Private Wealth Brisbane

A genuinely caring relationship

“We have been dealing with BDO Private Wealth Advisers since 2004 and have, on many occasions, sought their advice on ways that we can improve our situation. They have shown that they care about us and our situation, they have helped our family and helped us remain 'on track' through difficult times. BDO do not treat our money like it's theirs, like some of the big organisations do, and care about things that are important to us (like taking more holidays).”

Alec and Annette

Protecting our client’s wellbeing

“We were first introduced to BDO Private Wealth Advisers by our accountant in 2002. Over the years, BDO have reviewed our position and, after Kevin had an accident at work, identified and helped us access income protection and disability insurance from our old superannuation policies. This has allowed us to repay our mortgage and other debts, as well as giving us money to help meet our income needs. BDO also manage our superannuation so we have some play money for retirement. We can now concentrate on our lifestyle rather than worrying about how our living needs are going to be met..”

Kevin and Elizabeth

Planning for the future

“BDO Private Wealth Advisers have been helping us with strategic advice over a number of years. Their advice has focused on us and how our needs can best be met in the future. They care about what we are doing, are forthcoming with practical ideas and have really helped us focus on the things that matter to us.”

David and Glenda

Securing a young couple’s future

Client profile:

A professional couple with a young family.

Financial and/or lifestyle position:

The couple are nearing paying off their home loan and wish to consider options to use the surplus income they will soon have. Their initial thoughts were on investing this surplus income into some form of share investments.

BDO Private Wealth Advisers’ initial advice:

We reviewed their situation and identified they had two investment properties with substantial loans still owing. We also identified the higher income earner had inadequate income protection insurance to meet their living expense and future lifestyle requirements if something were to happen to him. The BDO team then produced:

• Discussion Paper - this showed where the couple were at and provided various options for the investment of their surplus cash flow. Options included building a share portfolio, repaying the investment loans and contributing further into superannuation.
• Recommendations - repaying their other loans and building their super versus building a share portfolio showed they would be in a better financial position at an earlier age.

Practical outcomes:

We provided the client with an implementation plan and recommended the higher income earner increase their level of income protection cover. This demonstrated that if this person was unable to work their living requirements and mortgage repayments would be greater than what they would be receiving.

Paying off debt rather than investing their surplus income did not result in a financial product sale, however provided a lower risk solution to meet their objective.

Proactively planning for retirement

Client profile:

A couple in their fifties considering retiring within seven - ten years.

Financial and/or lifestyle position:

We first met this couple in 2007. They had a reasonable portfolio of shares and wished to consider setting up a self-managed superannuation fund. We noted they had a level of non-deductible and deductible debt, which they noticed was not reducing. Their share portfolio was mainly owned by a company which their accountant noted was not the best entity to hold growth assets in. They did not have an overall strategy to reduce debt and build assets for their retirement and had not reviewed their insurance needs.

BDO Private Wealth Advisers’ initial advice:

Our team reviewed their assets and liabilities, income and expenses (from all sources) and their insurances to provide options for the client. We then produced:

• Discussion Paper - this showed their present position and options for their situation. They hadn’t considered transferring shares from their private company to reduce the level of debt or contribute into the new self-managed superannuation fund (SMSF).
• Recommendations - The strategy they adopted was to transfer some shares held in the company into their SMSF, sell some shares and use the proceeds to reduce their non-deductible debt. We also assisted them to implement a disciplined approach of using their surplus cash flow to reduce debt. Our forecasts indicated they would repay their loans within 5.1 years. Then they would start using the loan repayments to build investment portfolios both in and outside of superannuation. They would then be in a position to retire within 10 years. We also confirmed their current levels of insurance were adequate. We agreed to meet with them annually to review their strategies to ensure they remained on-track.

Practical outcomes:

Several years on and the clients are now in a financial situation where they are able to retire now, if they wished to. They repaid their loans two years earlier than we originally projected, as they became better at managing their cash flow. Reductions to the level of insurance they needed resulted in annual savings of over $10,000.

In the four years since their loans were repaid, they have been able to increase their financial wealth by over $1.5 million due to increased funds being invested more effectively using superannuation strategies and good investment returns.

Helping protect the $20 million family business for just $5,500

Client profile:

Two brothers in their early 40s taking over the family business from their sick father.

Financial and/or lifestyle position:

The family business generates annual revenue of $60 million and the net worth of the family is $20 million. However, their father’s illness triggered the realisation that everything their family had worked for could be lost without the proper protection in place. In the event that either of the brothers died or was totally and permanently disabled, the goals of the brothers were to:

• Protect the business for the survivor
• Protect their respective family interests
• Repay debt to parents to protect their estate.

BDO Private Wealth Advisers’ initial advice:

We worked with the brothers’ accountant to recommend appropriate insurances for them. We also worked with their solicitor to tie the insurances to the buy/sell option deed for the business and property, to ensure that all elements had been provided for.

Practical outcomes:

This case demonstrates how BDO Private Wealth Advisers Pty Ltd can work with accounting firms to help clients protect their wealth and family. This creates the opportunity for ongoing relationships and business with the accounting firm.

In this particular scenario, the clients paid $5,500 for our advice about protecting the family’s net worth of $20 million.

Andrew White – Partner, Private Wealth

Andrew has worked in the financial services industry since 1988 and has been with BDO Private Wealth Advisers Pty Ltd since 1999.

Andrew has extensive experience in dealing with professionals, owners of small to medium businesses and senior executives including Directors of public companies. He consults to and serves on the boards of private and family owned businesses on investment matters, and also sits on an Investment Advisory Committee for a large private school in Brisbane.

As Partner, Andrew’s role includes working with a small number of clients and being responsible for the overall advice and service provided by BDO Private Wealth Advisers.

Services

Not for profit, wealth creation, wealth protection, retirement planning, superannuation, estate planning, aged care.

Qualifications and memberships

• Certified Financial Planner (FPA)
• Bachelor of Business (Accounting)
• Certified Practicing Accountant (CPA)

Contact

Andrew.White@bdo.com.au

 

Guy Taylor - Partner, Private Wealth

Guy has worked in wealth management since 2006, gaining extensive experience working with young professionals, small business owners, executives and medical specialists. His focus is on assisting high net worth individuals and their families. His experience and personable nature enable him to work with his clients to achieve their desired financial objectives whilst incorporating their lifestyle goals, personal ambitions, and attitudes to risk.

Services

Wealth creation, debt management and retirement planning (including investment portfolios, tax minimisation, self-managed superannuation funds, insurance and estate planning).

Qualifications and memberships

• Bachelor of Business (Management)
• Diploma of Financial Services (Financial Planning)
• Advanced Diploma of Financial Services (Financial Planning)
• Justice of the Peace (Qualified)
• Practitioner Member, Financial Planning Association
• Certified Financial Planner (CFP)

Contact

Guy.Taylor@bdo.com.au

 

Paul Rafton - Partner

Paul has worked in the financial services industry for more than 20 years and has been with BDO since 2006.

Paul supports the delivery of strategic superannuation services and advice and works with clients to advise on compliance issues and techniques to enhance and protect their retirement savings. He has worked across superannuation fund compliance and administration, and provides advice around the interpretation of related legislation.

Services

Self-managed superannuation fund administration, taxation advice, compliance & advisory.

Qualifications and memberships

• Bachelor of Commerce (Accountancy)
• SMSF Specialist Adviser
• Foundation Member - Small Independent Superannuation Funds Australia
• Member - SMSF Association

Contact

Paul.Rafton@bdo.com.au

 

Denise Harrison – Wealth Adviser 

Denise is a Wealth Adviser in our Private Wealth team at BDO in Brisbane. She has 25 years’ experience in a range of financial services roles and uses her extensive knowledge to advise and assist her clients with their financial future.

Denise works with her clients to map out their journey and ensure they understand the options and possibilities available. By providing clarity around their choices, they are able to make financial decisions that best fit their needs. Denise works with her clients to chart progress and stay on track to reach their goals. 

Services

Wealth creation, wealth protection, retirement planning, superannuation needs, Centrelink benefits, estate planning, salary packaging and aged care.

Qualifications and memberships

• Diploma of Financial Planning
• ACIP - Independent Centre of Investment & Financial Planning
• Member (AFP), Financial Planning Association

Contact
Denise.Harrison@bdo.com.au

 

David Woolley – Wealth Adviser 

David is a Wealth Adviser in the Private Wealth team at BDO in Brisbane. David assists his clients to grow and protect their wealth.  His focus is on gaining a deep understanding of each client’s unique situation and applying evidence-based strategies to achieve their desired investment outcomes.

With over 20 years’ in different wealth management roles, David can offer his clients well-rounded insights from his broad range of experience. David is passionate about building long lasting relationships with his clients and providing excellence in all aspects of advice and service.

Services

Wealth creation strategies, superannuation and retirement planning, portfolio design, investment structuring, risk protection and estate planning.

Qualifications and memberships

• CPA Program
• Bachelor of Commerce (University of Queensland)
• Graduate Diploma of Applied Finance and Investment (Securities Institute)
• Graduate Certificate of Property Studies
• Member (AFP), Financial Planning Association

Contact
David.Woolley@bdo.com.au

 

Michael Ryan – Wealth Adviser

Michael is an experienced Wealth Adviser in BDO Brisbane’s Private Wealth team. He provides extensive advice and financial planning services to his clients and has a special interest in advising on personal insurance.

Michael works closely with his clients to ensure they feel comfortable in their financial position and provides guidance to help them live their best life.

Services

Debt reduction, cash flow management, tax minimisation, investments inside and outside of superannuation, personal insurance and estate planning.

Qualifications & memberships

• Bachelor of Business (Finance and Accounting)
• Diploma of Financial Planning – Kaplan Professional
• Advanced Diploma of Financial Planning – Kaplan Professional
• Certified Financial Planner – Financial Planning Association of Australia

Contact

Michael.Ryan@bdo.com.au

 

Shaun Haden – Wealth Adviser 

Shaun is a Wealth Adviser at BDO in Brisbane. He works with his clients to understand their financial situation so they can make informed decisions about their future to maximise their lifestyle through all stages of life.

Shaun works with his clients to develop wealth creation strategies and assist them in understanding if they are on track to achieve their goals. Shaun is also a member of BDO Private Wealth Advisers’ internal research committee and assesses the approach, strategy and benefits of investments for clients.

Services

Wealth creation, wealth protection, retirement planning, superannuation needs, Centrelink benefits, estate planning, salary packaging and aged care.

Qualifications and memberships

• Bachelor of Business (Economics and Financial Management)
• Diploma of Financial Planning – Kaplan Professional
• Advanced Diploma of Financial Planning – Kaplan Professional
• Certified Financial Planner (CFP®) – Financial Planning Association of Australia
• Member of the Financial Planning Association of Australia (FPA)

Contact 

Shaun.Haden@bdo.com.au

 

Natasha Johnson – Wealth Adviser

Natasha is an experienced Wealth at BDO in Brisbane and Sunshine Coast. She provides advice to clients in all stages of life and has a special interest in working with families with complex financial situations and providing strategic aged care advice.

Natasha prioritises building long-lasting relationships with her clients. She has a deep understanding of their unique situation and ensures the advice she provides will allow her clients to maximise their lifestyle.

Services

Wealth creation and protection, retirement planning, investment advice, Centrelink benefits, estate planning, salary packaging and aged care.

Qualifications and memberships

• Certified Financial Planner (CFP®)
• Bachelor of Accounting/Bachelor of Financial Planning.
• Committee member of the Brisbane Chapter of Financial Planning Association of Australia (FPA)
• Professional member of the Financial Planning Association of Australia (FPA)

Contact 

Natasha.Johnson@bdo.com.au

 

Jessica Olsen – Wealth Adviser

Jessica began working in the financial services industry in 2014, before joining BDO Private Wealth Advisers in 2016. She completed her Bachelor of Business at QUT in 2015 and holds a Diploma of Financial Planning and her Certified Financial Planner (CFP) certification, the highest level of certification that a financial planner can achieve internationally.

Jessica understands the importance of taking a holistic approach to financial planning in order to gain the best results for her clients. She gets to know her clients on a personal level to ensure the outcomes obtained are deeply in line with the needs and objectives of each client.

Services

Wealth creation, debt and cash flow management, superannuation including self-managed super funds, investment structures, wealth protection and retirement planning.

Qualifications and memberships

• Bachelor of Business - Finance (QUT)
• Diploma of Financial Planning
• Certified Financial Planner (CFP)
• Member of the Financial Planning Association (FPA)

Contact

Jessica.Olsen@bdo.com.au

 

Oliver Straker – Wealth Adviser

Oliver is a well-rounded adviser with a knowledge base beyond financial planning. He is a chartered accountant and his earlier experience as an auditor of ASX-listed companies gives him a strong understanding of accounting and finance.

Oliver is a director of a Queensland based charity and has a passion for the not-for-profit sector. He specialises in building governance frameworks and investment solutions for charitable organisations.

Services

Wealth creation and protection, investment structures, retirement planning, investment advice, Superannuation including self-managed super funds.

Qualifications and memberships

• Bachelor of Business – Accounting (QUT)
• Chartered Accountant (CA)
• Diploma of Financial Planning (DFP)

Contact
oliver.straker@bdo.com.au

 

Terrie Wendland – Wealth Adviser

Terrie holds a Bachelor of Business (Economics) and post-graduate qualifications in finance and investments and financial planning. She started in the financial services industry more than 20 years ago working at various Queensland stockbroking firms and financial planners. After time out of the industry to look after her young children, Terrie returned to the industry to work with BDO in the salary packaging team before moving to private wealth.

She brings a wealth of experience in all facets of investment to the team. Throughout her career, Terrie has provided solutions to a diverse client base with varying lifestyle and financial objectives.

Services

Wealth protection / risk; Superannuation and pre-retirement planning; Investment portfolio construction; Professional Investment Portfolio Management; Strategic investment strategy advice; Retirement and Income stream planning; Litigation support; Salary Packaging; Centrelink Pension support; Estate planning / Succession Planning and;  Aged care.

Qualifications and memberships

• Bachelor of Business – Economics
• Graduate Diploma of Finance and Investment
• Diploma of Financial Planning
• Member of the Financial Planning Association of Australia (FPA)

Contact

terrie.wendland@bdo.com.au

 

Beanca Monks – Associate Wealth Adviser

Beanca is a dedicated and empathetic adviser who is committed to providing exceptional client service.

Beanca began working in the financial services industry in 2016, before joining BDO Private Wealth Advisers in 2017.

She is highly motivated to assist clients in achieving what is important to them, and believes in tailored financial advice, not a one-size-fits-all approach.

Beanca is also focussed on enhancing the advice experience of all BDO Private Wealth clients. Through her involvement with strategic groups she provides leadership, planning and coordination of new initiatives that deliver continuously improved outcomes for clients.

Services

Wealth creation, debt and cash flow management, superannuation including self-managed super funds, investment structures, wealth protection and retirement planning.

Qualifications

• Bachelor of Commerce (Financial Planning)
• Bachelor of Business (International Management)

Affiliations

• The Financial Planning Association of Australia (FPA)

 

Olivia Thambidurai – Associate Wealth Adviser

Olivia began working in the financial services industry in 2008 before joining BDO PWA in 2013.

Olivia began working in the financial services industry in 2008, before joining BDO Private Wealth Advisers in 2017. Since joining the team, Olivia has provided outstanding client service and leadership. Through providing consistent and personalised client service, she is a mentor to the Client Service Officer Team.

She is dedicated to providing a high level of service to clients by developing long-lasting relationships, and truly understand their situation and motivations before providing her clients with holistic solutions suited to their needs, objectives and future aspirations.

Olivia understands the importance of continue professional development as she recently completed Graduate Diploma of Financial Planning to further enhance her knowledge of the every changing financial industry.

 

Isaac Montaner – Associate Wealth Adviser

Isaac provides his clients with bespoke advice in line with their financial and lifestyle objectives. His ability to remain steadfast through market cycles, his transparent communication style, and capacity for providing holistic financial advice allow him to form valued advice partnerships with his clients.

Prior to joining BDO Private Wealth Advisers in 2020, Isaac worked in a family office assisting high net worth families with their succession and capital needs.  Isaac graduated in 2018 with a Bachelor of Commerce at the University of Queensland, majoring in Finance and recently completed his Graduate Diploma of Financial Planning. Isaac is currently a member of BDO Private Wealth Advisers’ Investment Committee which is responsible for reviewing and managing BDO’s overall investment approach, systems, and framework within which business operates.