Australia is entering a pivotal phase in its financial history: the largest intergenerational wealth transition ever recorded. An estimated $3.5 trillion is expected to change hands over the next two…
For executives and senior professionals, shareholdings, including Executive Share Schemes (ESS) and other equity investments are more than just a reward for service. They’re legal assets that must be carefully…
Shares are often more than just financial instruments, they represent years of strategic contribution, leadership, and reward. For executives and senior professionals across industries such as health, biotechnology, pharmaceuticals, construction,…
For executives and senior professionals, whether in health, biotechnology, pharmaceuticals, construction or technology, Executive Share Schemes (ESS) can be one of the most valuable components of remuneration. Over time, these…
For many high-earning professionals, executives and business owners, there’s a quiet confidence that serious illness, injury or death is something that happens to other people. But life doesn’t always follow…
Stepping away from a structured executive role—whether through redundancy, a career pivot, or personal decision can open the door to a compelling next chapter: consulting. For many executives, consulting seems…
Are your super contributions really working in your favour—or are you unintentionally leaving money on the table? As a high-earning executive, you will have heard about salary sacrifice and may…
Cash bonus season presents a unique opportunity for executives across various sectors to make substantial strides toward their financial goals. However, without a strategic plan, these bonuses can quickly be…
As business leaders and executives, you manage a myriad of responsibilities daily, and while you might recognise the importance of estate planning, it often ends up a lower priority. In…
As adult children reach significant life milestones, such as entering the property market or starting families, many successful professionals find themselves in a position to provide financial support. This assistance…
For high-earning executives, creating wealth is just the beginning; safeguarding it and ensuring it can be managed effectively across generations presents a whole new set of challenges. Unanticipated events—be they…
For high-income executives, superannuation offers a unique opportunity to grow wealth in a tax-effective environment. While many are familiar with concessional contributions, the lesser-known non-concessional contributions can play an equally…
When shares from an Employee Share Scheme (ESS) vest, executives face a critical decision: what to do with the vested shares? One often overlooked option is using those shares to…
Understanding Executive Share Schemes (ESS) and share vesting can be intricate and pivotal for senior executives and professionals across various sectors. These schemes offer significant financial incentives but also come…
For high-income professionals in competitive sectors, managing substantial assets and navigating complex financial landscapes are part of the daily grind. An invaluable tool in achieving financial flexibility and long-term benefits…
For high-earning executives and professionals seeking to optimise their financial strategies, navigating the intricacies of tax savings is crucial. While options may seem limited, understanding the avenues for tax effectiveness…
For high-earning executives and professionals residing overseas and contemplating a return to Australia, crafting a tailored investment strategy is crucial. We’ve previously written about the decisions surrounding surplus cash –…
For high-earning executives, navigating family dynamics often involves more than just interpersonal relationships—it includes managing delicate changes that can significantly impact the family’s wealth. As relationships evolve or as new…
As the end of the financial year quickly approaches, high-earning executives should consider engaging in strategic financial planning. This period presents a unique set of opportunities and challenges, especially with…
Estate planning often brings with it a cloud of uncertainty, especially when it comes to the financial legacy we leave behind. Executives and professionals often worry about the tax burdens…
For company or division presidents, heads of departments, chief executives and senior managers who have an Executive Share Scheme (ESS), you’ll be familiar with the term vesting. For those who…
Retiring overseas to some exotic location where the coffee is good and the lifestyle idyllic, not to mention cheap, is a bucket list item for so many of us hard…
The Albanese Government’s changes to Stage 3 Tax laws have now passed through the Senate effectively gifting $4,500 per year in extra cash to Australian’s who earn $190,000pa.
Regulatory requirements by US-based FINRA have meant executives, including contracted or non-employed executives with US tax residency, have not been issued their vested shares.
