A New Year’s Guide To Your Family’s Ongoing Investment Reviews
At York, we take pride in our commitment to helping business owners, professionals, and families safeguard and grow their wealth across generations. A vital part of our financial planning service is conducting ongoing investment reviews. In this guide, we will delve into seven core areas that we cover during these reviews to ensure that your investment portfolio effectively meets your unique needs and objectives.
Asset Allocation Limits:
Determining the right asset allocation is the cornerstone of a successful investment strategy. During our review, we will assess your capacity for risk and align your investments with your goals. Our aim is to ensure that each investment within your portfolio is optimized to meet your financial aspirations.
Manager Selection Process:
Our meticulous approach to selecting investment managers is crucial. We assess their track record, evaluating their ability to consistently outperform the market. We'll also provide insights into how your portfolio is constructed, ensuring transparency at every step.
Manager Replacement:
If a change in investment manager is warranted, we have a clear and efficient process in place. We will walk you through the transition, making it as smooth as possible, and discuss any potential cost implications. Your peace of mind remains our priority.
Liquidity Needs:
During the review, we will consider your liquidity needs. How quickly might you require access to cash? This assessment is vital to ensure your portfolio is flexible enough to meet any short-term financial demands.
Ethical Preferences/Constraints:
We understand that ethical considerations play a significant role in investment decisions. Do you have any specific industries or companies you prefer not to invest in, such as Tobacco, Gaming, or Mining? Your values guide our investment choices.
Fees and Reporting Preferences:
Transparency is key in our client relationships. We will discuss how often you'd like us to report to you. Whether it's quarterly, semi-annually, or annually, we'll tailor our reporting schedule to your preferences.
Reviewing the Results:
At York, we believe in the importance of ongoing communication. We will periodically update you on your investment performance, review your progress in achieving financial goals, and adjust strategies if circumstances change. We'll keep you informed about new opportunities, changes in taxation, and government legislation, and modify strategies accordingly.
Conclusion:
Our commitment to your financial well-being extends beyond initial planning. Ongoing investment reviews are essential to ensure that your portfolio remains aligned with your objectives and values. With York Wealth Advisors, you can expect a comprehensive, transparent, and client-focused approach to securing and growing your wealth for generations to come.
Until next time.
Written by,
Murdoch Gatti
Private Wealth Manager | MComm Fin
IMPORTANT DISCLAIMER
Murdoch Gatti at York Wealth Management Pty Ltd ABN 46 605 610 679 is an Corporate Authorised Representative of Samuel Allgate Investments Pty Ltd AFSL No. 420170; Financial Adviser Authorised Representative Number 001007979.
This article has been prepared without taking into consideration any investor’s financial situations, objectives or needs. Accordingly, before acting on the advice in this article, you should consider its appropriateness to your financial situation, objectives and needs. Every reasonable effort has been made to ensure the information provided is correct, but we cannot make any representation nor warranty as to the accuracy, completeness or currency of that information. To the extent permissible by law, no responsibility for any errors or misstatements is taken, negligent or otherwise. SAI or its authorised representatives may also receive fees or brokerage from dealing in financial products, see the Financial Services Guide for information about the services offered available at York Wealth Management.