INTELLIGENT COMPLETE ADVICE SOLUTIONS

Transcription

1 INTELLIGENT COMPLETE ADVICE SOLUTIONS

2 ABOUT US A SINGLE STORY, A COMMON GOAL Guild Financial Planning, a member of Partners Wealth Group, is one of Australia s leading providers of financial and business advisory services to health care professionals. We offer innovative financial advice and services to health care professionals and business owners around Australia. Our expertise includes comprehensive financial advice, investment, retirement planning, and superannuation as well as SMSFs, business succession planning and insurance. Our advisory team is qualified with specialist knowledge of the health care industry, which provides the most relevant guidance for health care professionals, business owners and their wealth creation. Whether you are just starting out, building momentum with your finances or reaching retirement, an appropriate financial plan can be tailored for every situation and every individual. Financial goals can be realised in a number of ways, but ultimately they re all about achieving the things you want and value most. At Guild Financial Planning, we work collaboratively with health professionals like you to achieve long term financial security and intergenerational wealth with solutions that suit. OUR APPROACH INTELLIGENT COMPLETE ADVICE SOLUTIONS With a Guild Financial Advisor, you will have a professional by your side to help you understand exactly: Your Guild Financial Advisor will act as your project manager, adviser, coach and educator every step of the way. Your advisor will help you manage your financial resources so you can achieve your financial and lifestyle goals. We stay up to date with the latest research and market changes. We challenge ourselves to be the best in everything we do and we embrace the opportunity to question conventional wisdom so that we can champion better outcomes for you.

3 HOW WE WORK WITH YOU WHAT TO EXPECT At Guild Financial Planning, we have a unique understanding of the health care industry. This unique understanding helps understand and tailor our advice to suit you. Our team of highly qualified advisors can work with you to understand your personal and financial goals no matter what age or stage of life you are at, and no matter what options are available to you. We can help whether it s a matter of putting extra into your super or setting up your own super fund, structuring an investment portfolio, or planning for retirement. We have two way discussions with you to gain an in-depth understanding of your needs and lifestyle objectives. We listen intently to make sure we identify all your needs. It is important that we understand your personal situation and what you hope to achieve in the future. We discuss a whole range of matters, such as: We need this detailed picture to build a strong foundation for any future planning. We then meet with you and communicate regularly to keep you up to date on market and legislative changes, and review your plans to ensure they are still relevant to your needs. At the same time we also consider any new opportunities or threats that may arise. As a health care professional you have a dedicated financial advisor to ensure you benefit from our coordinated and integrated advice solutions such as: We are well resourced, qualified and focused on providing you with tailored financial advice to ensure you achieve your goals now and into the future. VALUE OF OUR ADVICE One common misconception among people is that they re not earning enough or they don t have enough assets to benefit from seeing a financial advisor. However, the value of advice is relevant to anyone who aims to be financially independent. The fact is you can maximise your financial outcomes most effectively when you start taking action early. The right financial advice is important at every stage of your life. As a health professional whether you re seeking to build wealth or secure a retirement income, we can help you with appropriate strategies to suit your circumstances and aspirations. Financial planning and investment is a complex area, which takes considerable expertise, knowledge and time. Our planning process is designed to help you implement strategies to meeting your financial and lifestyle goals. While some people believe they have the capacity and skills to do it themselves, they also run the risk of missing key issues, industry insight and opportunities that could impact their investment. When you work in financial planning with a unique understanding of the health care industry, like our advisors do, you become very good at identifying those opportunities and helping clients make the most of them. Our role is to help you meet your goals in a manner which is efficient, holistic and tailored to meet your expectations which are: reporting. If you are looking for an advisory business that specialises in providing financial advice and business advisory services to health care professionals, then we look forward to working with you.

