Wealth Collective | December 2023

WEALTH COLLECTIVE MAGAZINE

THE

WEALTH

COLLECTIVE

Wealth Collective

www.clime.com.au @clime.australia

DECEMBER 2023

September 2023 In this edition: •

Letter from our CEO

•

How will AI impact you?

•

Meet our service provider Quilla

This information constitutes general financial product advice. The advice has been prepared without taking into account your objectives, financial situation or needs. You should, before acting on the advice, consider the appropriateness of the advice having regard to your objectives, financial situation and needs. Before making a decision about whether to acquire a financial product, you should obtain and consider the Product Disclosure Statement (or other disclosure document). We encourage you to obtain professional advice before deciding to invest in a financial product. © Clime Investment Management Limited

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Contents 04

Letter from our CEO by Annick Donat, Chief Executive Officer at Clime Investment Management

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New Year’s Resolutions guide

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Letter from our CIO by Will Riggall, Chief Investment Officer

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Our services

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Understanding Aged Care in Australia by Anna Garuccio

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Will Riggall’s Christmas gingerbread cookies recipe

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Enhancing wealth management for high-net-worth investors

by Rebecca Wokes

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Wealth transfer - Above ground or below by Sean Cummins

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Private Wealth team spotlight

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Our people

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Contact us

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About the contributors

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Letter from our CEO Annick Donat

In this edition, we will delve into the market and insights from Will Riggall, Chief Investment Officer (CIO). John Abernethy and Will are currently visiting most states before the year end to catch up with you at our upcoming Investor Briefings. We will schedule additional briefings in the New Year for the states and regions we miss. John and Will’s presentations cover both macroeconomic and portfolio views as to how we view global and local investment markets. No doubt you have seen the headlines about the current rising interest rates (the markets expect one more) and inflationary environment. We remain positive about Australia and our investment team are actively monitoring portfolios, seeking out opportunities to invest in sectors where markets are rational.

Following on from your feedback, we’ve including an article on Aged Care written by Anna Garuccio, one of our incredibly experienced advisers. Anna addresses the key considerations, challenges, and strategies for managing financial aspects related to aging.

Transitioning to Aged Care facilities or services can be daunting. Often adult children are making these decisions for their parents in highly stressful times.

Being informed early (& prior to needing this service) makes a significant difference to how decisions are made. We have seen the emotional and financial challenges which can happen when decisions are made in a tight timeframe. By understanding the nuances of Aged Care planning, you (or your family members) can make informed decisions that not only safeguard your financial wellbeing but also ensure a comfortable and secure future.

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Educating to inform As Will Riggall often says when he is presenting to clients, ”we don’t just want you to be invested, we want you to be informed”.

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We don’t just want you to be invested, we want you to be informed.

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elcome to our December edition of The Wealth Collective. We hope you enjoyed the articles and information shared in our September issue. Thank you to the clients who provided feedback and ideas about topics and articles you would like to read. The more we understand what’s important to you, the better we can tailor the articles to support your needs.

Our foundation was built on educating self-directed clients such as yourselves to help you make informed decisions about investing. I love listening to the questions and insights which come from our clients when attending an investor briefing. It is great to see people willing to ask questions, share their knowledge and openly debate the issues of the day.

We have multiple ways you can access information and education. If you miss a briefing or roundtable session, you will find our insights and opinions in the ‘resource hub’ on our website. Every day we issue ‘Quick Bites’ which are short, sharp and informative articles on what’s currently happening in the market. Every week we produce a video called ‘The View’, which is an interview with John, Will or another member of our investment team discussing the latest market themes. John’s ‘Letter to Investors’ has just been published. A copy is being made available at our roadshows. If you missed out on the Letter to Investors and would like to receive our weekly emails, please feel to download a copy and sign up here.

I trust you will discover valuable insights, knowledge, and a strengthened connection to our Private Wealth community. We consider ourselves not merely your financial advisers but dedicated partners in the pursuit of your wealth creation and preservation goals. Thank you for entrusting us with the management of your financial future. We look forward to providing you with the utmost in professional guidance and support.

