Minimize wash sales
Step 4: Time
to act
Step 5: Reviewing
your advice
Manage a fund's yield
Step 1: Getting to know you and what you want to achieve
Step 2: A recommendation just
for you
Statement of Advice
The next step is for your adviser to prepare a Statement of Advice, outlining their recommendations.
Step 3:
Statement of Advice
A recommendation just for you
Once your adviser has a clear picture of your objectives, they will identify any issues and gaps in your finances.
Getting to know you and what you want to achieve
Your adviser will begin with some easy questions about your age, any dependants, and investments and/or debts; and then move to deeper questions like your financial goals, your attitude to risk and your expectations around retirement.
Manage a fund's yield
Managing yield isn’t about eliminating yield. It’s about understanding the tax rules and maximizing the amount you get to keep.
Reviewing your advice
Make sure to regularly review the advice you get, so it stays up to date with your changing needs and objectives.
Time to act
If you are comfortable with what's in your Statement of Advice, your adviser will give you all the support you need to implement their suggestions.
Minimize wash sales
The benefits of tax-loss harvesting can be negated when sold securities are repurchased within 30 days. It's important to be mindful of this Wash Sale Rule. Our total portfolio approach can help minimize wash sales.
