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.
"Chris and his team at CH Wealth Management have been excellent to deal with for financial planning, estate planning and insurance. I know Chris will look after me and recommend the best direction for our business and for me personally. "
Stu Richardson - Telstra Store Toowong Licensee