4 HOW WE WORK WITH YOU (CONT.) WHY CHOOSE US? At Guild Financial Planning, we have a unique understanding of the health care industry. This unique understanding helps understand and tailor our advice to suit you. The ease and convenience of working with a single organisation to achieve your client s financial and lifestyle goals. The right expertise and depth of experience, knowledge and resources that very few companies in Australia can offer. Specialist advice and consultancy services from a team of experts who tailor financial solutions to suit every stage of your life. A holistic approach with access to broader products and services to explore, maximise and better manage your financial wellbeing. A proven track record in providing complete, intelligent advice solutions to health care professionals and business owners. Our staff whose financial expertise is second to none and whose experience and knowledge delivers on our promise complete, intelligent advice solutions every time. We provide reports on your financial plan, an interim review every six months and a full annual review. This allows you to maintain a complete understanding of your progress against your goals and allows us to make adjustments to meet your changing needs.

5 OUR ADVICE PROCESS AND HOW IT WORKS At Guild Financial Planning the focus is on advice. At the forefront is your objectives, including your personal and if applicable business situation. Once we identify the problem we then follow a defined process, structure, strategy, tactics, to develop robust solutions that can be measured against the clients needs over time. STEP 1 INVESTMENT STRUCTURES STEP 2 STRATEGIC ASSET ALLOCATION TO MINIMISE RISK to be clear about your tolerance for risk and your investment needs both short term and long term. Our team works with you to help you understand the implications of your investment decisions and key considerations such as: fixed interest and bonds. STEP 3 TACTICAL INVESTMENT SELECTION benchmarking of your portfolio s performance as well as an understanding of different fund management approaches and your taxation and gearing options. This is the active and interactive process of actually choosing, purchasing and adjusting the investments over time. The issues we regularly consider here include: STEP 4 REGULAR PORTFOLIO REVIEWS The importance of regular reviews cannot be overestimated given the global market. Our regular and disciplined they emerge. Our monitoring has a focus on: and shifts in the financial planning arena.

6 OUR SERVICES Unlike other financial planning companies, we provide a one-stop shop to meet all your financial planning needs at every stage of your life from wealth creation, superannuation, retirement planning, risk management, estate planning, business succession planning, property procurement, mortgages and loans and legal advice. We work across our team of expert financial advisors to provide a seamless experience that saves you time and money. SUPERANNUATION Super is money for your future retirement. The super system helps you save money so you can do the things you want when you retire. The more money you put in today, the more money you will have for your future. We can help whether you re looking to: Grow your Super For many of us, super is our second largest investment outside our home. to investing our super, many of us just tick a box. At Partners, we don t take a tick box approach. Instead we provide you with a range of superannuation services and solutions to help manage and grow your super including: fees and charges potential tax benefits and tax free income payment thresholds. Manage your super How much super is enough? Many Australians will spend more than a quarter of their life in retirement and you may have a clear vision of how you want to spend it. It might be getting out for a round of golf, spending time with grandchildren, friends and family, travelling the world or all of the above? How much money will you need to make it a reality? The answer depends on your individual circumstances, financial goals and your a shorter period, its unlikely that your employee contributions will be sufficient. We can help you work out how much super is enough to meet your needs so you can retire comfortably. What super fund is right for me? Most people can choose their super fund for their employer contributions but with so many options available, it is not easy to know which fund is right for you? fee structures and benefits which may allow for additional employer or personal contributions, examining the insurance cover on offer, and checking overall fund performance. Changing super investment options Taking charge of your super and getting the right investment mix can really make a difference. You may be able to grow your super by investing in different asset classes. Some asset classes perform better than others in other words, they deliver higher returns. An appropriate investment mix for you will depend on your attitude to risk, and how long you expect to have before retirement. Superannuation strategies Are you getting the most out of your superannuation? There are a number of superannuation strategies to help you boost your retirement goals sooner rather than later. These include: Salary sacrificing a portion of your salary as an extra contribution to your super Superannuation guarantee which is the minimum amount your employer must pay into your super fund Super contributions if self-employed which can provide significant tax deductions and government co contributions if eligible Government co-contributions which will match your after tax super contributions depending on your annual gross earnings Spouse contributions particularly if one person earns considerably less than the other which can provide a tax offset depending on a means test and eligibility From age 55 boost your super with a transition to retirement strategy which means you make extra contributions from your before tax salary and potentially work less hours while maintaining your current income Borrowing within the superannuation environment to purchase assets such as property or shares.