Spotlight on our people and business partners In each edition of The Wealth Collective, we will introduce you to your Private Wealth team and where relevant, our business partners. We hope you enjoy getting to know a little bit more about Sean Cummins, Anna Garuccio and Pauline Hammer. Sean, Anna and Pauline are based in our Melbourne office, and have extensive expertise in SMSF as well as other aspects of advice.

We have recently partnered with Netwealth to provide a better administrative and reporting experience for you. Netwealth is a leading platform designed to assist advisers and clients manage their investment portfolios and other assets (such as property). The team at Netwealth are professional, responsive, and passionate about what they do. We asked Rebecca Wokes, National Key Account Manager to provide some background and information about Netwealth and how they are supporting our Private Wealth team to manage your portfolios. I recently spoke to one of our clients who was impressed by the level of reporting available across all his portfolios. If you are one of our clients transitioning to this service, I am interested to hear about your experience.

We appreciate hearing from you Your feedback is important to us. One of our core values is progress and we are dedicated to continuously improving our services based on the experiences and suggestions of our clients.

This year has been one of significant change both globally and locally. We are ending the year with two wars, with no end in sight. The longer-term impact of these wars to society and humankind is unknown and uncertain. Closer to home, we are facing high interest rates and growing inflation. Asking questions of us about any concerns is one way we can assist with your financial wellbeing. We will continue to provide education and information about your portfolios and the macroeconomic landscape. But as we all know, that is just one component of life. Staying healthy, being close to those you care for (and who care for you) shadows all else. We hope during this festive season, you have the chance to be with loved ones and can take a moment to celebrate the things that are important to you and your family.

On behalf of the team at Clime, thank you for the trust you continue to place in us. We understand you have a choice on who you entrust with your investments, and we appreciate that you choose to work with us.

Our best wishes for a relaxing and enjoyable break. If you have planned a holiday – travel safe and we hope your time away is wonderful.

Sincerely, Annick

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New Year’s Resolutions Guide The New Year is fast approaching, which means everyone is rushed to prepare their New Year’s resolutions.

This guide is designed to help you to focus on your personal wellbeing, fulfillment and lifestyle.

Resolution 1: Define your passions and goals

Resolution 5: Give back to Your community

Discover or rediscover your passions and set personal goals for the year. Whether it’s travel, learning, hobbies, or a new adventure, have a clear vision of what you want to achieve. Write down your goals to help keep you accountable and store it somewhere safe where you won’t forget when you want to review it at the end of the year.

Get involved in your community by volunteering, mentoring, or contributing to local causes.

Your experience and wisdom can have a positive impact on others.

Resolution 2: Explore new hobbies and interests Expand your interests and try new things. Pick up a new hobby, learn a musical instrument, explore art, or engage in any activity that piques your interest.

Resolution 3: Prioritise health and wellness Invest in your health by focusing on regular exercise, a balanced diet, and stress management.

Consider scheduling regular check-ups and taking proactive steps to maintain your wellbeing.

Resolution 4: Cultivate social connections Nurture your relationships with family and friends.

Create opportunities to connect, whether it’s through regular gatherings, travel, or taking up group activities and clubs.

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Resolution 6: Travel and explore Explore new destinations and cultures. Travel can be a source of adventure and learning, allowing you to broaden your horizons and create cherished memories.

Resolution 7: Stay mentally active Challenge your mind through ongoing learning and intellectual pursuits. Engage in book clubs, take courses, or solve puzzles to keep your brain active and alert.

Resolution 8: Practice gratitude Cultivate a grateful mindset by regularly reflecting on the positive aspects of your life. Gratitude can bring joy and contentment, making each day more fulfilling.

Letter from our Chief Investment Officer Will Riggall This Christmas perhaps the best gifts might come in small packages.

