This idea sounds simple but invariably in the investment community we find that there is pressure to come up with the next golden goose or to have the Midas touch. The GFC, the worst draw down in our financial history, was a testing time for all financial professionals. It was also an unprecedented opportunity to test our investment theory. With this experience behind us we have been able to adapt our process and adopt methodologies to improve our service offering. Drawing upon experience from elite Financial Planning firms in the United States we have been able to develop a systemised approach to investing that works. It is not a get rich quick scheme. It is a get rich slow scheme. One of our credos is “exciting life boring money”.
At Wealth & Retirement Solutions we take the time to get to know the investments we are recommending. Whether it be a portfolio of blue chip shares, a long established and profitable managed fund or a basket of exchange traded funds weighted for a particular index. We draw upon its experience to provide portfolios that work.
Utilising research from independent research house Lonsec, we strive to attain only the highest recommended direct shares and managed funds and ETF’s. We even take the management of term deposits and cash to a higher level with a platform designed to shop the best term deposit rate without our clients constantly completing new paperwork.
This said, we are not traders of assets. In fact our decision to buy an asset is generally for the long term, 7 years plus (cash aside). We do our research and put forward our best choices up front. On occasion changes are required. Examples of these include where large distributions are paid and cash is over weight, where a manager or stock receives a rating write down and we need to sell down or where there is a re-weighting of the asset that is required. Any decision to purchase or sell an asset is carefully considered and researched. The investments and stocks we hold for you are the same as the assets we hold for all of our clients unless you have specifically directed us to purchase a particular asset outside our recommendations. From an investment management perspective it makes good sense to own assets that are thoroughly reviewed and researched.
We pride ourselves on our transparency as well as our innovation. Our clients are free to move their assets at any time if they are unhappy with our services. There are no barriers to exit. We feel that if we are doing a good job then our clients shall remain invested and if we are not, then they should be able to move their assets without issue.
The idea of managing your own superannuation money seems like common sense. At WRS we have over 20 years of helping our clients establish and manage their SMSF’s. The compliance and regulatory requirements placed on trustees is onerous. Ensuring that your fund is compliant, decisions accurately documented, and strategies implemented within the letter of the law is just the beginning.
There is an idea out in the community that Superannuation is an investment of its own. It is spoken about as if it were an investment. My super made money last year but lost money the year before. This is inaccurate and I will tell you why. Super is a vehicle. It’s not an investment.
At WRS we take a staged approach to financial planning for our clients. We determine where the priorities are and then break down how we achieve those priorities. We take into consideration minimising tax payable and selecting assets that are relevant to your income or growth needs.
Our expertise in life insurance goes back over 20 years. Whether you need to protect your family or your business, WRS have the knowledge to ensure that you get the advice that fits the need.
If you are still reading then maybe you should consider either reviewing your existing income protection or taking out an income protection policy.
If you do not have a policy then let us explain what it is. Income protection keeps your income coming if you are injured or ill and unable to work.
At WRS we subscribe to the Warren Buffett approach in regards to investments. In recent commentary Warren Buffett recommended his wife , on Warren’s passing, direct a great deal of his monies to index investing. At WRS this has been our approach for over a decade.