Wealth Creation

WEALTH CREATION ACCOUNTANTS PERTH

Brentnalls WA are trusted and reliable wealth creation accountants in Perth, Western Australia. We have provided wealth creation and financial planning services to hundreds of businesses in WA and throughout Australia for the past 24 years.

Our team of experienced, hardworking wealth creation tax accountants and business coaches will implement a variety of strategies to grow your business and set up for future success.

We look at a variety of factors to take the best approach for your business.

WHAT DO WEALTH CREATION ACCOUNTANTS DO?

Wealth creation accountants perform a multitude of activities to focus on helping you thrive financially personally and professionally. Their goal is to help you accumulate wealth to meet your personal needs and to assist you and your business by implementing strategies to protect your wealth.

Our team of business accountants and advisors utilise proactive and strategic planning and management to encourage your business’s growth. We draw from our experience and business insight to help you succeed in a trustworthy and legal manner.

Our wealth creation services take a holistic approach to growing your business.

WEALTH CREATION PROCESS

To get the best results in terms of the wealth creation process, it is essential to consider both your current position and future goals.  At Brentnalls WA, we follow a unique wealth creation process to achieve your goals and address the key issues and opportunities from a personal and business perspective.

Personal Plan

To help you grow a sustainable profitable business, we need to understand your personal financial goals and personal plan.  Once we understand your personal plan, we can then focus on the plan for the business.  The personal plan looks at all aspects of your personal and business life to identify and address any key issues, including:

  • a lack of clear and common business goals among the various business owners;
  • a business owner approaching retirement;
  • business owners working too many hours which impacts on their personal life e.g. not being there for children growing up or lacking time to pursue hobbies.

The personal plan process will prioritise your business, family and personal goals into a structured plan.  In addition, your plan considers:

  • your short-term and long-term goals;
  • your succession plan;
  • risk management;
  • your estate plan;
  • your retirement plan, including any funding gap in relation to your retirement needs.

Through this process, we work with appointed specialist legal and financial planning professionals to ensure you have a plan suited to your circumstances and aligned to your personal and financial goals.  In collaboration with your appointed financial planning professional, your plan will consider various superannuation and pension strategies to ensure you maximise your after-tax position.

Your plan will be regularly reviewed to ensure it remains relevant and to make sure you keep on track to achieve your goals.  This plan is your ‘peace of mind’ to ensure the financial security of you and your family.

Wills and Estate Planning

60% of Australians die without a current will.  Did you know that your will only deals with the assets of your estate (essentially assets held in your name)?  It does not include assets like your family home (if held as ‘joint tenants’), insurance and superannuation policies, and assets held in your family trust and your private company.

We take a holistic view from a financial and legal perspective to ensure your personal, family and business interests are protected.

We ask important questions to make sure you are prepared and to assist you in preparing for future success.  In the event of your death, or if you get sick, suffer memory loss, or become incapacitated:

  • Who will manage your investments or pay the household bills?
  • Who will be the guardians to look after your children?
  • What will be the impact on your business? Can the bills be paid?
  • Do you have an appropriate partnership or shareholder agreements in place to protect your family?

Our focus is to protect all your interests for today and in the future.  Our comprehensive estate services are your peace of mind to reduce the burden on family and friends.  From your personal perspective, we can prepare your estate plan and organise your powers of attorney and any guardianships.

Asset Protection Review

In addition to personal and business financial planning, and wills and estate preparation, we can also review your assets and determine a plan to protect and secure existing assets.

We will review your various entities – including directorships, ownership of assets and security for personal loans to the business – from a risk protection perspective to ensure you are covered should an unexpected event happen.  We can also help you organise risk protection insurance to safeguard your business.

We also facilitate regular family council meetings to ensure the interests of the family are understood and protected.

Want business advice and tips now?
Check out our blog.

WEALTH CREATION SERVICES

In addition, we can assist you with the following wealth plan services:

  • Business and personal budgeting & cash flow planning
  • Preparation of an asset protection plan
  • Estate planning
  • Co-ordinate the setup of a Self-Managed Superannuation Fund (SMSF)
  • Preparation of a business succession plan to achieve your goals
  • Retirement planning

Want business advice and tips now?
Check out our blog.

WHY CHOOSE BRENTNALLS WA?

EXPERIENCED

We have provided wealth creation and protection services to hundreds of businesses in Perth and Australia over the past 24+ years. Our team comes from a variety of backgrounds in the accounting, financial, and business consulting industries, giving us a broad understanding of business and personal finance.

CREATIVE

Our team of corporate advisors and chartered accountants are constantly looking for new, innovative ways to help your business thrive. We use our tried and tested processes alongside new developments to give you the best results.

HOLISTIC

We don’t just look at one part of your business – we assess all areas of your business to encourage business success. Our wealth creation and protection services are complemented by our business advice and strategy, as well as taxation advice.

CONTACT BRENTNALLS WA

We are here to help you and your business thrive financially. Contact us today for more information on our wealth creation services or request a free business review to start protecting your business’s assets today.

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OUR DIRECTORS

Chris Mandzufas

Chris Mandzufas

Chris has a diverse range of skills and experience as a result of providing accounting, taxation, advisory board and management consulting services to owners and directors of fast growing businesses.

Chris Smith

Chris Smith

Chris Smith has been a member of the Chartered Accountants Australia & New Zealand since 2006, a member of the Tax Institute of Australia since 2013, and a registered Tax Agent since 2018.

Tony Monisse

Tony Monisse

Tony’s key focus is the integration of strategy and financial management. To this end he has developed tools and process that facilitate this integration, including business modelling, target setting and rolling cash flow forecasts.

Maximise your Business Potential

Whether it’s business growth, improved profitability and cashflow or streamlining operations to improve work/life balance, we can help you achieve your business goals. Gain clarity on which strategies will accelerate the success of your business

Our Impact

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INCREASE IN PROFIT AND CASHFLOW

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IMPROVED ALIGNMENT AMONG LEADERSHIP

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IMPROVED CLARITY IN FINANCIALS AND FINANCIAL WELL BEING

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IMPROVED STRATEGIC FOCUS

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GREATER ACCOUNTABILITY AMONG LEADERSHIP

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IMPROVED MULTIPLE FOR BUSINESS VALUATION

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