As 2023 draws to a close you can almost hear the

market breathe a collective sigh of relief. Unlike prior years where a few key events drove market sentiment including the COVID decline and recovery, followed by the inflation surge and fears of recession, 2023’s drivers changed by the day.

The bond market tells the story with surges in yields, followed by sell-offs and repeated again, driving periods of risk on and risk off sentiment. However, post a very weak September and October, resilient economic growth, and a reduction in geopolitical risk in the Middle East finally it appears that the inflation genie has been put back in the bottle. Those that read this newsletter may not believe in Santa, but he has delivered an early Christmas gift with our domestic market surging by over 5% and the S&P500 rising almost 9%. As I have met with clients this year, I have shown a chart of market returns into and post the final rate rise of a cycle. Leading into the end of a rate hiking cycle where the market seeks direction from macro-economic indicators and we see volatility, the period post markets settle and on average we enter a period of strong returns.

This week our Chairman John Abernethy and I will meet with our Melbourne based clients after presentations in Perth, Brisbane, Gold Coast and Sydney. Our view is that 2024 has every potential to be a positive year for asset returns. With all indicators showing that inflation has peaked, the Fed is forecast to enter a rate cutting cycle mid next year, economic growth is slowing but remains solid and credit markets remain open for business. For risk assets including equities this environment should be supportive for stability, increasing P/E multiples and a gradual increase in corporate earnings.

For bond markets the material capital losses seen in the last 3 years look to be in the rear-view mirror and after a tumultuous period a balance portfolio of equities and fixed interest securities look set to deliver positive returns.

The share market rally in November provided a welcome relief for small cap companies with the ASX Small Ordinaries index increasing 6.92%. We believe the time is right to start allocating back to this area of the market with lower rates and solid corporate earnings setting a backdrop for small caps to shine again. We are not alone in this view with several large institutions starting to allocate back to the space. For clients who are invested in the Clime Small Companies Fund they will have benefited from the surge in November. Pleasingly, the efforts undertaken by the investment team to return to Clime’s heritage of value and quality has delivered strong active returns over the last year.

Before I sign off for the year, I want to wish all those within the Clime community a safe and happy festive season. My wife and I will be hosting family Christmas at our house this year, and while I will entrust the glazing of the ham to others, I will again be making a large batch of gingerbread cookies. The key to the icing is the squeeze of lemon juice!

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Understanding Aged Care in Australia

Understanding Aged Care in Australia

by Anna Garuccio, Private Wealth Adviser The prospect of needing aged care services in Australia becomes a topic of increasing importance.

Aged care involves a mix of healthcare, accommodation, and lifestyle considerations. The system is intricate and can be challenging to navigate without expert guidance.

Australia offers a comprehensive aged care system that consists of three main components: Home Care: Many older Australians prefer to age in the comfort of their own homes. Home care services provide support for daily tasks like cleaning, meal preparation, and personal care. These services are tailored to the individual’s needs and can be a cost-effective option compared to residential care.

Residential Aged Care: For those who require a higher level of care or can no longer live independently at home, residential aged care facilities are available.

These facilities provide round-the-clock support, including accommodation, meals, and access to healthcare professionals.

Respite Care: Respite care offers temporary relief for family caregivers, allowing them to take a break while their loved ones receive care in a residential facility or at home.

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There are many misconceptions surrounding aged care, such as eligibility criteria, costs, and the impact on assets. In this article, we will explore the aged care landscape in Australia, with a particular focus on financial considerations.

Financial Aspects of Aged Care When planning for aged care, it is crucial to consider the financial implications. Here are some key points to keep in mind: • Means-Tested Fees: The Australian Government conducts means-testing to determine an individual’s financial eligibility for government-subsidized aged care services. The assessment considers assets, income, and other factors. Depending on the outcome, you may be required to pay a means-tested care fee.

• Accommodation Payments: If you opt for residential aged care, you may be asked to make an accommodation payment. This payment can be made in three ways: as a lump-sum Refundable Accommodation Deposit (RAD), a Daily Accommodation Payment (DAP), or a combination of both. The choice depends on your financial situation and preferences.