7 SELF-MANAGED SUPER FUNDS retirement. The difference between a SMSF and other types of funds is that, generally, the members of a SMSF are also the trustees. This means the members of the SMSF run it for their own benefit. More Australians are choosing to take greater control of their superannuation savings by setting up and managing their own superannuation fund and taking advantage of the benefits they offer. These include greater tax payments for longer. What is a SMSF? by trustees or directors who are also its members and are usually related. The advantage of a SMSF is it offers Is a SMSF right for me? The two most common reasons the majority of Australians don t have a SMSF are: Setting up a SMSF is a major financial decision and you need to have the time and skills to do it. If you re looking to see if a SMSF is right for you, then you need to ask yourself three simple questions: super fund? rules and regulations, or are you prepared to access professional assistance to do this?

8 OUR SERVICES (CONT.) SMSF SOLUTIONS Take control of your super We can help you take control of your super with holistic solutions that cut through the complexities involved in managing and growing your SMSF. We look at your personal and financial circumstances to determine how to best structure your super fund. With your input we assess which investment strategy and asset selections will work best for you. Our team of specialists can also take care of all the compliance, tax and up to date with the latest regulatory and legislative changes. Part of our role is to ensure you can make timely and relevant decisions about your fund. We also look at what insurance you will need as part of your SMSF. Options include life, disability and income insurance protection. And there are also investment Setting up a new SMSF If you re interested in setting up a new fund we can help you: for example individual, corporate and trustee funds disclosure statements and trustee appointments Help manage your existing SMSF If you already have a SMSF, we provide comprehensive services for managing it. Our team of experts is uniquely placed to offer practical solutions to you or your accountant based on our extensive knowledge of the constantly changing legal environment that SMSFs operate in. Our Solution Our specialist accounting services include: Standards Administration and technical advice Guild Financial Planning offers a comprehensive Fund Administration Service to trustees of SMSFs who want more than an annual compliance service. This service includes: summary statements off by trustees each year including trust deeds, investment strategy and death benefit nominations. For you to keep up to date, we also offer technical advice relating to the dynamic tax and superannuation laws. Our phone subscription service ensures you have access to timely accurate advice whenever you need it. Grow your SMSF Portfolio dependent on a number of variables including what kind of return you want, what access to funds you need and what benefits your investment strategy can offer you. There is also the question of your level of risk aversion in a Limited Recourse Borrowing Arrangements (LRBA) allows you to use your SMSF to borrow money to buy property specifically for the purpose of providing retirement benefits to you and your members. The benefits are that you can: to purchase the property; and only partially paying for the property. the legislative changes to avoid common mistakes such as: being given or applying for the wrong type of loan, not documenting arrangements properly, acquiring property with inadequate funds and forgetting insurances against death and disablement. assistance to ensure you acquire property correctly including: agreements. We can also provide the statement of advice to cover borrowings by the SMSF and arrange insurance cover as well as assist with transfers from another super fund where applicable.

9 INVESTMENTS In today s economy, staying up to date with the latest taxation and legislative changes and keeping an eye on new investment opportunities is critical when looking at how to grow and structure your investment portfolio. We know from our experience that active monitoring of your asset selection is key to realising solid returns as is matching investment strategies and solutions to your needs over a given time frame. Active Portfolio Management is where our team of experts uses the latest data, research and knowledge to identify market trends and make investment decisions that aim to outperform benchmarked expectations. We discuss and explain the range of investment strategies and solutions available to you and how they work. And we point out the pros and cons, to help you decide what investments to purchase. We also work through your: Asset selection which looks at what investments you want to purchase and the issues around those choices Direct versus indirect investments where you can opt to purchase assets such as shares directly or invest indirectly through a managed fund Investment strategies and solutions across all investment classes as well as the benefits of a diversified portfolio to ensure you don t put all your eggs in one basket. Through smart investments in property and shares for example, you can potentially see strong returns while at the same time controlling your risks. When combined with gearing, this can provide a tax effective way to achieve wealth over the medium to long term.

