Scott Associates assist with managing your wealth

Use Scott Associates to assist you in managing your savings, investments and assets

In conjunction with financial planners and advisors, we make sure that you protect the savings and assets that you have worked so hard to accumulate. We are specialists in self-managed superannuation funds (SMSFs).

  • Superannuation fund structuring and management
  • Profit improvement reviews
  • Loans and financing advice
  • Investment planning and advice:
    1. Net worth Personal cashflow
    2. Risk insurance
    3. Superannuation/Retirement
    4. Asset protection/Wealth
    5. Estate planning
    6. Home
    7. Investment

Investment planning and advice

We advise on a portfolio management approach to build and sustain wealth in the medium to long-term.

Scott Associates, in conjunction with licensed financial advisors, who are members of the Financial Planning Association of Australia, advises on wealth management strategies to achieve clients’ goals.

Determining net worth

Scott Associates will help you determine your net worth (the amount by which your personal or business assets exceed liabilities). In business, net worth is also known as book value or shareholders’ equity. Net worth is important in determining your current financial health. Consistently increasing net worth indicates good financial health while decreasing net worth is a sign of poor financial health.

Managing cash flow

Sound investment is important but it must not be at the cost of maintaining good cash flow. Scott Associates provides advice on best managing flow of cash in and out of your assets and investments. We will help you to develop a range of strategies with components of income, fixed and discretionary expenses, tax and savings to reduce your costs and increase your returns on investment.

Protecting clients from risk

Scott Associates in conjunction with licensed financial advisors recommends insurance strategies to secure clients’ physical assets; protect their ongoing income; defend them against potential liabilities; and provide efficient use of capital.

We use insurance specialists who can recommend a range of insurance policies to protect our clients from their highest risks, including life insurance, income protection, accident, and accidental death.

Planning your superannuation and retirement

Superannuation is one of the most tax effective ways to save for your retirement. Contributions made into your super fund by your employer (with your top-ups) will make a huge difference to your retirement lifestyle. Scott Associates provides advice on the best way to manage your superannuation contributions as well as the best investment options within the scheme.

Scott Associates is a specialist in self-managed superannuation funds (SMSFs) which are created to manage superannuation for the benefit of members. They operate with strict legal requirements on the obligations of members.

Protecting your assets and wealth

Scott Associates advises on asset protection, which is most important for business people to separate their personal liabilities from their business liabilities should they be exposed to litigation. Scott Associates have developed a range of trusts and strategies to assist clients and investors who want improved asset protection.

Emphasising estate planning

Scott Associates undertakes estate planning (in conjunction with licensed financial planners and lawyers) to protect clients’ investments in the event of their death or disability. This is important for a positive future for the individual if they are disabled and particularly for their family if they are disabled or deceased.

We strongly recommend to our clients that they undertake estate planning because it is usually simple and inexpensive and can provide huge benefits. We use specialist software to keep client records and to maintain the details of their estates which are often difficult to find when someone passes away.

Investing in a home

Your home purchase is usually the largest investment you will make. Scott Associates provides advice on buying your home to make sure you budget correctly and take into account all costs and liabilities. Up-front costs will include stamp duty, conveyancing fees, legal charges, search fees, and pest and building reports; and ongoing costs may include council rates, water rates, insurance, body corporate fees, land tax, and renovation costs.

Loans and Financing Advice

Scott Associates (in conjunction with loan specialists) identifies our clients’ financial and life goals and ensure their financial strategies match their objectives. We have the experience and knowledge to help you get the right loans, financial products and services to match your individual needs and situation.

Profit improvement reviews

Scott Associates reviews and advises business owners on improving profits. We investigate your business structure and systems and may recommend, for instance, better accounting systems; improved management and operating systems and procedures; sales and marketing improvements; margin, cost and pricing improvements; opportunities for innovation; and use of best practice benchmarking.

Our broad business background and experience has provided insights into many businesses across a wide range of markets. We also assess and recommend improvements to management, information and software systems such as payroll, accounts receivable and payable, and treasury.

Superannuation fund structuring and management

Scott Associates regularly reviews our clients’ personal circumstances and advises them on opportunities and strategies to maximise their accumulation of wealth. We assess their superannuation options annually (at least) to ensure that by retirement their growth has occurred in the most tax-effective manner.

There are two major superannuation options available: an APRA (Australian Prudential Regulatory Authority) regulated fund or a Self-Managed Superannuation Fund (SMSF). The SMSF allows the greatest potential to maximise your retirement savings. Depending on individual circumstances, a SMSF may be the most tax effective structure to build your retirement savings.