Financial Planning Services

For more than 50 years Lanyon Partners has been delivering high-quality financial planning and wealth management services to local businesses and individuals. With our head office based in the Melbourne suburb of Camberwell, Lanyon Partners also has several offices located in regional Victoria, as well as an office in Sydney.

 

Our team of advisers and financial planners are dedicated to helping you plan and build your financial future successfully, so you can enjoy the lifestyle you have always wanted. We work closely with you to:

  • Establish good financial habits
  • Set and achieve your short and long term financial goals
  • Understand the risk involved in investments and how to manage those risks
  • Educate you on new investment opportunities to generate wealth
  • Understand what matters most to you in order to develop a financial plan that helps grow, manage and protect your wealth

 

Contact the professional financial planners at Lanyon Partners today to better understand and utilise your financial resources. Whether you opt for a low risk, low return strategy to generate wealth, or prefer a high risk strategy for a potentially higher return, Lanyon Partners can assist and guide you towards the most suitable option for your needs.

Aged Care

By its very nature the entry of a loved one into Aged Care is an emotional time. This emotion can cloud decision making in even the most rational of people. It also doesn’t help that on top of finding and securing a place within a comfortable facility, Aged Care funding rules and regulations are now some of the most complex you will encounter in your financial life.

 

Information can be hard to come by and is often fragmented, or provided selectively by a source with a particular agenda.

 

Aged Care fees are particularly complex and may include:

  1. Multi layered accommodation payments with a bewildering set of acronyms,
  2. Daily Care Fees,
  3. Means Tested fees subject to annual and lifetime caps and including a value for the family home as well as other assets and income and;
  4. Extra services or “Premium Care” fees.

 

As an accredited Aged Care Specialist, Ted Robson can explain the various fees, charges and tests involved and help determine the best solutions for your family based on your specific circumstances.

Direct Shares

Our share research team carefully assesses companies which pass our quality filters before constructing portfolios based around specific client goals

Estate Planning

Passing away without a valid Will can mean your assets are held up for months or years as the Courts decide who is entitled to your benefits.

 

Whether you need a comprehensive estate plan for a complex family group or you simply want to make sure that your affairs are handled by a trusted friend or family member should you be unable to do so. Lanyon Partners Legal will help ensure your Wills, Powers of Attorney and Guardianships reflect your current wishes.

Insurance - Personal Income, Trauma and Life

Your biggest asset is you, make sure it is protected.

 

Lanyon Partners has been designing Personal Insurance solutions for clients for almost five decades.

 

Our specialists will help you understand the most important types of cover for your current situation and life stage, what level of cover is appropriate and how to make sure that your cover is cost effective, cashflow efficient, and most importantly, accessible when you need it.

Investment Advice

Lanyon Partners has been building wealth for our clients for almost 50 years.

 

Our advisers are able to draw on a range of investments to tailor the most suitable portfolio for each client’s situation.

Managed Investments

At Lanyon Partners Private Wealth we hold our own Australian Financial Services Licence (AFSL) and we are not incentivised to recommend any particular investment over another. Rather, we are simply able to recommend products and services that best suits the client’s situation.

 

We draw on a broad range of investment vehicles in constructing our bespoke investment solutions. Client portfolios typically include a blend of:

 

  • Direct Shares – Lanyon Partners Private Wealth researches and maintains model portfolios of Australian shares, consisting of established businesses with demonstrated competitive advantages and strong performance metrics which are attractively priced relative to our estimated intrinsic value.
  • Exchange Traded Funds and Listed Investment Companies – These securities trade on the ASX like a regular share but provide exposure to a broad underlying portfolio. We primarily use these ‘baskets of shares’ to provide low cost diversification within portfolios, particularly to gain access to international markets and sectors underrepresented within Australia.
  • Managed Funds – We recommend ‘best of breed’ managed funds from across the spectrum of asset classes (e.g. Australian shares, international shares, property and fixed interest) where suited. Due to operating our own AFSL we are not aligned to any particular fund manager and are able to focus on recommending those companies and fund managers we consider leaders in their field based on performance, risk and cost.

