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Genuine Individual Financial Advice to Secure Your Financial Future
Strategic Financial Solutions is an independently-owned, boutique financial planning practice. We offer genuine advice and have no vested interest in promoting specific products. Our only interest is in you, and in making sure your hard-earned money works just as hard as you do.
Good financial management isn’t only about investing for growth. It also means taking care of risk, planning for retirement, and looking after your estate. SFS can do all of this for you.
Our approach to creating your unique financial plan is to listen. We ask about your goals, your lifestyle, and your attitude to risk and money. Based on what we hear, we use our expertise to develop a range of genuine recommendations that will achieve your financial goals. The end result is what’s important. Products are just a means to an end. You will make the final choice about where your money goes.
You can think of your financial plan like a house. Wealth creation is like the roof over your head; the means to live the lifestyle you’ve always dreamed of. Wealth protection is the foundations; without strong foundations, any house - or financial plan - can fall over. When creating your financial plan, we will consider both these elements in devising an integrated strategy.
Our clients acknowledge that they achieve far better financial results working with us than they could have achieved alone.
For example: On our recommendation, SFS clients took early advantage of ‘transition to retirement’ pensions when these were introduced in 2006, saving tax and enhancing super benefits by replacing taxable income with tax-free income.
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During recent market volatility, we reworked all SFS clients’ portfolios to protect their investments, avoid capital losses where we could, and prevent knee-jerk investment decisions that could result in poor long-term outcomes. |
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On our recommendation, many SFS clients have reviewed their superannuation funds and wills to ensure the best tax effective strategy to meet their estate planning objectives. |
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A professional client, to whom we recommended income protection insurance, became unable to perform her job and was able to call on these benefits to maintain her investments and lifestyle. |
Here is a brief description of the process we work through with clients when building a financial plan.
| Step 1 |
Through face to face meetings and discussions, we get a clear picture of your current financial situation; |
| Step 2 |
We guide you in formulating your financial goals and objectives |
| Step 3 |
Together we create a strategy for achieving those goals, using the resources we have identified in Step 1; |
| Step 4 |
We identify risks in the strategy and seek to cover those risks where possible; |
| Step 5 |
We produce a clearly written advice detailing our recommended strategy, how we came to devise the strategy, and how it will be implemented; and finally |
| Step 6 |
Importantly, we review the strategies we have implemented on a regular basis to ensure they continue to meet your needs |
And here are some of the areas we focus on in developing that plan.
Wealth Protection
Risk Management
We look at your tolerance for risk; how you behave around money; and your current financial circumstances and expectations to recommend ways to mitigate risks and protect your wealth. This may include considering life insurance, income and trauma protection.
Debt Management
Debt can be a useful tool to support your financial plan and we can help you use debt to create wealth and minimise tax. We review your debt levels and work with your debt providers to structure debt correctly.
Estate Planning
Estate planning is part of protecting your assets. We look at inheritance planning, life insurance, superannuation and tax implications to ensure your wealth is protected according to your intentions. |
Wealth Creation
Tax Planning
Tax is just another expense in the process of creating wealth. We suggest tax minimisation strategies to make sure you’re not paying more tax than you need to, and use opportunities in the tax system to make the most of your financial plans.
Wealth Accumulation
Wealth accumulation depends on effective investment strategies. We will look at how best to mobilise your earnings, savings, the tax system, and non-super strategies to accumulate wealth.
Superannuation Strategies
Superannuation is a moving target and maximising your wealth within superannuation laws and guidelines requires specialist knowledge. We will help you to make the most of your super within our complex, changeable legislative environment.
Portfolio Construction
We can help you construct an investment portfolio that matches your goals and risk profile. Our product research and recommendations include direct shares as well as managed funds and we provide six-monthly investment reviews and reports. |
Copyright © 2010 Strategic Financial Solutions Pty Ltd unless otherwise stated.
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