Private Wealth Management
Navigating Your Private Wealth Course
Our Private Wealth Course is a six-step process that has your interests, your goals and your life aspirations at its heart. It is a complete advice offering. One of its most valuable outcomes is delivering to you a comprehensive financial road map, action plans, and guidance to help you achieve your lifestyle and financial goals. Under this course we also project and manage agreed actions.
Importantly, the course helps us to define and agree where you are headed and how to get you there. It is purpose designed to monitor and provide greater certainty in your dynamic life circumstances.
It sets the broad picture against which we measure our success and plan for the best outcomes possible. Each year an agreed agenda provides you with life choices and, as we get it right, the confidence to achieve your goals. We ask that you commit to regular meetings and engage in open discussion.
The program may require us to bring in specialist services; like-minded professionals who will help us achieve your ultimate goals.
Here’s how it works:
Stage 1: Discovery meeting
Together we spend considerable time discovering ‘how you want life to be’ and gathering necessary information about you – your current circumstances, family, business, work, finances, assets and liabilities. A detailed questionnaire covers all aspects of your financial life.
Specifying needs and objectives
Identifying personal values
Identifying specific lifestyle goals
We identify the issues that relate to you (for instance, you may need estate planning or tax planning). Issues are prioritised, then we investigate solutions, develop plan/s and produce a strategy.
Stage 2: Engagement Meeting
This is our opportunity to make sure that we truly understand your situation. We discuss your hopes and dreams for life now, in three years and in ten years.
At this stage, we agree how we will work together so that we can truly operate as an active partner in helping you to achieve your life goals.
Stage 3: Strategy check-in meeting
We provide a concise outline of your issues (determined from the discovery meeting) and advice covering issues such as asset protection, growth and distribution. Typically, this advice will be a combination of our input and recommendations together with advice from other professionals such as your accountant and solicitor.
The advice provides a solid cornerstone of your strategy for the future. You receive detailed cash flow projections to help you make informed ‘trade-offs’ on decisions which affect your ability to achieve your goals.
Peace of mind is all about having the confidence that you are on track to achieving your lifestyle goals and fulfilling ‘how you want life to be’.
Stage 4: Advice Presentation
Following your acceptance of our advice, we arrange for recommendations to be implemented. This involves co-ordinating the services of necessary professionals (as agreed by you). This is where we also commit to an agreed action plan.
Stage 5: Ongoing Review Services
Together we review your investment performance and portfolio. We track your progress towards the way you want to live against agreed milestones in your game plan. We identify key risks in your plan and update goals appropriately. The frequency of these meetings is determined by you in consultation with PECUNIA Private Wealth Management and ranges from Quarterly, Six Monthly and/or Annually.
Stage 6: Annual review follow-up
We revise your strategic plan, discuss any changes in the plotted course, any changes in your goals, objectives, needs and concerns.
Discuss our recommended advice and your agreed actions to be taken, make any navigational adjustments to your future course and proceed en route.
CEO & Senior Adviser
Michael Carlton, Director & Senior Adviser
PECUNIA Private Wealth Management is a privately owned advisory firm, with Michael Carlton (Director & Senior Adviser) having over 30 years’ experience in the Financial Services profession, working in both the Corporate and Private Sectors, most recently having worked with one of Australasia's leading providers of integrated financial services and accounting services as a Senior Financial Adviser (Private Wealth Manager).
Our Clients include;
• Doctors, Dentists, Medical Specialists and Allied Health Professionals;
• Business Owners, Business Leaders, Retirees and Accumulators;
• Individual and Corporate Trustees of Self - Managed Super Funds; and
• High Net Worth Individuals
Corporate Experience, Personal Approach:
Specialising in, Long Term Investment and Wealth Creation Strategic Planning, Investment Portfolio Advice and Management, Retirement Planning, Self - Managed Super Funds, Personal Risk Protection, Succession and Estate Planning, PECUNIA Private Wealth Management’s Director & Senior Adviser, Michael Carlton has earned a reputation for unwavering commitment to these clients based on the core principles of genuine client advocacy, quality advice, and the provision of personalised not corporatised service over many years, with a low client to adviser ratio and will not compromise on this.
Fee for Service Only
"The price is what you pay, the value is what you get..." Warren Buffett
• We are a Fee for Service Practice, so you know the exact cost before proceeding with any advice;
• We DO NOT accept Commissions, from our recommended products or services
PECUNIA Private Wealth Management provides these services to clients throughout the Eastern States of Australia, from Queensland right through to Tasmania and whilst also having a number of expat clients located overseas. Through the use of technology and with regular visitations all of these clients enjoy continued full access to Michael and the PECUNIA Private Wealth Management team.
Michael has completed the Diploma of Financial Planning, Masters of Applied Finance, is a Member of the Association of Financial Advisers (AFA), is a SMSF Association and is currently undertaking further post graduate studies.
We exist to provide personalised “Inspired Strategic Thinking Today For Your Future Tomorrows”.
Michael Carlton (AR: 239724) Carlton Family Trust ABN 51 283 954 577 t/a PECUNIA Private Wealth Management (CAR:1233485), are Authorised Representatives of Arrow Securities Group Pty Ltd ABN 30 165 731 144 AFSL No: 448218. Mascar Holdings Pty Ltd (Corporate Trustee) Carlton Family Trust registered Tax (Financial) Adviser 25869223.