My question is not in the list above. How can I get an answer?

Please email your question to us at truewealth@cowealth.com.au or feel free to give us a call at (02) 9411 6686.

What should I expect in the financial planning process?

Our process begins with a “get acquainted” meeting. We will review information you provide regarding your financial situation (tax returns, insurance policies, asset statements, estate planning documents, employee benefits, etc.). We want to know about your personal goals, values, concerns, dreams, and past experiences.The financial planning process entails discovering where you are now and where you want to go. We work together to establish and prioritize objectives. We will review the problems and opportunities you face, examine alternatives and make recommendations and action steps. The last step is assisting you in implementing those recommendations. Once your initial plan is complete, we regularly meet with you to review and update your plan, assess your progress, and consider other actions that may be helpful for you.

How do I get started working with CoWealth Partners?

As a prospective client, you are encouraged to come in for a complementary exploratory consultation. We discuss your financial situation as well as our firm’s ability to help you. Most client engagements begin with a financial plan that addresses the multiple aspects of a family’s personal finances. The planning process entails 3 to 4 meetings. It is the start of a wonderful blueprint into your financial future.In some instances, where extensive analysis and planning may not be warranted, we will still engage with clients.

Am I qualified to become a client of CoWealth Partners?

Many of our clients come to us on a referral basis. They typically enjoy healthy household incomes and have investment portfolios of $300,000 or more. However, we welcome and enjoy working with clients who do not yet meet these thresholds but are on the path to reach them in the near future.

What can CoWealth Partners really do for me?

As we begin to understand you and what your financial goals are, we help you grow, protect, enjoy, and safely transfer your wealth to your chosen heirs. We will help clarify your financial objectives and desires and provide the framework to help you obtain your goals. We will review your progress and try to make sure you are on a steady course to your own financial freedom and independence.

How is CoWealth Partners compensated?

We derive our income from the financial planning fees as well as investment management fees. The fees are charged based on your level of service required and will be provided during your consultation period.

Do you guarantee any rate of return for my investments?

No, it is illegal for a wealth management firm to guarantee returns. However, we devote a lot of time, research, and experience in adopting best practices which we believe will help you meet your return goals.

Who has custody of my money when I hire you to manage it?

CoWealth Partners never has custody — physical possession or access to your money. Client assets are held at a platform in an account registered in your name and/or a tax identification number for trust accounts. On occasions we will use other managed funds, insurance or direct participation companies. Client assets are then held with those companies. We never take physical custody or possession of client assets.

Why is it important that CoWealth Partners holds itself out as a fiduciary?

CoWealth Partners is a wealth management firm that holds itself to a Fiduciary Standard which occupies a special trust and confidence when working with a client. A fiduciary is simply someone who represents your interests, even above their own interests. As a fiduciary, we are required to act with undivided loyalty to you as our client. This includes disclosure of how we are compensated and any corresponding conflicts of interest.

Do you have any disciplinary citations against you?

None.

What is your Investment Philosophy?

Our philosophy is to manage your assets in a way that works best for you. We will attempt to design your portfolio to achieve its targeted rate of return without taking on more risks than necessary. You will have your own tailored Investment Policy Statement that mandates and establishes your goals, policies and procedures. Whether your portfolio’s goal is aggressive growth or capital preservation, or somewhere in between, the guiding investment principles that we adhere to are: • Strategic and Tactical Asset Allocation provide the foundation to managing the long-term risk and return of a portfolio.. • Rebalancing portfolios on a consistent basis should reduce risk and increase returns over time. • A mandate to uphold an unbiased, objective, and advocacy roll.

Who is a typical client of CoWealth Partners?

Most of our clients are in the “accumulation” stage of their life, meaning 25-65 years old. Many of our clients are professionals, corporate executives, or owners of their own small businesses. In essence, our clients do not like to cut their own hair. They look to us as a great resource so they can achieve their financial dreams.