Despite having very high earnings, many executives have a wealth gap that has the potential to adversely affect their financial position. In simple terms, the ‘gap’ is the difference between…
When it comes to women and wealth, a recent report by a leading financial institution* revealed a number of interesting findings. Firstly, and not surprisingly, Australian women have diverse financial…
In recent months there has been an increase in redundancies across a range of business sectors. With many executives enjoying immediate re-employment, redundancy can provide a windfall that could very…
A leading financial services firm has revealed Australia’s ‘emerging affluent’ control an estimated $2.2 trillion in household wealth, which comprises property, investments and superannuation. With an average age of 37…
High earning executives with surplus cash have options. While spending it on travel, cars and jewellery can be fun, if your goal is to boost your personal wealth, paying down…
If you’re using a home loan offset account, you’ll be aware that surplus cash deposited into it reduces interest payable by ‘offsetting’ your loan balance. So what happens when your home loan…
Thank you to all those who attended our webinar, and for those who couldn’t make it, you can download the recording below. Here too are the key take out points:…
For some high earning executives, understanding the full value of their remuneration requires considerable time and effort. Unfortunately, time is a rare resource but nevertheless when changing jobs it’s important…
If you are among this year’s executives who have received an unwelcome tax bill courtesy of your executive share scheme (ESS) vesting, this article probably won’t change what happened.
While executives are usually well advised on matters of asset protection and estate planning, there are situations when their spouse’s estate plan can re-expose their personal assets and wealth to…
When it comes to superannuation, the Government seems to enjoy moving the goal posts from year to year. Even though contribution caps and eligibility rules change fairly regularly, super is…
In an everchanging workplace, role redundancy can happen for many reasons among the more common is a company restructure, introduction of new technology that replaces human effort, the business closes…
When you look under the hood of your super fund, you’ll find a portion of the balance is the ‘tax free’ component while the rest is the ‘taxable’. So what’s…
The financial impact of a relationship breakdown or divorce can be significant. Matrimonial money and assets are split and one or both parties can find themselves in a situation where…
While tax is a leading area of advice for accountants, it also exerts its considerable influence on financial planning. The very high incomes earned by executives and professionals is generally…
The Government’s Productivity Commission released a report in recent years that indicates approximately $3.5 trillion [1] in family wealth will transfer from the Greatest Generation (those who lived through the…
Executives and senior managers are highly paid. Your remuneration often includes an Executive Share Scheme (ESS) and this is almost always accompanied by considerable tax obligations.
Executives who hold all or a significant proportion of their wealth in their executive share scheme (ESS) may find themselves with all their financial eggs in their employer’s basket to…
Christmas office party overindulgences can quickly turn from good clean fun to breaches in drug and alcohol policies (not to mention the law) and changes in behaviours ranging from offensive…
If you’re thinking about making the switch from executive to consultant, there are important personal financial planning strategies, in addition to usual legal and accounting matters involved with setting up…
Future proofing your business may involve selling divisions that may not reflect core competencies or meet a changed strategic direction. This may be particularly relevant for businesses in areas of…
Over the past 12 months some executives may have experienced a drop in company share prices that has left them with considerable tax impacts including a tax bill that consumes…
In the wake of the global shutdown, executives are now increasing their movement in and out of Australia, and this can leave multiple jurisdictional financial, tax and legal footprints that…
As business leaders continue to battle with unrelenting staffing and supply chain issues, they are turning their attention to mergers and acquisitions as a solution for overcoming these immediate barriers…
Shares awarded under an Executive Share Scheme (ESS) have a taxing point at the time of vesting. Whether you retain the shares or sell them, the vesting of your employee…
The recent rise in interest rates has many people looking closely at their home loan. Whether you are thinking about switching lenders or not, the interest rate should NOT be…
The sentiment of ‘it’ll never happen to me’ is unfortunately, all too common. And it is especially so amongst a cohort of people (high earning executives, professionals and business owners)…
In what began as an experiment involving a number of our clients, we offered a legal retainer that created priority access to legal advice and value for money service that…
Staff retention and talent acquisition are key issues facing business leaders. A very low unemployment rate and an unsettled national workforce that, according to recent research, indicates an unusually high…
June 30 is just three short months away, and planning now will allow you the time needed to implement financial strategies that could help you to avoid paying what can…
Craig Barry, Accountant and Business Advisor shares his comments on the 2022-23 Federal Budget. While describing it as ‘a bit dull’, he did manage to identify five gems that he…
If there’s one thing I’ve learned, it’s that I’m not alone when it comes to dealing with what can often feel like substantial business challenges. It has also become clear…
For executives, job promotion brings increased salary and what’s not to love about that? Financial reward for a job well done is certainly good reason to celebrate, but there’s also…
What the world needs now are financially sound individuals. People who are informed about how they may best serve themselves and those around them to create a living legacy that…
In this article, we explore how Dollar Cost Averaging (DCA) can reduce risk caused by share market volatility and aid share value when you sell.
