Sarah is an extremely successful business woman and recently sold her business for a little over $100m.

She has done incredibly well financially over her lifetime and has acquired numerous investment assets across various entities, managed by numerous organisations over the years, including, direct properties, unlisted assets, domestic and international shares and private equity.

She has now decided to retire.

Sarah has had an unstructured way of building wealth during her working life.

However, she has now decided she would like to adopt an organised framework that is professional and rigorous for her significant wealth as she enjoys the second half of her life.

She has elected us to oversee the entire portfolio, so that there is a clear overarching strategy across the various entities.

She sought our expertise in order to declutter and organise her financial affairs, as keeping track of the overall investment portfolio is becoming time-consuming and her accounting fees are significant given the work involved in reconciling accounts, reports and completing financials each year.

Another key priority was to ensure the effective transfer of all her wealth when she dies. She has worked hard and has done well financially, but with that comes complexity. Sarah wanted to ensure she aligned herself with a firm that works with Estate Planning Lawyers who can help implement innovative solutions in the event of her death.

Our first step was to work with Sarah to establish a clear investment objective for the overall portfolio. This would be the overarching goal that would guide all our instructions, directions and strategies. It was critical for us to understand this first and foremost, so that we could be clear about the recommendations we make moving forward.

We then worked with Sarah to consolidate her vast investment portfolio and provide her with a portal to view and track all her investments. This was done carefully and over multiple financial years to manage adverse tax consequences.

We were able to position Sarah’s portfolio in line with the overarching goal previously established to ensure she had a well-diversified portfolio across asset classes, investment styles, unlisted and listed assets in each of her entities.

We were also able to significantly reduce her investment management costs to the hundreds of thousands without sacrificing the quality of the investment asset exposure. Subsequently, given the reporting capability we have

Creating and managing significant wealth

recommended, her accounting fees have also been substantially reduced.

In addition, we project managed her estate plan with our panel of Estate Planning lawyers to ensure all legal documentation was in order primarily for asset protection and tax minimisation when the time comes for money to be distributed to her adult children tax effectively.

Sarah was overjoyed by what we were able to achieve for her. The administration burden and dealing with multiple advisory firms in the past has been lifted off her shoulders and she is much happier having such rigour and organisation for her wealth.

The cost savings achieved were also of significant value to her. She knew that more could be done to drive down costs and optimise her portfolio, but she did not have the know-how about where to start.

The Estate Planning strategies and documentation put in place were a massive relief. Sarah now knows if something were to happen to her, the significant money she has accumulated would be protected from her adult children’s partners/inlaws whilst minimising tax. She was highly appreciative of us taking care of all these matters.

We meet quarterly to assess and review the progress, characteristics and biases of the portfolio. She is grateful and relieved that a professional adviser is now taking care of the entire portfolio and that all the stress of managing the portfolio has been removed from her and she can go on and enjoy her retirement.

‍