No matter what stage of life you’re in, the Certified Financial Planners® at Precision Wealth Management in Brisbane can offer financial advice which is tailored to you.
Our highly-skilled team is located at North Lakes but has clients from all around Brisbane and surrounding suburbs.
We can help with:
- Personal Insurance
- Investment Strategies
- Retirement Planning
- Cash Flow Management and Budgeting
- Debt Reduction
- Aged Care Advice
In this article, we discuss the strategies we’ve used to help one client power towards financial independence and potentially an early retirement.
DISCLAIMER – The information provided in this blog is general and does not consider your individual financial needs or objectives. It does not constitute personal advice. We recommend seeking out professional and independent financial, legal and tax advice which has been designed for your individual situation before acting on any information contained below.
Financial Advice for Brisbane Resident
One of our longstanding clients first sought our advice shortly after the Global Financial Crisis hit.
At that time, he was in his late 20s and was just beginning his wealth creation journey as he’d been studying a great deal and hadn’t been in the workforce long. However, he did have a solid surplus cash flow.
This client wanted overall financial advice, to help him through the GFC and ensure regular investments were made.
- Improved investments by sourcing lower cost products (they were in the older style commission paying products which had high fees).
- Tried to maximise regular investments while markets were down. This involved using a margin loan for additional borrowings to ensure maximum borrowing was at a safe level.
- Made some slight changes to his insurances as he did have some in place but they hadn’t been reviewed for a while.
The above suggestions were made to maximise this client’s wealth creation, ensure he had appropriate insurance protection and a modest investment loan.
Personal Financial Advisor
This Brisbane resident is now in his early 40s and he’s been a client of ours for more than 13 years.
We’ve been through many significant life events with him, from starting his own business with reduced cash flow, and a number of market downturns of at least 20%.
Over the years we’ve maintained a sensible investment strategy and we are very proud to watch his wealth grow significantly and see him get closer to financial independence.
And even though he started his wealth creation journey a bit later due to the study he completed, it’s very satisfying to see him on track to an early retirement (if he wants it).
Investment Advice Brisbane
At Precision Wealth Management, we use an evidence-based approach to tailor a diverse investment portfolio to suit each individual or couple.
When it comes to creating a successful investment portfolio, we believe there are four (4) key factors.
- Spend less than you earn
- Invest the difference
- Keep costs and taxes low (where possible)
- Remain disciplined
Precision Wealth Management is a local, privately-owned financial planning firm based on Brisbane’s northside.
Our certified advisors work with each individual client to determine the best wealth creation strategy based on their unique situation.
We strive to stay at the forefront of the industry, and our investment approach is based on decades of research.
Financial Planner Brisbane
Our services include Superannuation Advice And Planning, personal Insurance Advice, Budgeting And Cashflow Management, Investment Strategy And Advice, Aged Care Financial Advice, Retirement Planning Advice, and Debt Reduction Financial Planning.
At Precision Wealth Management, we offer flat fee pricing which is determined on the complexity of the work – not the value of your investments.