10 OUR SERVICES (CONT.) RETIREMENT PLANNING Saving for retirement How much is enough? and more active lives in retirement. The lifestyle you want is highly personal so the question of how much is enough to retire comfortably is unique for everyone. We can help you answer questions like: How much do I need to retire comfortably? The answer here depends on how much you spend each year and how long your money will need to last. Most people have an idea of how much money they currently spend but very few are clear on how much money they ll need for each year of their retirement. Our team of professionals can help you work out how much you need to retire comfortably based on your retirement goals. Are my employer contributions going to be enough? your SG contributions may not be enough to fund your lifestyle in retirement. and end with your needs. Talk to us today about your retirement plan. Transitioning to retirement You no longer have to retire on the day you turn 65. The day you stop working control of your retirement date, prolong your retirement or use it to turn a redundancy into a time of opportunity. A transition to retirement strategy can: personal deductible contributions. You may want to: Work less by using your super to provide an income stream, which will attract lower marginal tax rates once you reach your preservation age Boost your super with a retirement strategy including extra personal deductible contributions or salary sacrificing Review your transition to retirement by looking at your current portfolio and assets and how you can reinvest or diversify Look at concessional contributions from your pre-tax income and caps per financial year depending on your age.

11 Managing your retirement You ve done your time and now you want to get the most of out of life and your money. So where should you invest your money and how can you make your money last? We can help you answer these questions including: Where should you invest your money, leave your money in your super fund or draw on it as an income stream and what are the pros and cons of different payment options such as annuities, pensions, lump sums and retirement savings accounts How much you can withdraw from your super if you take it as a lump sum or account based pension including transition limits Whether you qualify for the age pension and entitlements How to make your money last by having the right asset mix, managing debt and maximising government and How much tax you need to pay in retirement depending on your age, the taxable component of your superannuation benefit and your eligibility for tax offsets if a low income earner, mature age worker or pension aged The tax implications of converting non super assets into super assets How to prepare for the cost of aged care, facilities and full time care. The sooner you start planning the better chance you have of getting the retirement lifestyle you want. We can help you by bringing the right knowledge, expertise and guidance to identify and reach your retirement goals.

12 OUR SERVICES (CONT.) LIFE AND INCOME PROTECTION INSURANCE All of us run the risk of being unable to work due to injury or illness, but for health care professionals the risks you are exposed to are very unique. You need a risk adviser who really understands the risks and issues that you face every day. Thankfully our specialist risk advisors have an absolute focus on health care professionals, so are not only qualified and knowledgeable, but they also have substantial experience in helping health care professionals like you to protect themselves financially. Types of insurance, why you need it, and how it works? Income protection Business expenses protection Critical insurance Total and permanent disability Life insurance Why choose? Provides a replacement income stream if you are unable to work because of sickness or injury regular fixed operating expenses of your business if you be unable to work because of sickness or injury To help you cope financially with a traumatic medical condition such as cancer, heart attack, stroke or coronary bypass surgery To help you cope financially with the impact of total and permanent disability To help people who depend on you cope financially if you die or if you are diagnosed with a terminal illness or less to live What does it provide? Pays up to 75% of your income* for the period of time you are unable to work because of sickness or injury** business s fixed operating expenses** Pays you a nominated lump sum up to ^ Pays you a nominated lump sum up to ^ Pays a nominated lump sum unlimited^ How can you use the money? repayments e.g. groceries repayments such as personal loans, car loans or credit cards expenses such as: premiums incurred employing any non-revenue generating employees equipment heating costs professional telephone charges your lifestyle e.g. a re-fit of your home to reduce working hours to care for you use as income your lifestyle e.g. a re-fit of your home to reduce working hours to care for you income for lost or other costs help income should the remaining spouse choose not to work income to surviving spouse. e.g. groceries repayments such as personal loans, car loans or credit cards * If applicable, net of business expense before tax. Please note maximum amounts may apply ^ Subject to meeting insurance providers requirements ESTATE PLANNING AND MANAGEMENT We all know the old adage there s nothing certain about life except death and taxes. That is why estate planning is so important. Making arrangements for the ongoing care of your loved ones and your assets in the event of death or incapacity is not something you want to leave to chance. Our team of financial advisors and legal experts can build a comprehensive strategy across your investment accounts to ensure your wishes are carried out. We will also identify issues you may not have thought about including how to legally reduce taxes and establish effective structures. We can also help with more complex estate planning including setting up the best ownership structure for your assets, examining the taxation position of family members and developing a succession plan for ownership of family businesses.

