What We Do
Imagine a world where you were completely informed and on top of your finances.
A world where you could account for your income; you were on top of your tax arrangements; and you were building a base of solid assets for your future.
It can be yours.
We work closely with you to develop a strategy for the effective management of your tax-planning and financial arrangements. A strategy that is totally focused and built toward your defined outcomes.
From that point everything that we do is laser-focused on the achievement of agreed, pre-planned outcomes.
Our detailed client management system asks: “What kind of investor are you?” The question explores the manner in which you would like your financial affairs managed and identifies what you want your financial world to look like.
Our aim is to achieve superior risk-adjusted returns for our clients within a structured portfolio of selected investments.
A strategy without execution is a daydream, and execution without a strategy is a nightmare. From personalised tax advice through effective debt structures and individual investment selection, your decisions will be managed within an ordered and documented environment.
Order brings clarity, and structure ensures accountability.
What We Believe In
Imagine a world where you captured the returns of the capital markets.
Asset Class Investing:
We build globally diversified portfolios, allocating your assets to pursue optimal investment returns while attempting to cushion the effects of volatility. We seek to achieve consistent, long term, risk-adjusted investment returns.
Dimensions of Return:
We agree with the academic research that has been conducted to identify the source of market returns. Years of research have identified the four major dimensions that drive market returns. These are: the market; size of the listed company; relative price, and profitability.
Avoid concentration-risk with your investments. Diversify risk by owning a range of non-correlated assets. That is, own assets that go up and down at different stages in the investment life-cycle.
Understand your investments. Maintain clear line-of-sight and a good understanding of where you are invested, and why you are invested.
Understand the distinction between lifestyle-assets and investment-assets. An investment-asset will generate passive income. A diversified equities portfolio of growth assets, or an investment property, is an investment-asset. A BMW is a lifestyle-asset!
What We Don’t Believe In
Imagine a world where the myths of investing were removed and your investments were clear and visible.
Traditional portfolio investment involves managers try to out-guess or out-perform the market. The capital markets very rarely give a return to an investor following a ‘tip’. Markets operate with a high level of price-efficiency. You don’t get around market efficiency by listening to insights at barbecues or by watching Bloomberg!
There are no returns from ‘special knowledge’. Successful investing shouldn’t involve predictions; investors are better served by accepting that prices are fair. Under this approach diversification is embraced as a way of reducing portfolio risk.
Academic research suggests that behaving as a true investor gives you a better chance of having a successful investing experience. With speculating you might succeed, but because of the effects of chance in speculating you might also not succeed!
Popular culture is full of stories of investors that bought an investment at 90 cents and watched it soar to $90 dollars. The truth is that this happens so incredibly rarely on a single share, a single region or a single asset.
Loading up on any one asset is just one step away from gambling; it might not look like a casino but the action is full of hope and speculation.
YOUR JOURNEY TO FINANCIAL INDEPENDENCE STARTS HERE
Key Service Offerings
A leading-edge advisory service
Our advice processes have a profound and positive impact in the improvement of our clients’ financial arrangements.
That’s our mission; that’s our record.
There are 168 hours in the week. Your quality of life will be fundamentally determined by the decisions that you make regarding how you spend your time.
Our advisory process will enable you to simplify your financial affairs; consolidate your financial information; coordinate your financial world; and keep you accountable for the commitments that you make.
A detailed summary of your income and expenditure
All Locumsgroup clients commence the process of taking control of their financial arrangements by completing a personal budget. From that point, you will have a clear picture of your cash-flow profile.
This will enable you to immediately begin to take control of your financial life.
We recognise that your situation is unique
You have certain priorities that are important to you that require focus. We will work with you to identify, prioritise and evaluate your key objectives and then work with you toward the achievement of these goals.
All achieved within a framework with high visibility.
We offer an initial complimentary meeting to review your needs, identify your goals and your values, and discuss your situation.
More on What We Do
If you can’t measure it you can’t manage it!
Having your financial affairs in order is a key factor in managing your financial arrangements.
For most of us, tax is our biggest expense. We work closely with you to ensure that your arrangements are managed in the most tax-efficient way possible. Our Accountants assist with the design of effective ownership-structures for assets and enterprises. They work closely with our Financial Advisers by focusing on the taxation implications of key decisions for our clients.
We provide professional taxation and accounting services to our clients. We provide expert advice on:
- Annual income taxation compliance
- Business structuring including new entity registration
- Financial reporting
- GST management including BAS preparation
- Capital Gains Tax management
- State Tax management including Land Tax
- The preparation and lodgment of Income Tax Returns, Fringe benefits Tax returns, and GST returns
Timely taxation management combined with efficient, effective reporting makes the management of your financial arrangements a more effective and less stressful process. As a result, you will always be well informed regarding precise taxation consequences in the development of your wealth creation strategy.
Corporate structuring, involving the design of appropriate structures for the ownership of assets can provide maximum tax efficiency and asset protection. These ownership structures are developed though the combined efforts of your Financial Adviser, our Accounting Division, and external legal advice.
We specialise in taxation and accounting services. We can help you to manage and resolve these important issues.
Tax Advice & Tax Planning.
This is one of the most complex areas of law and affects everybody. Complying with legislative requirements can be arduous and distracting. The constantly changing taxation environment can also be hazardous. However change brings about opportunity and expert advice will ensure you obtain maximum advantage at all times.
Asset Protection Strategies.
This is an increasingly important part of the tax planning and financial mangement process. Use of limited liablity companies and a clear understanding of the implications of a subsiduary relationship and the attendant responsibilities will enable you to fully understand the potential vulnerabilities. Our senior staff are very knowledgeable on this key aspect of your arrangements and can advise on various strategies to ensure protection.
General Security Arrangements ('GSA') for proprietors loans.