• Age Pension and Other Benefits: Understanding how your aged care decisions may impact your eligibility for the Age Pension and other government benefits is vital. Seek advice from a financial adviser to ensure you make informed choices.

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Estate Planning: Aged care decisions can have implications for your estate and inheritance plans. It is essential to collaborate with a financial adviser who can help you navigate estate planning in conjunction with your aged care arrangements.

Taxation Considerations: Aged care expenses may have tax implications, and it is important to be aware of potential tax deductions and credits that can help mitigate the financial burden.

Financial Assistance and Planning: To make the best decisions for your financial well-being, consult with a financial adviser who specializes in aged care. They can provide guidance on how to structure your assets and investments to optimize your financial situation while accessing the care you need.

Planning for the Future Planning for aged care can be emotionally challenging for individuals and their families. Aged care specialists not only provide financial guidance and dispel myths and misconceptions but also offer emotional support during this transitional period.

As a seasoned financial adviser specialising in aged care planning, I am enthusiastic about helping individuals and families navigate the complexities of this critical life stage. With over 25 years’ experience in the financial industry, I have witnessed firsthand the impact that well-informed decisions can have on the well-being and financial security of those entering the aged care phase.

My commitment is to provide personalised and accurate guidance, dispelling common misconceptions and empowering individuals to make informed choices. I understand that the journey into aged care involves both financial and emotional considerations, and my goal is to offer comprehensive support every step of the way.

If you have further questions, concerns, or if you would like to discuss your specific situation, please feel free to reach out. I am here to assist you in crafting a tailored solution that ensures your comfort, security, and peace of mind as you or your loved one transition into this next chapter of life.

Professional Guidance from a qualified financial adviser with expertise in aged care finances can provide you with a clear understanding of your financial situation, including assets, income, and potential government benefits.

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Will Riggall’s

Gingerbread cookies Ingredients Gingerbread • • • • • • •

210 g butter, at room temperature 220 g (1 cup firmly packed) brown sugar 180 g (¾ cup) golden syrup 1 egg, lightly beaten Pinch ground allspice ¼ tsp white pepper ¼ tsp ground cloves

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¼ tsp ground nutmeg ½ tsp ground cinnamon 2 tsp ground ginger ½ tsp flaked salt 2 tsp bi-carb soda 550 g (2 ⅔ cups) plain flour Extra flour, for dusting

Royal icing • 1 egg white • 240 g (1 ½ cups) icing sugar, sifted • ½ lemon, juiced • Food colouring of your choice, if desired.

Method For the cookie dough: 1. In a bowl of a freestanding mixer with paddle attachment, beat butter, brown sugar and golden syrup until mixture lightens and is pale and fluffy.

2. Add the egg and spices to the butter mixture and beat for 1 minute.

3. Add the salt, bi-carb soda and flour and mix on low speed to distribute ingredients evenly, do not over beat.

4. Press the dough together to form a flat disk and wrap with cling wrap. Refrigerate for 30 minutes.

5. Remove the dough from the refrigerator and place onto a floured surface. Roll the gingerbread out evenly to 1-1 ½ cm thick.

6. Cut into shapes and place them onto baking trays lined with baking paper.

7. Preheat the oven on fan forced at 180°C. 8. Place into the oven and bake for 12 minutes, or until just golden brown.

9. Remove from the oven and place onto a cooling rack until completely cooled.

10. Decorate the cookies with royal icing. This recipe is great for making gingerbread houses too!

For the royal icing:

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1. Whisk the egg white to soft peaks.

2. Spoon the icing sugar into the egg white until thick.

3. Add a squeeze of lemon juice and mix for a further minute.

4. Add food colouring of your choice.

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Enhancing wealth management for high-net-worth investors with Netwealth

Enhancing wealth management for h

by Rebecca Wokes, National Key Account Manager from Netwealth

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n today’s dynamic financial landscape, catering to the unique needs of High-Net-Worth (HNW) investors requires a comprehensive and tailored approach.

