As specialist wealth management advisers, we’ve been at this for 50 years, ‘walking alongside’ our clients in their respective journeys, which are all so different and varied. We avoid a specific label for ourselves in this role and process. We are something between lawyers, accountants, financial advisers, and wise old counselors reading the circumstances and potential changes which will inevitably occur inside any family.
Peter & Phillipa’s Wealth Journey
Peter & Phillipa, retired business owners, built, successfully managed and sold their family’s Australian apparel business that they had operated for over 40 years.
With the considerable business sale proceeds combined with significant accumulated wealth along their business journey, Peter and his wife Phillipa, “doubled-down" on their intergenerational wealth transfer planning. They have two adult children with three grandchildren.
Both vibrant characters who largely saw the sale of a business they had built over four decades, as an end to one chapter and the beginning of the next – in fact, seeking to open various new chapters. This is often the perspective of many of our clients who pursue an active, multi-faceted post-business life.
Peter & Phillipa identified three areas of focus:
Core Lifestyle Funding Strategy
Moderate risk: Commercial Property acquisition & value add strategy (independent of the Core Funding Strategy)
Intergenerational Wealth Transfer: Strategy addressing the next 20 to 30 years and beyond in a knowing and meaningful way.
