Wealth Managment
What Is Wealth Management?
Just as you take steps to protect your health, your wealth also requires careful preservation. Your assets need to be safeguarded against potential threats, such as taxation, inflation, and investment risks.
​
Regardless of your current level of wealth, it’s wise to consider a risk aversion strategy. Risk aversion is a sensible approach for anyone confident they have sufficient assets to provide for themselves and their family in the future.
There are many ways to preserve wealth in real terms, protect against uncertainties, and ensure peace of mind. However, unidentified risks pose a far greater threat to your wealth than taxes. While taxation may impact a portion of your assets, poorly managed risks can jeopardise everything.
Developing a risk aversion plan begins by asking yourself key questions, such as:
​​
-
Is my job secure?
-
What happens if my employer goes out of business?
-
How secure are my investments?
-
Is my occupational pension safe?
-
What if an elderly relative requires residential care?
-
What happens if I go through a divorce?
-
Do I have adequate insurance coverage?
These are just a few examples, and you’ll likely identify additional concerns. While this may not be the most uplifting task, working through these scenarios and assessing their probabilities can help clarify your priorities and form the foundation of your risk aversion strategy.
Our wealth management service is designed to provide you with professional advice on creating, building, and protecting your wealth while minimising your tax liability. We develop and monitor a comprehensive wealth preservation plan, supporting you through a long-term, ongoing relationship.
