Financial Planning Services
Through our integrated services, we can help you save money, protect against risk, manage debts, grow assets, reduce tax liabilities, plan for retirement, identify entitlements for government benefits, and even plan your legacy for the next generation.
In developing your strategic financial plan, your financial planning team will gain a thorough understanding of all aspects of your lifestyle, your current circumstances and your goals to develop a financial road-map suitable for you.
Here are some of the areas in financial services we can assist:
- Retirement Planning & Wealth Creation Strategies - Click to expand
Most Australians are now living much longer and there is a real need to plan for your years in retirement, no matter what age you are now. But many of us don’t know our numbers:
- When can we retire?
- How much money will we require at retirement, and even more importantly
- What do we need to do to grow that money!We have been using and refining our Retirement Gap Planning process for over 10 years so that each of our clients can be confident in the knowledge that they are on track for their retirement. If you are not sure about your numbers, we can take you through this process too.
- Investment Planning (including risk profiling)- Click to expand
Investment planning focuses on identifying effective investment strategies according to an investor’s risk sensitivity and financial goals. There is a wide variety of investment options, including direct shares, bonds, mutual funds, bank deposits, managed funds real estate (residential and commercial property), futures and options.
Through proper investment planning, we can identify the most appropriate portfolio mix which will meet your needs and be aligned to your sensitivity to risk and volatility.
- Gearing & Diversification - Click to expand
Increasingly more people are realising the benefits of gearing into the sharemarket. Not only is there an increased opportunity to create wealth, gearing also offers greater portfolio diversification and potential tax efficiencies. Diversification is a long-term strategy that can help an investor avoid overexposure to dangerously hot asset classes.
- Salary Packaging Advice- Click to expand
Salary packaging takes advantage of the opportunities and tax concessions available to employees of Public Benevolent Institutions, Charities and not-for-profit Hospitals. It is an arrangement where an employee agrees to forego some of the wages that will be owed to them in the future, in exchange for something of a similar value. As part of our services we are able to guide you in this area.
- Superannuation Strategies and Implementation - Click to expand
Superannuation is your investment in the future, but do you know how to really make it work for you? Our team has a thorough understanding of super and can advise and explain what will best work for you. You’ve worked hard for it, now let us make it work for you.
- Self Managed Superannuation Funds (SMSFs)- Click to expand
Self managed super funds offer flexibility so that they can be structured to meet the specific investment needs of members. An SMSF provides maximum control over your superannuation assets and allows you the flexibility to decide how your funds are invested and how the fund is to operate.
- Allocated Pensions (and Transitioning to Retirement TTR Strategies- Click to expand
An allocated pension is an account that will provide you with a regular income stream from your super savings. The income stream will generally be available to you once you've reached age 65 and retired from the workforce. In some circumstances, you may be able to access your super while you are still working as a transition to retirement or pre-retirement pension.
- Generating Tax-Free Income- Click to expand
Many people are interested in creating income these days and when you talk about "Tax Free Income" this really props their ears open! Through effecting tax planning and structuring, we can ensure maximise opportunities available to you, without compromising your long-term wealth goals.
- Estate Planning & Generational Wealth Transfer- Click to expand
Estate planning is a way of ensuring that a person's estate is passed onto their beneficiaries in the most financially efficient and tax effective way possible.
It is important to ensure that family and dependants will have adequate resources to maintain their standard of living should there be a catastrophe. The amount of money needed will vary according to age, family circumstances, health and employment. The mix of assets available to meet these needs will change over time.
With the right financial plan in place and the support of a Snelleman Tom Financial Planner, you can be confident that the decisions you make today are helping you move closer to reaching your goals.
