Young Professionals

Client: Young Professional

Objective: Tax effective structuring for high income earner, as well as investing surplus cash and ensuring the family is protected should anything happen

When a Young Person opens a business that grows quicker than expected, they can easily get caught up in their successes, instead of making smart financial decisions.

This particular client ran an extremely successful recruitment company. We saw the highest marginal tax rate being applied to a substantial salary and dividends.

Our client needed assistance with the most effective solution for the surplus cash as well as personal risk insurances to give them peace of mind of earning potential, should they not be able to work.

We came in and established an investment portfolio that utilized the most tax effective entity to ensure cash was working hard for the family. This meant establishing an appropriate structure and estate planning instruments to help minimise tax, including family trust and companies. We also introduced a self-managed super fund (SMSF), to give the client ultimate flexibility and control with respect to their investment choices. The insurance set up also gave them peace of mind as well as being paid for through the most tax effective outlet.

Services offered:

• Financial planning – investment and insurance planning
• Tax planning
• Structuring advice including SMSF
• Estate planning
• Please provide dot points

If you’re a Young Professional seeking financial security, speak to our team about how we can assist you on 1300 360 186.

This case study is not intended to imply advice to your own situation. Please speak to us to understand your financial needs, objectives and circumstances.