Strategic Wealth Management

STRATEGIC WEALTH MANAGEMENT

Wealth management is more than just financial advice for high net worth individuals. It’s a way for you to set high financial standards and to create a roadmap to reach your goals.

At Wilson Porter, we have created a ‘one stop shop’ by putting together a network of professionals who can cater to all of your wealth management needs.

These services include:

For those who do not want the hands-on approach of a small managed super fund, our consultants can source a fund that is best for you and advise on the appropriate investment strategy to use.

With expert wealth strategists helping you manage a super fund personalised to your goals, it’s easier to make the investment decisions required to achieve the retirement of your dreams.

Great wealth necessitates great protections. To ensure continued prosperity for you and your family, you’ll need a comprehensive insurance portfolio to prepare you for unexpected events.

Our independent brokers can supply all your insurance needs, from business packages to personal insurance including life, income protection and domestic.

You’ve worked hard building your wealth, so your estate should be distributed according to your wishes after you pass away. With the help of our wealth managers, you can devise an estate plan you believe is fair to your loved ones and respectful to your legacy.

WHAT IS A WEALTH PORTFOLIO?

A wealth portfolio is a collection of your investments, and it can contain a wide range of assets. Shares are not the only thing that appear in a wealth portfolio — essentially, it’s everything you own that has value. For example, your home, vehicle, business or precious collectables can all be considered a part of your wealth portfolio. In fact, many would argue that the wider variety of investments you have, the less risk you incur.

More diversification necessitates a hands-on approach. That’s where wealth managers come in.

Professionals can monitor how the value of your investments are changing and what you can do to keep your overall net worth on the rise. By diversifying your portfolio, you can watch your wealth grow while having peace of mind in knowing that your overall wealth will be protected. Wealth managers can manage your portfolio to ensure you make all the right moves to prioritise both growth and security.

WHAT’S THE DIFFERENCE BETWEEN A WEALTH MANAGER AND A FINANCIAL PLANNER?

The term “financial planner” is quite broad. Financial planners help everyone — regardless of income — with any problem or goal related to their wealth. For example, consolidating debts, alleviating tax burden and saving for retirement are all topics that someone might see a financial planner to discuss.

A wealth manager — while also wide-ranging in capabilities — is tailored to a more niche customer base.

Wealth managers cater to high net worth individuals — people with a highly valuable collection of assets in their wealth portfolio who want to leverage their current worth to create more wealth for themselves and their families. This requires strategy and expertise, which is where wealth managers come in.

As professionals in the field, they have expertise in managing wide ranges of wealth and varieties of assets. With wealth management, you get all of the customisation of a financial planner, plus the added benefit of working with someone who specialises in managing high net wealth portfolios.

WHAT SHOULD I LOOK FOR IN A WEALTH MANAGER?

A wealth manager should get to know you and your financial situation in and out. They should understand that no two people are alike, and your goals may be very different than those of individuals with similar levels of wealth.

A wealth manager should also be an expert in their field. One of the benefits of wealth management is that it is a niche market, offering you even a higher level of personalisation than the broader category of financial planning. Wealth managers deliver such desirable results because of their advanced skills in strategising, planning, organising and thinking big.

At Wilson Porter, our team will connect you with wealth managers who will help you to grow your wealth to its fullest potential. You and your financial advisors will discuss your specific goals and create a personalised strategy to help you achieve them.

Our team has extensive experience working with people from all walks of life to protect, manage and expand their assets. When you put your trust in us, we deliver results.

Contact us today to learn more about strategic wealth management.