Wealth Creation Brisbane
At Chris Humphrey Private Wealth Management we specialise in maximising client wealth in the Brisbane area and beyond. Good financial planning takes advantage of as many wealth creation strategies as possible, we like to use a wide range of strategies at our disposal to help our clients build wealth.
Common questions asked by new and existing clients include:
"What is wealth creation?"
"What is the best way to build wealth?"
Wealth is created when a person’s financial net worth increases (after adjusting for inflation) as a result of:
- Investment growth
- Investment gearing (negative and positive gearing)
- Salary packaging
- Spending less than you earn, including investment income
- Government grants, tax offsets and schemes (ie superannuation co-contribution, first home owners grant and savings scheme, etc).
Wealth creation is enhanced through tax planning, which can include:
- Debt reduction strategies
- Pre-retirement strategies
- Avoiding land tax where possible
- Structuring of business and investment assets - possible use of discretionary trusts and borrowing for property in superannuation.
Additionally, wealth creation can be assisted by:
- Spouse superannuation contribution splitting
- Reducing living expenses
- Reducing transaction costs.
Chris Humphrey Private Wealth Management is conveniently located on the outskirts of Brisbane's CBD.
" I have been very impressed with the service that Chris Humphrey has supplied. He was able to take my complicated tax and insurance situation and provide a clear and concise investment strategy. The personal service that Chris has given me has been greatly appreciated. "
Michael Oberhardt - Principal Geologist at Arrow Energy