Financial Planning & Advice

At Humphrey Partners we specialise in Financial Planning advice in the Brisbane area and beyond. Financial planning helps you take control of your financial future.  A financial plan sets out your current financial situation and financial goals. Working with fee for service financial planner can help you achieve your financial goals.

Common questions asked by prospective clients include:

"What is a financial plan?"

"How much does a financial plan cost?"

"Does a financial plan include retirement planning?"

Financial plans are designed to help you meet your goals and often include proposed budgets, investments, wealth protection and wealth creation strategies.  We create financial plans to suit your priorities, spending habits and attitude to risk.  Our financial plans are developed with a theme of tax minimisation.

Your financial goals may include paying off the home loan, retirement income streams, funding sabbaticals, education funding, house upgrades, investment income streams, purchase of a holiday home, and estate planning strategies.

A financial plan should be reviewed regularly and updated to take account of your changing circumstances, as well as legislation changes.

Financial Planning Advice

Our financial planning advice is strategy based and personalized.  We take a ‘no nonsense’ approach, utilising our detailed knowledge of investment markets, tax, estate planning and superannuation.

We divide our financial planning offering into investment advice and financial advice.  We consider financial planning the art of integrating these components into a tax effective financial plan.

Financial Advice

Our financial advice provides clients with the framework to maximise and protect their wealth.  The main themes of our financial advice are tax minimisation, asset protection and planning wealth distribution on death.

Our financial planners are strategists that provide financial planning advice; they are not bound by products.  As such, we tailor comprehensive financial plans based on each clients' specific situation.

We keep abreast of legislation changes to ensure the legality of our financial strategies and to take advantage of new ones.

Wealth creation

Our wealth creation advice encompasses investment advice and many aspects of financial advice.  From a wealth creation perspective, our financial advice includes:

• Salary packaging
• Gearing levels
• Debt reduction strategies
• Superannuation strategies
• Tax minimisation
• Utilising government tax offsets, grants and allowances.

Tax minimisation

Our tax and accounting knowledge ensures our financial planning approach is tax focused.  This includes making key decisions on:

• The structure of investment and business assets (asset protection is also relevant)
• Whether investments should be held in superannuation
• Appropriate levels of superannuation contributions
• Salary packaging
• The after tax returns of investments.

Superannuation

Superannuation is a key area of our expertise.  This includes Self Managed Superannuation Funds (SMSF), superannuation pensions, superannuation strategies, retirement planning and investment advice.  Important consideration is given to:

• The start date(s) of superannuation pensions
• Pre-retirement planning
• Spouse superannuation contributions splitting
• Investment strategies including the possible use of Installment Warrants (borrowing in superannuation).

Estate planning

Estate planning is fundamental to our financial planning approach.  Estate planning determines how family wealth is passed on to dependants, as well as who controls your assets in the event of incapacity.  For business owners, good estate planning includes business succession planning.

Asset protection

We provide advice on asset protection.  This includes protection from:

• Ill health (personal insurance)
• Bankruptcy
• Litigation.

Humphrey Partners Private Wealth is conveniently located on the outskirts of Brisbane's CBD.