It’s a simple question. But with a market choice of over 5,000 managed investments and around 2,200 stocks, the answer is most definitely not. Finding the right investment mix to meet your needs can be a complicated and bewildering process.
Work with your adviser
Which is why working with a financial adviser is the best decision you can make.
Together you build a portfolio that is relevant for your time of life, based on your current circumstances, and adjusted for your attitude to risk.
Your adviser does the hard work.
You get on with the important business of enjoying your retirement.
Confidence and clarity
Key to building a portfolio is choosing investments. At First Financial the advisers draw from a pre-approved list of around 200 highest quality investments.
The unique in-house Investment Committee is a team of economists, talented planners and external consultants who constantly review the approved list looking for opportunities.
These experts provide quantitative and qualitative due diligence, monitoring, and insight to produce a “best-of-breed” investment choice. So the advisers can focus on the client. And construct your portfolio and strategy with clarity and confidence.
Our investment choice
At First Financial we favour assets that produce significant stable income streams over those where returns primarily come from capital gains.
We like large cap equities that provide a more stable cash-flow and more transparency than some managed funds.
We prefer mainstream assets that are easily understood.
We like liquid assets that are easily accessible.
Building a portfolio
Understanding each client’s circumstances is critical when building an investment portfolio. This means unpacking your retirement objectives.
How much money will you need to fund your lifestyle? What’s your wish list? Will you work again? To what extent will you get the age pension? What type of bequest do you want to plan for?
Over a series of personal one-on-one sessions, we track your current circumstances and financial position.
Together we take a detailed look at your retirement goals and aspirations. How much cash-flow you need to achieve those goals is critical.
Avoid the cookie cutter approach
At First Financial, we don’t fit our clients into a profile type. We use a unique, client-first methodology to get an honest picture of your retirement profile.
So we’re able to choose an asset allocation and build a portfolio that matches your needs and your tolerance to market risk.
The result is a retirement plan that achieves your goals.
For a retiree this means cash-flow is delivered when you need it. Even when the markets fall. We don’t avoid discussing the possibility of market fluctuations. We want our client’s to be informed and prepared.
The best way to do this is with a strategy that preserves capital by managing the true risk – selling at the worst possible times. And we position our retiree clients to always have cash-flow to last a market downturn.
We cannot guarantee you will always be immune to fluctuations in the market. We CAN build an investment portfolio to protect you from having to sell during those times.
Buckets of cash!
We do this by positioning a client’s expected cash-flow into buckets. Three to be precise!
We maintain 12 months’ cash in the client’s first bucket, in the second fixed-interest bucket we keep one to five years cash-flow.
The third bucket holds a client’s long-term, five-year-plus portfolio.
We take your future very seriously. You’ll always have cash-flow, even when the markets take a dive.
You’re in safe hands
The best investments for retirees provide cash-flow and growth in a robust portfolio that meets your needs and lasts your lifetime.
Working with your advisor is a long-term collaboration.
Our job is to structure your investment portfolio so you have a sustainable cash-flow and the confidence to spend it on your retirement dreams.