Wealth creation strategies: For those who want to secure the best for their families.
Every family has unique goals and values, as does every family member. We believe the best outcomes come from working across generations and taking a long-term view of family wealth creation.
We work together to create a clear strategy that takes advantage of the many options available to build and protect your wealth. With a plan in place the entire family can be confident that long-term goals will be met, whether that is the transition of the family business, a secure retirement, funding children’s education, or the purchase of the first home.
No matter what your age, it always helps to be financially fit.
Financial fitness is an ongoing process, the result of consistent attention and good habits. Just like a personal trainer helps you accomplish goals you would never achieve alone, we believe that the best financial results are achieved with a long-term relationship.
Catapult Wealth works with clients across every stage of life, all with very different needs and financial attitudes. We pride ourselves on providing advice that is tailored to these differences and puts the achievement of your goals at its core. We believe a clear plan is vital, but also provide the accountability and expertise to ensure the plan becomes reality
How can we look after you?
Protecting your wealth is a key objective for all investors. Many find themselves financially exposed through inappropriate structuring of their investments. Ensuring your asset ownership structure is optimal and that you have suitable insurance in place is central to effective asset protection. Estate planning should also be considered when thinking about Wealth Protection.
We can offer a comprehensive review of all your Life, TPD, Trauma and Income Protection Insurance needs, as well as reviewing your existing portfolio to legally minimise your tax liabilities (including the tax on capital gains).
Attention to detail is the key to a successful wealth strategy, luck doesn’t come into it. It’s all about following the established principles of diversification, investing in growth assets and allowing time to work in your favour.
Whatever the goal is, a savings plan is the cornerstone of achieving any financial goal, no matter how big or small.
Simple things like moving funds from low-interest accounts to repay debt or increase super, paying your credit card or mortgage on time and sourcing cheaper loans can all improve your financial position.
The most appropriate investment strategy is determined by balancing your attitude towards investment risk and your investment time-frame. This will reveal your risk profile and your appropriate asset allocation. If you can’t sleep soundly at night because you are worrying about your investment, it’s not the right one for you.
Life after work
When you give up work many things change. The opportunity to reduce tax is greater, but usually some re-structuring of your portfolio is required. Travel, capital purchases, moving home, repaying debt, providing for children and grandchildren all need to be taken into account. And it is also a time when lifestyle has a greater impact on your decisions.
This process needs to be planned and managed starting at least 5 years before you intend to retire.
Superannuation forms a fundamental part of most (if not all) investment and retirement strategies. The considerable tax advantages of super, both when you are working, and after you retire are far too good to ignore.
Self-managed super funds have been growing at a phenomenal rate for many years as people seek to control the investment of their retirement savings. Flexibility in selecting your own investments, controlling management costs and facilitating estate planning are seen as distinct advantages.
Many people feel property is a good investment due to a belief in ‘bricks and mortar’, and the fact that it is a tangible asset. Whilst residential property is the obvious choice, consideration should also be given to commercial, industrial, retail and rural properties.
We can provide you with a strategy outlining the advantages and disadvantages of direct property investment.
In most cases, wealth starts with a savings plan. You need to take control of your personal finances and adopt a disciplined approach to build savings; your income must exceed your expenditure. Saving is of particular importance to singles and couples without children. A fundamental of investing is that time is on your side, provided you start early, you will get a better result.