These were historically called fixed and floating charges and should be used by you to secure any loans that you make to a company that you are an owner or shareholder of. This is often overlooked by principals of private companies and the result is your loan remains unsecured.
CGT advice for sale of businesses.
Australia has had a comprehensive Capital Gains Tax (CGT) regime since 20 September 1985. It is extremely important to obtain advice on any tax implications before you dispose of shares or units in a company or trust or a property before the sale event occurs to ensure maximum tax efficiency.
We recognise that the key to money is understanding not what it can buy, but what it can do.
The key outcome of that understanding is the achievement of financial independence.
Our specialist staff work with you to ensure that your financial objectives are identified, are clarified and ultimately, are achieved. This occurs in a timely and efficient manner.
We apply rigorous discipline, Nobel Prize winning research, and over 50 years of capital markets knowledge to the construction of our clients’ portfolios.
Identifying and using these factors does not require us to pick winners, time markets, or increase risk in a clients’ overall portfolio. Our methodolgy, under-pinned by rigourous academic research, enables portfiolios to be engineered to give certainty of outcome.
We believe that through our diverse access to a range of strategies and best-of-breed investment solutions we can accommodate our clients’ risk and return needs.
Financial independence is the outcome of a process, and ours is a focused, systemised approach that concentrates on balance; on growth; and on asset protection. Our financial advice service delivers an effective infrastructure within which to achieve your financial objectives.
We leverage our experience and aim to achieve superior risk-adjusted returns for our clients using equity, fixed interest, cash, multi sector, and quantitative investment products.
Financial advice includes the input of our accounting division to evaluate the tax implications of every investment strategy.
To achieve these outcomes we build upon a legacy of insight in our firm that goes back over sixty years.
Your arrangements are managed within a framework that is designed to provide maximum tax efficiency. Our team provides leading-edge taxation advice enabling you to manage your affairs.
We can manage your accounting requirements, ranging from annual income tax returns and BAS invoices, through to sophisticated budgeting and financial modelling. Efficient, accurate and up to date.
Access to wisdom born of experience enables you to avoid the mistakes of others that have gone before you. Technical advice has as much a role to play as experienced-based advice such as don’t follow the herd, and hasten slowly!
Assets that have taken years to accumulate can be placed under threat if correct advance planning is not considered. Owners’ loans to private companies should be protected to the benefit of the owner, and any exposure that you may have as a director should also be considered.
Wills and Estate Planning
The three key areas for you to consider are: make your arrangements easy to administer; develop a plan that will lower the taxes payable on your estate; and work out how to leave your estate so that it can be put to the best use by your heirs.
the protection of your financial well-being, and the protection of your dependents, can be achieved with a considered and well planned risk management strategy. Properly planned and executed using a range of insurance products that consider both your needs and key tax consequences will serve as a keystone to your overall financial arrangements.
Your debt-structure is a defining issue in the management of your affairs. The separation of loans into individual, clearly identified sub-loans makes the management of your borrowings tax-efficient and easier to manage.
Your business structure and the flow of revenue from operations should be reviewed to ensure you are operating for maximum efficiency. Asset disposal and acquisition should occur with appropriate advice and guidance. Prevention, when it comes to tax-planning, is always less costly than the cure!
Your mortgage is a key part of your overall financial strategy.
We are experts at structuring and packaging your borrowing-structure to get the most efficient outcome to suit your situation.
We ensure that the progress from loan submission to loan settlement is efficient and seamless. We have specialist knowledge in residential home loans and the multitude of lender offerings; not only do we find the most suitable loan for you, we ensure that approval and settlement happen quickly.
Borrowings are a vital aspect of your financial arrangements. Correctly structured borrowings can accelerate the wealth creation process. Inappropriately structured, borrowings can be a prohibitive drain on cash-flow and an expensive waste of opportunity.
Whatever the circumstances, we are there to service our clients’ changing needs in a rapidly changing world, always there to provide solutions.
Working with our accounting division and our financial advisers we can work with your loan to identify, separate and eliminate your non tax-deductible borrowings to increase your equity and reduce your tax liabilities.
Our loan products are designed to be:
Innovative and highly competitive.
Our seven steps to mortgage finance will enable your mortgage application to proceed seamlessly to settlement with clear and ongoing communication at each step.
Ability to deal with a range of lenders.
We have established arrangements with the major banks, regional banks and with non-bank lenders. This enables us to identify the lender that is most suitable for you and not the other way around.
Flexible and complementary.
Your borrowing structure is not established using a one-size-fits-all solution. Your requirements are unique and therefore the loan products should be presented in a manner that meets your requirements. We will work with you to identify the best lenders for your situation.
Able to identify and separate non tax deductible loans from loans that are eligible for tax deductions.
The ability to identify and separate the different types of debt will enable you to prioritise your repayment schedule to eliminate debt which costs you the most first. Ask your mortgage manager for advice on this key aspect of your finances.
We believe properly selected, correctly researched direct property should feature in our clients’ investment portfolios.
Direct property will reduce volatility in your investment portfolio and provide a trifecta of benefits:
- a good yield
- valuable taxation benefits.
Direct property is a store-of-wealth asset. It is less likely to demonstrate the level of volatility that is seen in the equities market (particularly in the last seven years!).
Direct property, acquired using a structured research process, will assist you in building a pool of income-producing assets to achieve financial indpendence.
We focus on research, where individual property investors often focus on emotion.
The macro-economic drivers that will ultimately determine the success of a direct property investment include:
- Economics and employment
- Population growth and demographics
- Infra-structure spending
- Supply and demand
- Household incomes
The micro-economic drivers that will ultimately determine the success of a property investment include:
- rental income
Your individual property selection should only be made after these indicators have been considered and the selected asset satisfies these key tests.