13 BUSINESS SUCCESSION PLANNING As a business owner it s inevitable that one day you will leave your business. Whether you decide to sell up, retire or have to leave due to health reasons, it s important that you plan for that day. A succession, or exit plan outlines who will take over your business when you leave. her share of the business. Having a predetermined plan to transfer ownership of your share of the business can protect your business asset, and avoid disputes. We can advise you and your business partners on how to: Develop a business agreement to ensure the sale and purchase of a person s equity in the business upon retirement, death or disability Construct and facilitate a buy/sell agreement that identifies in advance the many issues around establishing these agreements including obligations for shareholders to buy and sell, the method of valuation, and insurance policies to provide cash for purchase. Funding solutions and mechanisms to enable a smooth transition and management of the business on exit of a business partner with minimal business disruption. A good succession plan enables a smooth transition with less likelihood of disruption to business and enable it to meet future needs. FINANCIAL PLANNING Investment planning is both art and science backed up by a shrewd knowledge of financial and market trends and human nature. A key strength in our business is our ability to manage your money in a way that minimises risk, maximises return and help you tailor your own plan for the future including: Goal establishment and tracking to help you frame your financial and personal goals, develop a financial plan and monitor your progress against your key milestones Cash flow management to ensure you have enough to cover living costs, emergencies and funds to set aside for investment strategies to grow your wealth Debt management to help you consolidate your debt, restructure your loans and negotiate lower rates and better terms Taxation planning to build your wealth more efficiently by legally minimising tax with an eye to retained income and capital Circumstantial advice when you need specific expertise to find the right solution for your issue or financial circumstances. TAKE THE FIRST STEP TOWARDS ACHIEVING YOUR GOALS BOOK YOUR FREE CONSULTATION NOW A second opinion can be powerful. Are you happy with the outcomes, support and service you re getting? Are you getting the most out of your SMSF, retirement and investment solutions? We can provide you with a second opinion about how to achieve your financial and lifestyle goals sooner. Whether you have a financial planning, superannuation, lending, legal, tax, insurance, investment, commercial or retirement planning issue, our free consultation will work out where you are, where you want to go with a plan on how to get there. Guild Financial Planning is just one of the specialist services and areas of financial and business advice offered by Partners standalone financial, legal and lending services or a full bespoke package to meet all your financial management needs. With Partners Wealth Group you only need to tell your story once. REFER A FRIEND TODAY If you re an existing client and believe our services can help your family and friends realise their financial and lifestyle goals, we would welcome the opportunity to talk to them. All referrals will be treated with the utmost confidentiality and respect. As a young unmarried couple we were both advised by Guild Financial Planning to take out a trauma insurance policy, which we did and then forgot about. Years later, my now husband was diagnosed with cancer. With 3 children, a mortgage and life needing to continue on as normally as possible, we were able to use the money from that Insurance cover. Guild Financial Planning helped us with our claim and took that worry out of our hands. Thank you for what you did in that time of crisis...we will be forever grateful...it s nice that good old fashioned service still exists.

