What type of life do you want for you and your family?
Your adviser will ask this simple starting question early on, to work out the wealth you need to build.
In developing your personalised wealth creation strategy, the typical starting points include:
- Optimising your salary package
- Clearing personal debts ASAP
- Investing your savings astutely
- Minimizing tax
There’s no pre-defined list of services or conflicts of interest. Our sole focus is in researching the most suitable, tax-efficient investment options to start growing your money.
As your wealth plan takes shape according to your appetite for risk, we’ll look at your longer term goals too: perhaps your priority is supporting your children’s or grandchildren’s education, upgrading your home, or your own retirement?
We’ll help you plan for these and make smarter financial decisions – whatever life throws at you along the way. Typically, this will include:
- Cash-flow modelling & debt management (including gearing)
- Up-to-date investment advice (including shares, managed funds, margin loans & short-term money market recommendations)
- Superannuation, SMSFs & retirement planning
And we’ll stay by your side whether times are rough or it’s plain sailing, helping you review and adjust your portfolio accordingly.
The more you grow your wealth, the more you need to protect it. Personal and business insurance are often essential requirements…
Despite most people not thinking twice about insuring their home or car, they don’t insure their most important asset – themselves.
What happens if injury, illness, disability or death strikes? How will your family cope without your income? Medical costs and daily expenses rapidly add up and eat into savings or home equity. The impact can be devastating not only on an emotional level – but on a financial level too.
Typically, we’ll take you through the following options, depending on your personal situation:
- Income Protection Insurance
- Critical Illness or Trauma cover
- Total and Permanent Disability cover
- Life Insurance
Your adviser will assist in all aspects of managing insurance – from application to making a claim.
What happens if injury, illness, or death strikes a key member of your business?
Without appropriate insurance and buy/sell agreements in place, the loss of a business partner or key employee can lead to loss of revenue and, in the worst cases, business closure.
You should be considering protecting your business with:
- Key person insurance – for anyone whose knowledge, work or contribution is crucial to your business (owner, partner, key salesperson, etc.)
- Buy/sell agreements – like a ‘will’ for your business, detailing the transfer of the departing owner’s interest (shares?) in the business to surviving owners in the event of major illness, injury or death
Ensure the survival and longevity of your business by talking to an adviser…
When someone passes away it can take months or even years for an estate to be distributed. We’ve seen how this can lead to friction amongst family members at a very emotional time.
Safeguarding the wealth that you’ve built over your lifetime and ensuring that is transferred smoothly, according to your wishes, requires careful estate planning.
It involves more than creating a will. Some areas aren’t covered by a will, such as superannuation savings. And did you know that some of your wishes can take effect while you are still around?
The decisions you make now will affect your family’s future. It’s important to get them right.
Level 12 Matisse Tower
110 Mary Street
Brisbane QLD 4000
PO Box 15970 CITY EAST QLD 4002
07 3012 8524
Kon-Tiki Business Centre, Tower 2, Unit 213
55 Plaza Parade
Maroochydore QLD 4558
PO Box 212 MAROOCHYDORE QLD 4558
07 5475 0800
This information is general advice and does not take into account a person’s objectives, financial situation or needs. A person should consider obtaining financial advice before making a decision about the information noted in this document. Sherrin Partners Pty Ltd is a Corporate Authorised Representative of Sherrin Partners Services Pty Ltd. Sherrin Partners Services Pty Ltd holds an Australian Financial Services License (No. 497949) issued by the Australian Securities and Investment Commission (ASIC). Important information to help you understand the financial services provided by Sherrin Partners is contained in Sherrin Partners Financial Services Guide (FSG).