As the CEO of a growing group of companies, my day is busy to say the least, and it would be easy to allow myself to be distracted by what…
For business owners and executives, workforce management is amongst the most pressing of tasks. It’s made all the more difficult by regularly changing employment and industrial relations laws which simply…
Once upon a time, deals were done on the strength of a handshake. These days, however, it’s in everyone’s best interests to ensure any financial transaction is properly documented. In…
Executive Strategies is borne of a deep and personal understanding of the need for executives to perform over extended periods of time in what can be extremely high-pressure environments. I…
A recent Australian study indicates taking an ‘advised’ approach to financial planning, of which super can be a significant part, delivers outcomes that are on average 5.2% better [1].
For older people, separation and divorce is just as devastating as it is for younger people. Often called ‘silver splitters’, older divorcees usually have more complexity than younger couples, and…
In a survey conducted by a leading insurer, 58% of respondents indicated they would be unable to survive financially for more than three months without having to sell assets, if…
When you’re busy in your career, it’s so easy to put personal administrative matters off until another time – attending to your Will and Estate Plan, shouldn’t be one of…
Contrary to what you might think, for many executives their six-figure income is often a cause of cashflow problems rather than a remedy. It often comes down to the age-old…
In these modern times, when technology often replaces traditional methods of record-making, it’s not surprising that video Wills are being considered for those wanting to express their wishes when they…
Executive Share Schemes (ESS) have inherent complexity which is exacerbated when an employee has unvested performance shares and then has their position made redundant or takes a voluntary redundancy.
Managing workplace relations is challenging at the best of times, and now with the added pressure of changeable workplace requirements caused by COVID and made worse by the increased infectious…
No one likes to feel left in the dark when it comes to their financial security. However, the reality for most couples, particularly those in higher income brackets, is that…
In many workplaces, disruption caused by COVID has led to chaos, while others have remained (relatively) calm. Despite the nature of the pandemic, it’s been the quality of communication, policies…
The past 18 months has caused many executives, professionals and business owners to question what really matters. In discussions we’re having with clients, they are reassessing what’s important and raising…
Negotiating and entering into contracts is all part of a day’s work for executives and business owners. Nevertheless, there can be a lot at stake financially and the decisions made…
There’s so much to do when establishing a business, it’s enough to make your head spin. In my experience having established several new ventures over the years, investing in professionals…
It’s common for career executives to arrive at a cross-road in their professional life when their knowledge, experience and expansive network of contacts are such that they consider going into…
Recent headlines have suggested this year’s Federal Budget has something for everyone in it, so what does it have in it for executives?
For high earning executives who are returning from an overseas posting, your treatment of tax including foreign tax obligations is indelibly tethered to your personal prosperity. Understanding how tax is…
If you have surplus cash, you might be wondering what to do with it. Your options might be to contribute to your super fund, pay down your mortgage or maybe…
Wealth creation is a lifelong process that involves leveraging current financial resources with investment strategies that aim to provide returns that can fund current and future needs. But that’s not…
The differences that can save you money & TAX! The lending terms, home loan redraw and offset account, are often misunderstood. Mostly, because both arrangements allow borrowers to make extra payments toward their home…
Testamentary & Super Proceeds Trusts for Professionals & Executives Estate planning is about ensuring (when you’re no longer here) your assets are distributed to those you care about most and…