14 GET THE COMPLETE PARTNERS WEALTH GROUP SOLUTION Whatever your income or circumstances, Partners works with you to make sure your investments and retirement planning strategies benefit you and are tailored to meet your life s changing needs or goals. same. We have a unique structured approach to financial planning and investment advice focused on driving the right financial outcomes for you. Our comprehensive wealth planning services include: direct shares, fixed interest, listed and unlisted property, cash and money market investments planning Superannuation advice and implementation strategies your SMSF using borrowed funds advice Legislation and regulations covering superannuation are constantly changing. The ATO s ability to impose penalties has been dramatically increased. for SMSFs to ensure they comply with the law. Partners Superannuation Services offers expert advice, support and services to accountants and financial planners to assist clients from set up through to wind down and all SMSF related concerns. Partners Superannuation Services include: deed updates gear to acquire property consulting service subscription service online service and commutation documentation. We stay well ahead of the game when it comes to complex and changing tax and superannuation laws and work with our financial planning and investment divisions to deliver a holistic wealth strategy to assist clients whether they are accumulating funds for retirement, have commenced a transition to a retirement income stream or are retired. As a comprehensive provider of SMSF services, Partners offers in-depth experience and specialist accounting expertise to meet your tax and regulatory requirements. Our services include: annual compliance for SMSFs for SMSFs in accordance with Australian Accounting Standards We also offer a comprehensive Fund Administration Service to trustees of SMSFs who want more than a compliance service by: for the fund are paid where appropriate documentation. Partners Legal provides networked and relevant solutions to our commercial and private clients and small to medium size accounting firms. It is a new breed of law firm which offers an integrated, one-stop shop approach to all our client s issues and needs including: law matters, including Personal Property Securities employment In particular, we are a leader in Solutions and have the know-how and expertise to provide innovative results and cost effective outcomes, which meets the needs of the investor. We also provide a highly successful model, which not only guarantees an orderly succession process but also maintains intergenerational wealth and equity for stakeholders.

15 Partners Mortgage and Lending Services Pty Ltd (PML) offers a full-scale finance brokering business to help you secure the best finance option and make an informed choice about your personal or business lending. We take the time to understand your goals, and most importantly we act for you not the banks or finance companies. Our services include: mortgages including refinancing and debt consolidation equipment finance to buy property requirements business loans development loans. Partners also offer an extensive range of lending products from Australia s leading banks and nonbank financial institutions. We can provide you with a short list of the most competitive loans suited to your financial situation. Partners Property (PP) works to help them make informed property decisions that can maximise returns and minimise risk. We can offer innovative strategies to free up cash flow for future property acquisition. Partners Property assists clients with: buyers advocacy property offers We also provide strategic property advice on: property property backed investments portfolio growth. At Partners, we work with clients to restructure their salary and increase their net take home pay. We help clients take advantage of approved employer salary packaging benefits such as superannuation, health insurance, car leases, laptops, mobile phones and mortgage loans. We look at individual employment agreements and advise clients on which options will best meet their requirements based on their life stage. We examine the opportunities relating to: including novated leasing superannuation in order to lower employee tax liability packaging with superannuation, investment and insurance wealth strategy. We also work with employers seeking to use salary packaging as a way to: looking to attract and retain skilled staff cover reductions through increased staff productivity. Partners 360 Bespoke Services has been developed as our premium product to meet our client s demand for a highly personalised and client specific package that encompasses all their personal advice, financial management and administration needs. Our expertise and family office style offering means that in addition to the stand alone services we provide, we also work closely with our clients to alleviate the administrative burden of managing their family assets and affairs including: We also provide a bespoke wealth package with investment, legal and tax advice, to preserve and grow our client s family wealth through: The benefit to our clients is they are able to work with a single organisation that is intimately familiar with their personal aspirations rather than working with multiple individuals who are not au fait with the bigger picture.

16 NATIONAL REACH AND NETWORKS Guild Financial Planning is a member of the Partners Wealth Group, one of Australia s leading business and financial advisory companies. and financial advisory services to health care professionals across Australia. CONTACT US The first step to achieving your goals is a phone call away. Contact our team of specialist financial advisors now: GUILD FINANCIAL PLANNING Head Office: Level 13, 636 St Kilda Road, Melbourne VIC 3004 (PO Box 6852, St Kilda Road Central VIC 8008) NSW Office: Level 4, 8 Spring Street, Sydney NSW 2000 QLD Office: Level 3, 164 Grey Street, South Brisbane, QLD 4101 WA Office: Suite 4, Level 1, 610 Murray Street, Perth, WA / office@guildfp.com.au X Partners Wealth Group PartnersPartners Salary Packaging Partners Property Partners PartnersPartners Superannuation Services Partners Superannuation Tax Services PartnersGuild Financial Planning Disclaimer: