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Family going fishing at the bach

Real story Caretakers of wealth for future generations

Sarah and Daniel* are a couple in their early 40s with primary school-aged children. They are both support workers: Sarah for a tertiary institution and Daniel for local government.

Current financial situation

The couple is debt-free and own the family home worth $800,000 and a $600,000 holiday home. While they have modest work incomes, they have a broker portfolio of direct shares and bonds from inherited wealth of $4 million.

Future lifestyle goals

The couple has quite modest living needs now that they own two homes outright, and have no immediate plans to assist their children beyond education. They want to draw on their inheritance as little as possible for themselves and instead pass it on to future generations intact. They are currently saving only KiwiSaver and aim to retire at 65 with an annual income of $80,000.

How Bloomsbury helped

This inheritance is a huge burden on Sarah and Daniel. They hate talking about money and investments and would rather ignore it all.

We helped put their minds at ease by first examining their existing investments for appropriateness. We then developed a well-constructed portfolio that will grow their estate while they are working and cover their income needs now and post-retirement. We were able to increase the expected returns from their investments by $51,000 per annum.

We organised the review of their legal affairs to ensure that everything is structured to pass seamlessly to next generation if anything should happen to them, including having the right advisers to guide the children.

Result

Sarah and Daniel can get on with being ordinary kiwis without the burden of wealth. They can relax, confident in the knowledge that they will pass on an estate of a minimum of $4 million to their children and any grandchildren.

* Names have been changed to protect privacy


Real story 1 - All about the family

All about the family

We helped this couple increase annual returns by $25,000 so they can better support their children. Read more about All about the family

Real story 2 - Retirement full of 'work' and play

Retirement full of 'work' and play

A working retirement full of overseas travel is a common goal for many clients. Read more about Retirement full of 'work' and play

Real story 3 - Philanthropy through ethical investing

Philanthropy through ethical investing

This couple wanted to help charity through their investments but were not sure how to start. Read more about Philanthropy through ethical investing

Real story 4 - Luxury in retirement

Luxury in retirement

The expected returns from these clients' investments were boosted by $52,000 per annum. Read more about Luxury in retirement

Real story 5 - Philanthropic focus

Philanthropic focus

We help clients consolidate complicated and neglected financial affairs to reach their goals. Read more about Philanthropic focus

Real story 6 - Caretakers of wealth for future generations

Caretakers of wealth for future generations

Inheritance can be a perceived burden. We helped this couple think otherwise. Read more about Caretakers of wealth for future generations

Real story 7 - Exclusive VIP requirements

Exclusive VIP requirements

We offer an exclusive investment service for those who want something extra special. Read more about Exclusive VIP requirements

Real story 8 - Privacy is paramount

Privacy is paramount

Privacy is a common client concern. We will ensure complete confidentiality and discretion. Read more about Privacy is paramount

Real story 9 - Growing estate for heirs

Growing estate for heirs

This highly successful retired couple needed advice on their considerable investments. Read more about Growing estate for heirs

Real story 10 - Worry-free widowed future

Worry-free widowed future

Instead of being concerned about finances, this client can now enjoy her future. Read more about Worry-free widowed future

Real story 11 - Single and wanting early retirement

Single and wanting early retirement

Good planning means early retirement on one income is accessible. Read more about Single and wanting early retirement