Jack is at the height of success. He has worked hard over the years and has accumulated a great deal of wealth to show for it. Jack has financial freedom and time on his hands. He is very proactive and social and sits on many boards and committees. These days Jack lives a lifestyle based on hobbies rather than on work.
At this stage of his life, Jack has a goal to give back to the causes he's interested in. To do this effectively, he needs to preserve and protect his wealth. He has a diverse investment and insurance portfolio as well as a self-managed super fund. Jack also needs help with his estate planning affairs. He hasn't been satisfied with his current financial adviser lately. He's not confident that his adviser is providing him access to thorough reviews or current advice strategies. Jack requires a financial adviser who can proactively recommend new opportunities that may be suitable for him, as well as help him get his estate planning affairs organised and provide him with specialised advice on how to protect his assets so he can give back more.
If you can identify with Jack, you may need an 'advice team' that can provide you with tailored advice specific to your current life situation and wealth strategy needs. Things such as transitioning to retirement, superannuation, estate planning and philanthropy are usually the big ticket items. Getting good financial advice around these issues can be invaluable.
Jack sought advice from a Financial Services Partners Adviser who:
- reviewed his current financial situation and needs
- assessed his entire wealth strategy and portfolio
- assessed his investment portfolio
- provided recommendations on suitable changes to strategy and investment opportunities, and
- helped him start giving back with the right structures and strategies.
With the advice he received from his Financial Services Partners Adviser together with his other professional advisers, Jack feels confident that he now has a good 'advice team' that will provide him with solutions that are perfectly tailored to his needs.