Questions by Martin Hawes
Wondering what to do with that little nestegg?
There is over $100 billion in savings in New Zealand banks. While most of these are probably earning interest, some of them will not be. In any event, much of this money could be earning better returns than being stuck in a bank for years.
Bank deposits have their place: they are relatively safe and the returns that they give usually mean that after tax they maintain their real (after inflation) value. However, for most people they are not a long-term investment strategy and sooner or later you have to start to consider other options.
Comprehensive Wealth Plan
Our classic service, opted for by most people, gives you direction for your future and ensures that all aspects of your finances are on the right track . The main purpose is that you will have a clear path forward, a goal for the future and a plan for achieving that goal. This involves an initial meeting with Martin (likely to take 2-3 hours), a written plan and a further 3 months of follow up support to help clarify and implement your plan. This further help does not incur any additional charge and is usually done by way of meetings, or by phone or email. The initial meeting can be undertaken face to face by visiting Martin in Christchurch, or by using Skype or similar method of contact.
Price $4,300 +GST
This price includes:
- Your initial meeting
- A letter of advice to you
- 3 months of follow up support to help clarify and implement your plan
Here is how it works:
We will spend 2-3 hours looking at where you are at now, where you want to be at some point in the future and agreeing a plan to bridge the gap. As a part of this, Martin will consider and advise on all the main financial issues as appropriate: your goals, tax, investments, debt reduction, budgeting, insurances and wills.
Following this meeting, Martin will write a report which sets out the things discussed and actions you should take.
Martin will continue to be available for up to 3 months at no extra charge. This follow up support is offered to allow you to discuss any questions you have regarding your plan and ensure you have implemented the actions points that will have been recommended to you in your plan.
Other arrangements can be made to suit.
To book a personal appointment contact:
- Remuneration should be by a transparent fee, not a commission for sales.
- People should understand the advice they are being given and the reasons for it.
- The purpose of financial advice is to give people the lives that they want.
- An investment strategy should be customised to your particular situation and goals.