Netwealth, an innovative wealth management platform, offers a range of solutions designed to empower investors and their financial advisers to see wealth differently. In this article, we explore how Netwealth can assist you.

Unlock international alternatives with iCapital Netwealth’s partnership with iCapital unlocks access to international domicile funds, private markets, hedge funds, and more.

Access to fixed income options

Netwealth recognises the importance of fixed income options in a well-balanced portfolio, and has an expanded range of fixed income options that include a range of Term In today’s environment, investors are using a growing Deposits, Challenger Fixed Term Annuities, and small parcel range of investment options, such as private equity and bonds. bonds to construct and their portfolios so they align Exploring responsible investment options with their financial goals and risk tolerances.

A world of investment options

With Netwealth, we provide you a range of options and services to make this a reality - from ASX and international securities, investment-grade bonds, wholesale IM funds, and private markets. Let’s explore these in some more detail.

A premium service for exclusive investment options With Wealth Accelerator MAPS, you and your adviser can access local and international bonds, Wholesale Investment Manager (IM) funds, and foreign currency trading. Further, with our partnership with IAM, you can now access small parcel bonds in parcel sizes as small as $50,000.

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As environmental, social, and governance (ESG) considerations become increasingly important for HNW investors, Netwealth has made available Morningstar Sustainability Ratings and Low Carbon Designation to help you and your adviser understand a managed funds sustainability credentials.

high-net-worth investors

A world of client engagement

A world of insights

In today’s digital age, you expect online access to your financial information anywhere. Netwealth offers a feature-rich online client portal and a mobile app that allows you to gain a comprehensive view of your financial wealth. You can:

With Netwealth we provide you a world of insight which helps you be the first to spot the changes that matter in our noisy world with our daily finance newsletter and Portfolio Construction podcast.

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Keep track of your Netwealth Super and Wealth Accelerator accounts and assets on the go.

Utilise chart visualisations to track changes in account balances over time.

Track and monitor external bank accounts from over 200 financial institutions.

Add residential and investment properties to view estimated property value, imagery, median price, and rental yield.

Stay informed about market news with the Morning Business Roundup, a daily curated news feed delivering the latest market and company news.

In this podcast series, Paul O’Connor, Netwealth’s Head of Investment Management & Research, picks the brains of key wealth management professionals to uncover unique insights on the investment areas they are most passionate about.

A world of opportunity awaits you with Netwealth Wealth is more than just money. It’s about opportunity and progress. At Netwealth we see investments, technology and data as the key to a world of investment, choice, relationships and discovery.

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Macroeconomic Update

Wealth Transfer – Above Ground or Below

by Sean Cummins, Private Wealth Adviser As you enter retirement and are confident that you have Lump Sum Gifting (on your terms):

amassed sufficient resources to maintain your chosen lifestyle, your next consideration may be, “What’s next?”

The question of how and when your adult children will inherit your assets often occupies the thoughts of many individuals. Surprisingly, 95% of High Net Worth investors express their intent to leave an inheritance, but only 25% have taken the initial steps in this direction.

In the realm of wealth transfer, there are generally four main options to consider, each with its own unique advantages and considerations. Let’s delve into each of these options: Lump Sum Gifting (on their terms): I’ve often likened the act of erasing mortgage debt to “purchasing time and opportunity with your wealth.”

The pervasive issue of high mortgage debt in Australia is well-documented. Providing a lump sum to pay off your child’s mortgage can help them secure time and options. However, the key concern here for you, as the benefactor, is ensuring the funds are used as intended. If, for instance, your child decides to purchase a new BMW just a couple of months after your generous gift, it may leave you feeling less than pleased. Nevertheless, this strategy can be highly effective, although it might not be suitable for every child. In the interest of maintaining equity and consistency among your beneficiaries, let’s explore alternative methods that can be implemented independently or in combination.