 

Our model portfolios, investment views and policies are formulated by our investment committee. The Committee is composed of a highly qualified and experienced team of Lanyon Partners Advisers and Executives with over a century of combined investing experience.

 

Lanyon Partners Share portfolios are researched and managed by our in-house specialists as part of the investment committee.

Personal Financial Administration

Paying bills and maintaining adequate records for tax purposes can often be an unwanted burden. Finding the time for these tasks may be difficult or perhaps elderly people can no longer manage their financial affairs easily.

 

Lanyon Partners offers both a limited and a full service to administer personal financial affairs. This may include the payment of personal bills, acting as a mail house for the receipt and processing of incoming mail and record keeping. Regular communication is an important feature of this service to ensure that our clients are kept up to date and are consulted when necessary.

Retirement Planning

It’s one of the most common questions clients have: “How much is enough?” Just as soon as this question is answered, another pops up: “How do I get there?”

 

Lanyon Partners Financial Advisers are specialists in helping clients understand what is required to fund individual retirement goals and can draw on a range of strategies and investment solutions to ensure you can live the retirement you deserve. What is for certain is it’s never too early to start.

Succession Planning

In planning for the future it is essential that estate planning and succession planning issues are properly considered.

 

What does a business owner do when they have reached normal retirement age with no future plans for the business? What happens if a serious illness occurs at an earlier age and an urgent decision on the future of their business is required?

 

These types of situations require orderly planning for business succession. Considerations may include:

  • Are there capable people within the business who may become future owners?
  • Is there a desire to retain ownership within the family?
  • Are there competitors or similar businesses that may be interested in acquiring the business?
  • Are existing business partners capable of buying you out?
  • Is insurance in place that can provide proceeds to fund a business transaction?

 

In providing a comprehensive service we make recommendations in areas including:

  • Wills
  • Testamentary Trusts
  • Enduring Power of Attorney
  • Medical Power of Attorney
  • Guardianship

 

We enjoy working with our clients in planning and protecting them in these situations

Superannuation

With recent research indicating that less than half of Australians currently working will have sufficient savings to support a ‘comfortable’ retirement, ensuring you have the right superannuation arrangements for your situation is more important than ever.

 

Common superannuation options include:

  • Industry Funds – Industry funds have their roots in the union movement with most still overseen by boards drawn in part from the union of a particular industry. The aim of these funds is to provide simple, low cost super for their members. Costs are typically below average, however customer support can be minimal and limited investment menus may be offered.
  • Low Cost Retail Platforms – With increased price competition several larger financial providers have launched superannuation products with a focus on minimising cost. Costs for these are typically similar to industry funds however service levels and platform features (e.g. the depth and detail of reporting and investment menus) are scaled down in comparison to higher fee options.
  • Superannuation Wraps – Wrap platforms are a very flexible superannuation option which allows investment in a broad range of managed funds, direct shares, Exchange Traded Funds (ETFs) and term deposits. This allows us to design a personalised portfolio based on your agreed investment strategy. Wraps also feature more advanced reporting and higher levels of administrative support than lower cost platforms.

 

Self-Managed Super Funds (SMSFs) – For clients with larger superannuation balances we often recommend an SMSF to take advantage of cost benefits and provide even greater investment control and flexibility.

Self Managed Super Funds

If you have a larger balance, specific investment needs or just a desire to have more control of how your super is invested, a Self-Managed Superannuation Fund (SMSF) may be the best vehicle to achieve your goals.

 

A team of Lanyon Partners Specialists can provide a TOTAL SMSF SOLUTION, from set-up and contributions, to investments and strategic planning, accounting, audit and compliance needs.

 

With over 500,000 funds and rising, SMSFs are a popular solution for Australians to build wealth for retirement, but the extra freedom comes with extra responsibilities that you can’t ignore (the ATO says so). Contact one of our SMSF experts to discuss if this is the right option for you.