Wealth Accumulation & Preservation

Avoid overpaying for complicated unnecessary investments.

The accumulation stage of your financial plan ensures your investments generate the wealth required at different stages during your life, the preservation stage ensures you can continue to access that wealth into retirement. We are here to help with both.

Benefits:

1. Tax Efficient Structures
Surveying investment options for individuals & business to ensure you get
the most tax-efficient structures.

2. Avoid overpaying for complicated unnecessary investments
We advise on methods for avoiding additional or unnecessary costs for when
investing or drawing down on profits from investments.

3. The right plan for you
Different investments structures make sense for people at different points in
their lives. We run a ‘sanity check’ on your investment portfolio and make
sure you aren’t taking unnecessary risks.

FAQ:
1. What is the difference between wealth accumulation and wealth
preservation?
2. When does the preservation phase begin?
3. When should I start thinking about wealth preservation?
4. What are some typical situations where my accumulated wealth will be
negatively affected?

Process

When working on you with your wealth accumulation & preservation, we engage in a wide range of activities. Our holistic approach means it can be difficult to get in all down in one list, especially given how much our customers financial situations can vary.

That said, in a typical situation the first thing we do is evaluate your capacity to take risk. We do this by answering some key questions:

 

What Is My Risk Tolerance?

There are many things to consider when determining the answer to a seemingly simple question; “What is my risk tolerance?” The answer will vary based on your age, experience, net worth, risk capital and the actual investment being considered. There are investments for every level of risk tolerance, from capital guaranteed investments to 100% equity funds. Your Advisor will complete a risk questionnaire with you prior to making any recommendation which will give an indication to your risk tolerance. Once this process has been completed we will be able to apply the knowledge to a balanced and diversified investment portfolio to suit your risk profile.

What’s my available Investment Amount?

How much money you have to invest will dictate how far you can spread your investments and how much you will need to retain as an emergency fund. What is the right term for me? What is the ideal timescale for the best return on your investment?

When will I need to access my investment?

Is it likely that you might need access to some or all of your funds in the short term? Based on the answers to the above questions, we build a suitable portfolio based on your capacity & appetite for risk. Although wealth preservation does require some risk; the key is to also balance some of the volatility that is the nature of investments. Over time, the funds within your portfolio will perform differently. Proportions held in the different assets will change. Therefore, we work with you, taking action to rebalance your portfolio to maintain your risk level. Many people approach their maximum earning potential in their forties. This is when portfolios might begin to shift toward a mix of growth and preservation- oriented strategies and investments.

Planning your Investment Your Blackhall Financial Services Adviser will ask you some key questions to ensure you have all the information you need to make the right choice. What Is My Investment Goal? The most important question to consider before making any investment is, “What am I trying to accomplish?” Your investments will differ vastly if, for example, you are trying to save money for retirement versus trying to save money for a down payment on a house.

The best time to plan for your Wealth Accumulation & Preservation was 10 years ago.

The second best time is now! Get in touch with us to discuss your financial strategy as you move forward in life.

WHAT OUR CUSTOMERS HAVE TO SAY

We’ve helped a range of people and business owners accumulate, protect, and activate wealth over the years, and our customers can attest to the long term holistic relationship we build with them over the years.

Blackhall Financial Services have just saved my family a considerable amount of money and released a substantial cash lump sum at the same time. I asked the firm to review existing life insurance policies for myself and my husband to see if a reduction in our premium was possible. We now have adequeate if not better life insurance cover Not only are we paying a considerably lower monthly premium, but there was a cash build up in the policy, of which we had been unaware and which we were delighted to be able to access. The whole process took only a matter of days. The staff at Blackhall Financial Services are exceptionally knowledgeable whom I most heartily recommend`

Deirdre O`Kane

I have absolute trust in the Directors & staff of Blackhall Financial Services I perceive that there is much knowledge & experience in the team and to date, I have never been let down or given bad advice. I feel that I can ask for advice to help me make a decision and when a decision has been made the team will either execute it fully or support me in my efforts to execute it. The personal relationship I have with team in Blackhall Financial Services is paramount to me. There is a lot of respect in our business dealings which has created good friendships and both of these make me feel that your firm will always offer me the right advice to ensure that I benefit, even though Blackhall might not benefit directly

Tony Nerney

Want to learn more about Wealth Accumulation & Preservation?

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Start your Financial Planning journey today!