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Grandparents often contribute to their grandchildren’s education expenses, but another method of intergenerational wealth transfer is to provide lump sums specifically designated for contributions to superannuation. Individuals can make post-tax nonconcessional contributions of up to $110,000 annually or pool three years’ worth for a $330,000 non-concessional contribution directly into superannuation. It’s important for the recipient to be invested in this strategy, as it discourages frivolous spending and facilitates the power of compounding returns within a tax-efficient environment. However, it does mean that your children will have restricted access to these funds until their retirement, which exposes them to potential changes in superannuation tax regulations, such as the proposed taxation of unrealised assets within superannuation accounts.

Setting a Liquid Asset Floor: An approach I’ve employed in the past is to establish a “liquid asset floor.” This involves assessing your investible asset base, excluding your primary residence and any nonincome-generating assets, to first meet your own financial needs. Any returns generated beyond this floor can be distributed on an annual basis. The distribution amounts can fluctuate depending on the performance of your investments, making everyone involved stakeholders in the outcome. For example, if your liquid asset floor is set at $2 million and you generate a 10% return, you would have $200,000 available for distribution.

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“Succession planning is a delicate and complex process.

It can be intimidating, easily postponed, and is far from a one-size-fits-all endeavour. ”

The use of the gifted amount can be tailored to the recipient’s specific needs and can evolve with each distribution. This method effectively allows for family asset management without the necessity of a family trust and can be adjusted to suit your evolving requirements.

Leaving it to the Will: Another consideration is to leave your assets to your estate, a combination of your will and/or designated superannuation beneficiaries. This approach may hold merit, depending on the scale of your asset base.

However, it is essential to recognise that your parting gift extends beyond the assets themselves - it also includes the ability to effectively manage those assets.

In such cases, a detailed plan is needed, outlining when, how much, and in what tax entity the assets should be transferred.

Succession planning is a delicate and complex process.

It can be intimidating, easily postponed, and is far from a one-size-fits-all endeavour. However, it is also a critical component of your financial strategy. There are many pitfalls to avoid when planning your wealth transfer, including rushing into discussions about legal structures and financial matters too hastily. While these aspects are essential, they should emerge as the outcome of a broader conversation about your desired legacy for your children, rather than being the starting point. Succession planning demands thoughtful consideration and time. It’s often best served through a combination of the options outlined above. The initial step is engaging in a meaningful conversation.

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Private Wealth Team Spotlight What makes you passionate about providing financial advice?

The sense of comfort clients derive from knowing they have a safe pair of hands assisting them.

What I am looking forward to the most this holiday season is...

Sean Cummins Private Wealth Adviser

Spending time with my kids in Bright!

What makes you passionate about providing financial advice?

I have a deep innate passion to serve, develop and navigate the client’s financial journey. It gives me pleasure knowing my clients and their family trust me to provide continuing guidance to achieve their goals.

What I am looking forward to the most this holiday season is...

Pauline Hammer

Private Wealth Adviser

To unwind, relax and have a break! This holiday season will be a special one.I am looking forward to enjoying time with family and friends visiting from interstate and overseas. The BBQ and pool will get a good workout!

What makes you passionate about providing financial advice?

My passion for providing financial advice is twofold. The service it extends to the community, enabling individuals and families to navigate complex financial landscapes with confidence, and the intrinsic reward that lies in the trust bestowed upon me by the people I assist.

Anna Garuccio

Private Wealth Adviser

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What I am looking forward to the most this holiday season is...

Preparing for the visit of my son, daughter in law and two beautiful grandchildren all the way from France. I am looking forward to the entire family being together, celebrating the holiday season and my oldest child’s 40th birthday.

