Wealth management is essentially financial advocacy for one’s client. While many of the large financial firms are trying to turn their advisors into wealth managers, this has proven to be no simple feat. To date it has mainly been reflected in financial advisors offering a wider range of products, which suggests a lack of understanding of what true wealth management is all about. Affluent investors need expert advice on a plethora of issues aside from where to invest their money. This includes taxation, superannuation, structuring, estate planning, succession planning and philanthropic services to name a few. Even where the large firms do have specialists in those fields the ethos of these organisations is not conducive to sharing such information. The tendency for large institutions to arrange themselves in product silos, each with their own budget and sales goals makes information sharing, even where available, an unlikely outcome.

True wealth management means to bring to bear “best in class” professionals across the broad spectrum of unique needs that affluent clients have. We at MCG Wealth are able to do this through the deep relationships that have been developed over several decades serving the affluent market. Because we work exclusively with “best of breed” providers, our clients achieve superior results compared to traditional advisors and money managers. In today’s environment such relationships must be global as well as domestic.

We have completely removed the conflicts of interests that exist in the wealth advisory business. Most institutions are substantially motivated to keep your assets “in-house” for their own profit. This creates a conflict of interests and prevents you from being exposed to the best-of-class managers who can provide the exact services you need. We accept no commissions and participate in no fee-sharing arrangements of any kind. This means we are completely free to choose from the entire universe of available talent to achieve superior investment results for our clients.

Our investment philosophy is quite simply to avoid losing capital. The key to long term investment success is to protect capital values during the cycle when markets threaten with significant reduction in capital values. It is important to preserve capital when risks threaten so there is more to compound when the clouds depart. After one of the longest and most profitable investment cycles ever, it would seem that the tail winds are gone. It is likely that the next decade or longer will not produce returns close to what has been achieved over the past two decades. It is precisely this environment when “rear view” investing proves to be the down fall of many investors. To fulfil our commitment to our philosophical approach we structure portfolios upon absolute return managers and risk management strategies.