Wealth Creation Brisbane
At Humphrey Partners 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.
Humphrey Partners is conveniently located on the outskirts of Brisbane's CBD.
" Chris provided me with timely, extremely valuable, unbiased advice on a number of occasions. He is very skilled at understanding one's particular circumstances and tailoring the advice he gives accordingly. I have every confidence in his expertise and integrity and am happy that he is managing our financial affairs. "
Dr Penelope Brassey