Who Is BOA Private Wealth?​

BOA Private Wealth is a boutique financial planning services that bridges the gap between accountants, solicitors, and the financial services community. We specialise on working with professionals, business owners, families, and retirees to provide clarity and insights and build and preserve their wealth. We work as partnership with our clients to provide tailored personal advice to help them to achieve their life goals.

Meet our principal financial adviser

Michelle Li, our principal financial adviser, who has built a great reputation and strong relationship with her clients over the past 10 years.

Michelle commenced her financial planning career in 2012. She worked as private and premium bank financial adviser in well-known institutions like Westpac and ANZ.

She specialises to provide holistic financial advice including superannuation, SMSF, investment, risk management, retirement planning, wealth creation and personal insurance.

Education background

  • Certified Financial Planner (CFP®)
  • Master of Financial Planning,
  • Bachelor of Finance
  • SMSF specialist
  • Margin lending specialist
  • FASEA Financial Adviser Exam

Our Values

Clarity – We provide clarity to simply the mist of wealth creation, retirement planning, tax effective strategy. We are upfront about all aspects of client relationships and put clients’ interests first. We recommend solutions only where these meet a client’s needs.

Insights – We specialise on building, manage and preserve wealth. We use our expertise to provide insights to our clients at various life stages to ensure our clients have appropriate strategy in place to achieve outstanding results for clients.

Partnership – We listen carefully to clients’ objectives and break these into goals, which we report on their progress to their achievement of these goals. Using the latest research and tools, we remain focused on ensuring clients are delivered great results.

Professionalism – We comply with the Code of Ethics issued by ASIC which is a set of principles and core values that lay the foundation of our profession. This code is a principles-based model that provides us a powerful framework which both shapes and reinforces our ethical conduct. We are committed to offer a professional service, informed by this Code of Ethics that which shapes every aspect of our professional conduct. We consider this code and the Standards within as our legal obligation and the foundation of our professional conduct.

Our approach

Your lifetime map to financial freedom

Personal Financial Plan

BOA Private Wealth Process

We know different people have different financial goals to achieve, but we also know that having a disciplined, structured and monitored processes to managing your financial affairs pays big dividends.

We take a step by step approach to providing financial advice

Understanding Your Goals and What is Important to You
Assessment and Recommendations
Actions Meeting
Ongoing Monitoring and Regular Review

Investment management

We offer a tailored investment strategy to our clients. We understand the importance to have appropriate holding structure to achieve ideal after-tax outcome.

We offer a broad range of listed and managed investment options across Australian and Global Shares, Australian and Global Property, Credit, Fixed Income, Bonds and cash, Infrastructure, Alternatives and ESG (Environmental, Social, and Governance) Investing.

The key to achieve optimal investment result is to have the appropriate asset allocation, a balance between risk and return. This is primarily determined by our client’s needs and objectives.

Our servicing including:

  • Initial and ongoing risk tolerance assessments
  • Investment portfolio construction including tax effective strategies
  • Asset allocation service
  • A broad range of investment options including listed and managed investment
  • Rebalancing of investment portfolios
  • Investment administration, report keeping services and consolidated tax reporting

Superannuation and Retirement planning

Super is a way of saving for retirement. It is also a tax effective tool to build and preserve wealth for you and the family.

We offer a wide range of Superannuation and retirement planning strategies in an ever-changing legislative environment to build wealth in a tax effective environment.

Some Benefits of looking after your super

  • Using super to buy your first home
  • Earnings on investments within your super fund are taxed at maximum 15%
  • Effective strategy to reduce your personal income tax
  • If you’re aged 60 or over, income from super is usually tax-free
  • Super benefit maybe tax free in certain conditions

Retirement Income Streams

Retirement means different things to different people. For some, it’s a definite point in time when work stops, and a new phase of life begins.

For others, retirement may be a gradual process where they vary their working hours as priorities shift, or perhaps leave employment and then return.

Where your retirement income can come from?

  • Your super
  • Investments and savings
  • Government benefits
  • Your business
  • Your home

We offer a range of tax effective, flexible retirement income strategies which cater for different styles of retirement.

Sefl-Managed Super Funds

Self-managed superannuation funds (SMSFs) are established by investors who seek greater independence in managing their super fund and a more hands-on approach over their choice of investments.