Our people

Anna Garuccio

David Novotny

Garth Curry

Matt Rencken

Pauline Hammer

Sean Cummins

Stephen Wilson

Amanda Brain

Dallas Sinclair

Harley McDermott

Catherine Schonfeldt

Jo Shi

Tara Abeywickrama

Private Wealth Adviser E: anna@mtis.com.au

Private Wealth Adviser - VIC/ WA/TAS E: scummins@clime.com.au

Private Wealth Adviser E: david@mtis.com.au

Private Wealth Adviser NSW E: swilson@clime.com.au

Wealth Solutions Associate Wealth Solutions Associate E: cschonfeldt@clime.com.au E: jo@mtis.com.au

Private Wealth Adviser - NSW E: gcurry@clime.com.au

Associate Adviser E: amanda@mtis.com.au

Private Wealth Adviser - QLD E: mattr@clime.com.au

Associate Adviser E: dallass@clime.com.au

Private Wealth Adviser E: pauline@mtis.com.au

Associate Adviser E: harley@mtis.com.au

Wealth Solutions Associate E: tabeywickrama@clime.com.au

Want to speak to a Private Wealth Adviser?

Email us at associatesupport@clime.com.au or call us on 1300 788 568.

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Contact Us Have any questions about this edition of the Wealth Collective?

Contact your Adviser now or get in touch with us via email at associatesupport@clime.com.au.

STAY IN TOUCH Clime Investment Management

@clime.australia

@clime.australia

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SCAN here to access more of our resources

On behalf of the Clime team, We wish you and your family a wonderful festive season & look forward to seeing you in 2024.

Office closure: Our office closure is from close of business Friday 22nd December 2023 and we will be returning on Monday, 8th January 2024.

Should you need to contact us over the break, please know that there will be staff available to assist you with your queries.

Please call 1300 788 568 or email us at associatesupport@clime.com.au.

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This quarter’s contributors About Annick Donat Chief Executive Officer

With over 30 years’ experience in financial services, Annick has been active in her advocacy of financial planning and technology, often supporting and mentoring emerging entrants to financial services. Her expertise spans across governance, strategy, distribution, business and practice development, licensee services and operations management. Annick Donat was appointed CEO of Clime Investment Management Limited on 1 May 2021. With a predilection and curiosity for innovation, Annick believes great advice can change lives. It’s these values that led her to become Chief Executive Officer of Madison Financial Group in 2017 where she strived to empower consumers through great advice. Annick sits on various industry advisery boards including, but not limited to, Advisery and Director roles with Not-for-profit organisations.

About Will Riggall Chief Investment Officer

Will has been building wealth for Australian investors for more than 20 years. He has a proven track record managing market-beating portfolios and a stellar reputation as an astute analyst. Will’s experience spans the full market-cap range, and his analysis skill is both quantitative and fundamental. Will is proud of his skill at managing investments through the cycle and his ability to create and protect wealth through equity booms and busts. Will is a keen communicator and regularly presents at seminars, webinars and portfolio updates. In addition, he ensures his portfolios are structured to provide advisers and clients with optimal transparency.

About Anna Garuccio Private Wealth Adviser

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Anna has extensive technical knowledge and experience in all aspects of financial planning. This includes specialising in the Self-Managed Super Funds sector and all its complexities. Anna assists clients with retirement, aged care and estate planning. Anna is a highly sought after financial planner based on her technical knowledge and capability, her integrity and reputation for building and maintaining strong client relationships.

She enjoys providing advice, care and direction to her clients and their families. She has a reputation of being driven and passionate in working alongside her clients. Her ethics, integrity and commitment are of the highest standard.

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About Rebecca Wokes

National Key Account Manager at Netwealth

Rebecca is a National Key Account Manager at Netwealth with over 20 years’ experience in platforms across Australia and the UK. Rebecca joined Netwealth in 2020 and has a passion for advice, technology and financial wellbeing.

About Sean Cummins

Private Wealth Adviser

Sean is an experienced Financial Planner CFP with the Financial Planning Association and a member of the Self-Managed Super Fund Professional Association SSA. Sean commenced his career in accounting and has been in advice for 10 years focusing on the provision of advice to high net worth individuals and their families with an open and consultative approach.

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