OUR SERVICES

Financial Advice that suits your needs

 
INVESTMENT

At Palladia Wealth Advisory we believe that regardless of your personal situation, anyone can benefit from professional and informed investment advice.
If you are just getting started financially or if you don’t yet have any investment assets, we can show you how to get a savings plan going and how easy it can be to get your own investment portfolio off the ground.
As you grow your investments and your circumstances change, we can show you how to expand your plan to have a more sophisticated edge that targets specific goals. This is also an ideal time to look at protecting your wealth from the unexpected through simple insurance protection plans.
When retirement is on your horizon, our expertise can guide your investment plans to meet your changing needs. As earned income is replaced with investment income you will really see the benefit of the retirement plan you established years earlier.
Our expertise in understanding investment opportunities to meet your financial goals at any life stage can give you the advantage you need to reach your goals sooner and more securely. Some of the key strategies and products we can help you with include Managed Funds, Term Deposits, Shares, Ethical Investing, Gearing and Diversification.

SUPERANNUATION/SMSF

From the day you start work to the day you retire; superannuation contributions form the basis of a great financial plan. The favourable tax concessions on contributions and investment earnings make it an attractive structure for growing your wealth. When you are starting out, building your super contributions gives you a powerful way to take advantage of compounding returns.
As you move through your working life, you can look at more sophisticated strategies for accelerating your super through salary sacrificing or self-managed funds. In the approach to retirement, you can take further advantage from strategies that provide more tax benefits in the transition to retirement.
Our strategic advice can be an invaluable tool to help you identify the benefits available to you and position your investment strategy to securely build your superannuation portfolio.
Let’s take a closer look at how you can benefit through Super Guarantee, Voluntary Contributions, SMSF, Consolidation and Government Incentives.

WEALTH PROTECTION INSURANCE

Every great financial plan considers the threats and risks that you face and uses tools and strategies to reduce and manage those risks. For most of us there is no greater risk than the collapse of a financial plan due to premature death, illness, or injury. Efficient insurance planning is the most economical and effective way of dealing with these risks at every stage of life.
When you start to earn income, you need to protect your ability to earn that income. As you move through life and perhaps get married or have children, there are new responsibilities that need a secure protection strategy. There are also specific financial risks that need attention when you take on new financial responsibilities, such as starting a business or taking out a mortgage.
In later life you may want to adjust your insurance plan to take into account grandchildren or extended family, so that you can properly fund and allocate benefits.
Our expertise in risk planning gives you an edge in finding the most efficient insurance solutions, so that your financial plans are appropriate at every stage of life. This can include a range of cover options: Life, Total & Permanent Disability (TPD), Trauma and Income Protection.

RETIREMENT

Retirement can be both a time for exciting new changes in your life and a time of uncertainty about how you will manage your income and expenses. You may be looking forward to spending more time on those things that you have dreamed of, such as travel, leisure pursuits and family time. But how will you plan your income flow and spending? How will you make sure you retain independence without running out of money?
Planning ahead is a way to maintain balance between your lifestyle and your financial resources – and the earlier you start the better. Perhaps more than any other stage in life, the decisions you make (or the ones you neglect) in planning your retirement years can make a huge difference to your retirement lifestyle.
Some experienced know-how on the complex issues surrounding retirement finances is where we can help. We can guide you through the social security, taxation and investment aspects and help you to reach your retirement goals. 

AGED CARE

Understandably, most people want to stay in their own home for as long as possible because it is familiar and comfortable. The thought of going in to an aged care facility is traumatic. If someone you care about are no longer able to manage at home on their own but are fortunate enough to have assistance with everyday tasks such as shopping, cooking and transport to medical appointments they may be able to stay in their home longer. They may even be eligible for Government subsidised home care. However, if they are unable to manage, even with some additional assistance or they do not have anyone to provide assisted care in their home, you may need to make the decision to enter them in to an aged care facility.
You can arrange for an Aged Care Assessment to determine the level of care required and the facilities that can provide this level of care. An ACAT assessment is a pre-requisite to entering Aged Care. You should research facilities to help you choose the right one for your situation.
Once you have chosen a facility, we can look at the value of the family home and other assets and explain how various fees work, along with any Centrelink benefits available and whether you are eligible. Once the decision is made, a financial adviser can assist you with the application documents to help you secure a place in your preferred aged care facility. We can advise you on Types of Care, Costs Involved, The Family Home and Age Pension Assets Test.

ESTATE PLANNING

The term ‘estate planning’ for many people is unknown territory and perceived as simply the writing of a Will. The reality is that anyone who is earning an income or has any assets has a need for some level of estate planning advice.
Even at a young age you may have specific wishes for the way you want your assets divided if something unexpected happens. When children enter the picture, your needs may change and your final wishes may need more sophisticated estate planning consideration.
As your assets grow in later life and you may welcome grandchildren to your family, your needs can become more complex and need more careful attention and planning.
The legal and financial issues involved in making things work the way you want can become very complex. Our expert advice when it comes to planning the right structures to manage your estate can be invaluable in maintaining family harmony, reducing tax liabilities and making sure your wishes are carried out the way you really want them to be. Click to read more on these topics: More Than Making a Will, Who Will Control Your Insurance and Super, Using Ownership Structures and Ways to Help Avoiding Surprises.

BUSINESS SOLUTIONS 

Australians are familiar with insurance particularly with their cars, home and contents and business property. Yet for business owners, making sure their business continues to operate in the event of an illness to them or one of their key staff and protecting the ownership and succession of their business should they die unexpectedly is often overlooked.
In business life, as in daily life, unexpected events can and do occur. Business owners can be temporarily or permanently taken out of action as a result of sickness, accident, major health traumas (such as heart attack, heart disease, stroke and cancer) and premature death.
Business interruption from these causes can be short term, prolonged or permanent, and can range from incidental to serious. There are many stakeholders interested in the business as an ongoing concern including suppliers, staff, clients, creditors and family, so the effects can magnify.
When considering how to mitigate the negative impact of unexpected events the simplest and most effective solution is business insurance strategies.  These strategies protect you as a business owner, your family as potential recipients of your estate, your business itself, your business partner and your clients should something unexpected happen.
We can discuss wealth protection options for your business and tailor specific strategies to help you manage the risks and safeguard your business from unexpected events.

SPECIALISED 
INSURANCE

We have specialised insurance offerings for new professionals in select occupation categories listed below where protection can be obtained in circumstances when gaining cover wouldn’t otherwise be an option. Please book an initial consultation with us for further detail.
Some examples of occupations we can assist include:
Accounting Graduate, Accountant – CPA or CA
Actuarial Graduate, Actuarial Fellow
Architect
Dentist, Dental Specialist
Engineer
Financial Planner
Medical Intern, Registrar, Resident or Doctor – GP or Specialist
Optometrist
Pharmacist
Physiotherapist, Chiropractor, Osteopath
Podiatrist
Psychologist
Quantity Surveyor
Solicitor, Barrister
Veterinarian

Need additional information about our Services?
Every question is important, so please don’t hesitate contacting us.