There are a range of benefits in establishing an SMSF:

  • Potential to reduce the costs involved in managing your investments
  • Potential for greater investment choice and control over investment strategies
  • Opportunity to achieve the income you need for retirement
  • Provision for beneficiaries through Estate and Succession Planning
  • The ability to transfer holdings into a generally more tax-effective environment
  • Business owners may be able to buy their own business premises in the SMSF

We specialise in helping you structure your superannuation effectively. Our integrated approach includes:

  • Setting up a suitable super structure such as Self-Managed Super Fund (SMSF) for you
  • Tax effective structuring for your underlying investments
  • Understanding your retirement plans and the finances you need to achieve them
  • Designing a financial strategy to help you turn your retirement plans into reality

Wealth protection – Personal Insurance

Whether you have a family who is financially dependent on you and/or have income serviced debts, our insurance experts offer the right insurance advice for your peace of mind. Our financial advisors offer tailored wealth protection advice to reduce the risks associated with wealth accumulation and the protection of what you have already acquired. Having a financial safety net in the event of sickness, disability or death can help ensure you and your family are protected during a difficult time. No matter what lies around the corner, we are here to ensure you are financially protected, from death and trauma cover to income protection and business overheads insurance.

We help you assess the level of personal risk insurance you need, whilst also being able to arrange cost-effective insurances to protect you and your family financially in case you die or suffer an accident or illness. Our wealth protection and personal risk insurance services cover the following:

  • Life insurance
  • Total Permanent Disability Insurance
  • Trauma Insurance
  • Income Protection Insurance
  • Child insurance
  • Needlestick insurance

Estate Planning

Estate planning is about structuring and managing your investments so they can be transferred smoothly and tax effectively to your beneficiaries in line with your wishes. Enjoy peace of mind knowing that your investments will help your loved ones be financially secure through their lives.

We offer estate and asset protection planning which can provide peace of mind knowing ownership, control and maintenance of assets and cash flow continues to intended beneficiaries in a tax effective and efficient manner in times of disruption.

Insurance and Estate planning

Are you self-employed or a small business owner? Have you ever thought about how the business would survive if you were unable to work for an extended period of time? What about if a key person or partner was to leave or die?

Having a buy/sell agreement in place if you are in partnership or own equity in a business is very important for business owners. The death of a key person or partner could potentially destroy a business or force remaining partners to sell if an agreement is not in place.

Succession planning is about having a strategy in place that will protect your interests and all other parties involved.

We understand small business owners’ needs. Our wealth protection services cover the following:

  • Business Expenses Insurance
  • Key Person Insurance
  • Buy sell agreement

Superannuation, Investment and Cashflow

As you already know, working for yourself means that nobody is contributing to your superannuation and retirement except you. This means you must allocate funds to ensure you will have enough savings for your future. Relying on the sale of your business for retirement is not a comprehensive strategy. You may not be able to sell when you like or the business may not be worth what you are expecting, especially without you as the operator.

Contributing regularly to superannuation not only provides security for your future, it also provides an effective tax strategy as contributions are generally taxed at a lower rate when compared with your personal income.

A diverse investment portfolio can provide additional income or build towards your retirement goals. Depending on your situation and risk profile, we can advise on a structured portfolio which will meet your needs and give you access to funds when you require it. This is an added benefit when compared to superannuation as withdrawals must comply with a condition of release.

Cash flow and access to funds when income fluctuates is a major consideration for people who are self-employed or small business owners. A plan must be created to identify what is needed for ongoing expenses, what should be done with surplus income, and what options are available for your particular needs.

Get in Touch

BOA Private Wealth Pty Ltd ABN 69 655 053 124 is a Corporate Authorised Representative (No. 1295364) of GPS Wealth Ltd | AFSL 254 544 | ABN 17 005 482 726 | Website: www.gpswealth.com.au

General Advice Warning
The information contained on this website has been provided as general advice only. The contents have been prepared without taking account of your personal objectives, financial situation or needs. You should, before you make any decision regarding any information, strategies or products mentioned on this website, consult your own financial advisor to consider whether that is appropriate having regard to your own objectives, financial situation and needs.