Michael & Karen
Michael and Karen have been happily married for 21 years and they have two teenage children attending high school. Michael works as a Physiotherapist in his own clinic while Karen is the Principal at the local high school. They have been very career focused to this point and have accumulated a considerable amount of equity in their home.
The couple identified a few areas of their finances that they had questions about:
+ They have some spare cash flow each month that they are currently paying into their mortgage to reduce the balance. Could this money be better utilised in another strategy?
+ Their neighbours are using a strategy called ‘debt recycling’ to assist them to pay down their mortgage and build an investment portfolio at the same time. Michael in particular is interested to hear how this strategy might be applied to their own scenario.
+ The couple are currently invested in retail Superannuation Funds (BT and MLC), however are considering a SMSF to take control over the way their money is invested. They were curious about how the transition would work and what types of investments might best suit their needs.
Karen arranged an obligation free appointment with their Endorphin Wealth Management Wealth Advisor to discuss these questions. Their advisor spoke with the couple at length to get a firm understanding of their circumstances and their financial position. They completed a brief risk profile questionnaire to give an indication of their attitude towards risk and how this might affect any future investments.
The advisor was able to educate the couple about the ‘debt recycling’ strategy and the benefits that the strategy could provide to their family. It was particularly appealing as a tax effective method of investing to the couple due to the high tax rates the both were paying.
Michael and Karen were also informed about the benefits and risks involved in commencing a SMSF and agreed that it could provide them with some considerable advantages as they start to think about how their retirement might play out. The advisor was able to suggest a variety of investment platforms and holdings that would be suitable to their needs to achieve a more ‘hands on’ approach without the hassle of setting up a SMSF.
The couple were pleased that they took the time to assess their current situation and consider options for their finances moving through to the next phase of their lives. By enlisting the services of a wealth advisor, they knew that they could continue to focus on what was important to them in the knowledge that an expert was overseeing their finances and they knew they were making the most of the solid base that they had worked so hard to build over the years.
For more information on Tax Effective Investment strategies, click the link here.
For an obligation free conversation about your financial future, please contact us.
Andrew & Michelle
Andrew and Michelle are a couple with young children who have been living comfortably for a number of years now since the inheritance of a considerable amount of money from Andrew’s parents. Andrew continues to work and follow his own pursuits even though he doesn’t need the income to continue living the lifestyle that his family has become accustomed to.
The couple identified a few areas of their finances that they had questions about.
+ They own a beautiful large home in Melbourne’s inner east, a holiday house in Byron Bay and still have over $700,000 in funds to invest. How can this money be invested conservatively to protect their capital from another GFC, whilst still out-pacing inflation?
+ Andrew and Michelle had previously sought financial advice from a large bank and feel sceptical if the bank really did have their best interest at heart. What makes Endorphin Wealth Management different?
+ Andrew arranged an obligation free appointment with their Endorphin Wealth Management Wealth Advisor to discuss their questions. Their advisor spoke with the couple at length to get a firm understanding of their circumstances and their financial position.
The couple were comforted knowing that their advisor was already servicing clients that were in a fortunate position as themselves. The advisor spends a large amount of time each week researching trends in the market and identifying potential investments for his clients. They subscribe to a suite of independent research providers to ensure that their findings are always current and able to be cross-checked.
The advisor was able to recommend a myriad of possible defensive investments that were appropriate for the couple including Hybrids, Bonds and Defensive companies with a strong cash flow.
Andrew was also impressed to see that the team at Endorphin Wealth Management were privately owned. By not working under the umbrella of one of the large financial licensees, the couple could be sure that the advice they were receiving would truly be in their best interest.
The couple were so pleased that they took the time to assess their current situation and consider options for their finances. By enlisting the services of a wealth advisor from Endorphin Wealth Management, they knew that they could continue to focus on what was important to them in the knowledge that an expert was overseeing their finances.
For an obligation free conversation about your financial future, please contact us.
What our Clients Say
Robert Rich is a gun and has been a pleasure to work with, he spent a lot of time asking questions and listening to both my husband and I to get a deep understanding of our current financial situation of who we are and where we want to be. His advice has been comprehensive and easy to understand. The genuine interest and enthusiasm he has demonstrated has made the whole experience to date, fun and engaging (it has also been awesome to see some great financial results!). Rob is a great communicator and is always available to chat, meet up or respond to an email. We wish we had seen Rob earlier, and plan to have him as our advisor now and into the future, I have and will continue to recommend him and his services.
- Ellen Bond
Rob has been fantastic helping us set all our financials in order. We didn't want to have to worry about any of this stuff day to day. Rob put together a set and forget strategy that will see us in good shape for the future. Good guy, good advice, great help. Thanks again Rob
- Andy Wright
My husband and I had a wonderful experience with Rob. He is genuine and honest. He has done amazing things with our finances to ensure our future is set up the right way. He has gone above and beyond our expectations. I highly recommend Rob, he is an expert in his field.
- Anthea Husing
love working with Robert. He is highly skilled, practical and empathic. Nothing is a problem and he goes ‘above and beyond’. I have no hesitation in recommending Robert as an excellent financial advisor.
- Rebecca Carter
Robert has managed our finances over the last 12 months as if they were his own. He has an eye for detail and is incredibly enthusiastic. We have recommended him to all our friends & family.
- A. Miles
Rob has handled our finances for some time now. He provided us with sound advice and options. I highly recommend his services.
- Mathew Quinton
Robert Rich provided me excellent financial advice and assistance in finding the right insurance for me. He was incredibly patient, and I'd recommend him without hesitation.
- Edward Murrell
Rob has been helping me with my finances for just over 12 months now and i couldn't be happy, he is a wealth of knowledge and is amazing at what he does.
- Paul Scott Ray White
Phillip and the team provide quality advice. They carefully explain the available options and clearly set the client's interests as the priority.
- Jon Sutton
Rob has provided fantastic advise and clarity to myself and clients
- James Ruddick
Great guys! Amazing financial advice.
- Jay Boston
I cannot say enough about their professional manner and would highly recommend anyone I know to seek their services
- Heather B
Your knowledge of the financial market is up to date and your approach to my portfolio has been proactive
- Michael S
Thanks to Endorphin, I am now on the path to that dream of mine
- Jake F
The plan has definitely made a big difference to my lifestyle
- Josie W
It has been quite exciting and very comforting to have Endorphin looking after my financial future
- Susan A
They provided me with a sense of direction and security that I did not have previously
- Michelle C