Learn how we can help transform your goals into your reality
Financial Planning
Financial Planning is a continual process that ensures your financial strategies adapt over the years to your changing needs. Ideally a financial plan would cover your entire financial situation however there are times when it may be more appropriate to limit it to a particular issue that is of critical importance at the time.
What’s the process?
Step 1 Gathering Information About You
We will meet with you face to face to uncover the information that is critical to us getting an accurate picture of your current financial position.
Step 2 Identify Your Financial And Lifestyle Goals
In this equally important part of the initial process your adviser will help you to identify and articulate your goals and aspirations.
Step 3 Identify Your Financial Issues
We will analyse your current situation, in conjunction with your goals, to identify any ‘gaps’ that need to be addressed in order to get you where you want to go.
Step 4 Prepare Your Financial Plan
Your financial plan will bring together your current situation, your goals and the strategies we recommend. It will be tailored to your individual situation and presented in an easy to understand format and language.
Step 5 Implement Your Financial Plan
We will organise the paperwork you need to complete and follow through the placement of investments to ensure everything is put in place correctly.
Step 6 Reviewing And Revising Your Plan
We will work out an ongoing service package to suit you. You can be assured that Henderson Ross & Co has all of the necessary systems and people in place to make sure each of our commitments to you are met.
Superannuation
Superannuation is a tax-effective and valuable savings system that allows you to save for the lifestyle you want in retirement. Whether you want to travel the world in style, or retire quietly, our advice on superannuation will ensure you can achieve your goals.
The two main benefits of superannuation as a savings strategy are its tax-effective nature and the great range of investment choices. Henderson Ross & Co will create a superannuation strategy to suit your needs and situation.
See Also: Self-Managed Super Funds
Self Managed Superannuation Funds
Establishing an SMSF is a big decision. We can help you to decide if an SMSF is right for you.
We consider issues such as:
- the type of investments you would like to own in your superannuation fund;
- how much control over the investments you want;
- how much time you are willing and able to devote to the management of your fund;
- your level of financial experience and knowledge;
- the amount you intend to invest.
Whether you already have an existing SMSF or you’re intending to establish a new fund, Henderson Ross & Co offer a number of services to choose from:
- Providing financial planning advice to fund members (for example contribution strategies, transition to retirement and retirement planning advice)
- Providing technical and investment advice to fund trustees (for example establishing the written investment strategy for the fund that is required by law)
See Also: Superannuation
Risk Insurance Management
At Henderson Ross & Co we are passionate about the need to protect what is most important to our clients, their income, their family & their business interests. We specialise in advising on, implementing and managing insurable risks. Our areas of expertise include:
- Life Insurance
- Total and Permanent Disability Insurance (TPD)
- Critical Illness Insurance
- Income Protection Insurance
- Business Expenses Insurance
Initial meetings are without cost to you and obligation free:
We are pleased to offer an initial appointment to assist you to analyse your situation to see what’s right for you.
Implementation:
Once a solution is decided upon we take you through the application process and liaise with underwriting to get you covered with the least amount of fuss.
Assistance in the event of a claim:
Our insurance team will be there to assist you in the event of a claim to ensure benefits are payable as soon as possible.
Note: To get an idea of premium costs we invite you to try our obligation free insurance quoting tool—found in our ‘Resources’ section of our website – within a few minutes you will have indicative costs from a wide variety of insurers for the cover and levels of benefit you select.
Investments
Investment advice includes:
- professional risk profiling to work out the most appropriate asset allocation for your portfolio;
- explaining investment risks and balancing the amount of risk that is appropriate in order to meet your goals;
- tailoring a diversified portfolio that is matched against the timeframe of your objectives.
We recommend a range of different products such as Wrap Accounts, Mastertrusts, Retail products and Portfolio Administration Services with underlying investments including:
- Direct Shares
- Managed Funds
- Exchange Traded Funds
- Term Deposits
- Annuities
Aged Care
Finding and moving into an Aged Care facility can be a confusing and stressful time. In most cases children are heavily involved in the decision and the process of moving a parent or parents into an Aged Care facility. Often there will be little time to prepare and you will be trying to find the best accommodation possible whilst also weighing up a number of difficult financial decisions.
There are several ways that we can help:
- our advisers can provide advice and financial projections comparing the effects of selling or retaining the principal residence on Aged Care fees, Centrelink benefits and overall cashflow;
- advisers can assist in setting up an investment strategy that is appropriate for your particular family circumstances, and is simple to understand and manage. There are strategies available that assist in making the most of any government entitlements.
We can refer you to an Aged Care Consultant who assists with recommending and sourcing placement options and managing the application process.
Estate Planning
Henderson Ross & Co can assist in your estate planning by ensuring any financial strategy we put in place for you takes into consideration your plans for your estate on death. Having an ongoing relationship with your financial planner also means we are there to assist your spouse or children at a difficult time.
We can assist business owners in developing succession plans that contemplate their premature death or disablement as well as providing a funding mechanism to ensure the plan can be achieved and that your family are financially comfortable.
We have a close relationship with specialist Estate Planning lawyers who are more than happy to meet you in our office. They can assist with drawing up Wills, Powers of Attorney and Guardianship documents. To make an appointment with the lawyer please call and speak to our team on (07) 3392 3676.
Retirement Planning
Moving towards the retirement phase of life can be both daunting and stressful. There is a lot of information 'out there' providing lots of opinion on the topic.
Henderson Ross can help you develop a strategy tailored to your specific cirrcumstances which works, this includes helping you settle on your decisions around timing, income needs, centrelink and so on.
We have hundreds of happy retiree clients who we have assisted prior and on into their eventual retirement.
Insurance Claims Advocacy
With decades of experience Henderson Ross are in an ideal position to advocate for you in the event of an insurance claim. We have successfully advocated on behalf of many clients in the past, resulting in millions of dollars in benefits being paid due to TPD, Trauma and income protection claims.
We have also liaised many life insurance claims, often times we have assisted executors to care for their responsibilities in such matters. More than just claims assistance Henderson Ross take it to the next level by assisting claimants and their loved ones to plan for their future using the benefits which they receive.
