What Is Wealth Planning
WHAT IS WEALTH PLANNING?
There are two things in life we can be sure of:
1 - There will be unforeseen events, and
2 - It's up to each of us to make the most of the opportunities we're given. Wealth planning works in both ways, helping to minimise the knocks but also to grow the upside. Finding someone you trust to explain and help manage this process is the first and most important step in effective wealth planning.
Insight into the legal and economic framework of the countries in which you live and work is also an essential part of the wealth planning process, as is a deep understanding of the tools and mechanisms available for wealth creation. That's why a good wealth planner is instrumental in helping you set your wealth objectives, because they know how to set a course for the long road ahead.
WHY PLAN?
Planning is a powerful tool available to anyone serious about making the most of life. All it requires is a little commitment. Living spontaneously has its place and can be an exhilarating part of the journey but planning ahead is how you avoid unnecessary potholes and mitigate potential catastrophes along the way.
There are many scenarios where wealth planning is not only recommended but is, in fact, essential. These include:
Providing for your dependents
Such as passing on financial gifts to your children and spouse. If you were to pass away, would your family be able to sustain their standard of living? Life cover is a smart way to protect your family from financial ruin in this difficult situation.
Tax optimization
Such as passing on financial gifts to your children and spouse. If you were to pass away, would your family be able to sustain their standard of living? Life cover is a smart way to protect your family from financial ruin in this difficult situation.
Retirement
We are living longer than ever before and as such planning for retirement is a daunting task best started early in life. WB Financial only uses Unit Trust Retirement Annuities (RAs), ensuring you get the best product with no hidden fees and penalties.
Protection
Offering stability in situations that would otherwise be devastating, such as injury or death, and the subsequent loss of income.
Trusts and estate planning
Ensuring the continuity of long-term family wealth requires a specialised skill set, one that takes into consideration the short, medium and long term. We can help put these plans in place.
OUR PHILOSOPHY
Our philosophy is simple - we plan for your wealth as if we were planning for ours. It's a relationship based on integrity and longevity, trust and word of mouth, which is why we've structured our services, fees and products to ensure there are no conflicts of interest.
You may be asking yourself, "How can I be sure there's no conflict of interest?" Well, while many other wealth planners work on commission structures that incentivise their representatives to sell in-house and affiliated products - we don't.
Our advice is completely unbiased and based purely on the best performing products available on the market. It's also completely obligation free. So instead of commission our time and expertise is covered by a clear and transparent fee structure.
We believe wealth planning client relationships should be based on loyalty, not by holding them to ransom.
In short, WB Financial offers a one-on-one, high-touch service tailored to help you meet your wealth objectives while working within your financial means.
To see for yourself how 18 years of financial intelligence can work for you get in touch with our experienced team.
WHAT WE OFFER
When you trust WB Financial with your wealth planning you can take advantage of the following products and services:
UNIT TRUSTS
Risk weighted profiles that blend the best performing funds and form the backbone of our wealth-planning solution.
PERSONALISED SERVICE
One-on-one assessment with tailored solutions, clear explanations and strategy rationale.
CORPORATE PACKAGES
Pension funds, risk insurance, life cover and more.
WIDE RANGE OF FUNDS
We blend both passive and active fund management style to bring you the best of active management with a low fee structure.
PERFORMANCE MONITORING
We touch base every quarter and undertake annual reviews on your portfolio.
LONG-TERM INSURANCE
Critical illness, disability, life cover and income protection.
DISCRETIONARY INVESTMENTS
In addition to "Approved" investments such as retirement annuities we also offer a wide variety of investment options including, tax free savings portfolios, managed share portfolios, endowments and unit trusts.
GAP COVER
Medical Gap Cover is an essential part of your medical aid cover. Shortfalls on medical procedures can cost a fortune. Gap cover protects you from this.
MEDICAL AID
Ensuring the continuity of long-term family wealth requires a specialised skill set, one that takes into consideration the short, medium and long term. We can help put these plans in place.
ESTATE PLANNING
We can help with wealth management of your estate & inheritance tax planning.
POST RETIREMENT INVESTMENTS
Living and Life Annuities.
As each client is a unique individual with their own desires, needs and requirements,we offer professional step-by-step financial planning that is based on a detailed personalised financial needs analysis. This is undertaken over a period of time and in line with ever-changing budgetary and family requirements.
We pride ourselves in offering holistic planning services, educating clients through the decision-making process and allowing you to make the ultimate decision without being pressured into products/services that you do not need or cannot afford.
Before we ever get to recommending products, we do a thorough fact find to make sure we understand your individual circumstances and needs, as well as your objectives and aspirations for the future. Whether planning for retirement or passing wealth onto future generations, WB Financial is not tied to any one product provider, so we can search the market to find a selection of the best products for your needs.
Contact Warren Basel on 0824905182 or email warrenb@oraclebrokers.com
