Episode 13 | Three key complexities of wealth management

The Purposeful Investor

In this episode of The Purposeful Investor, host Aden Wilkins and Capital Partners Founder David Andrew delve into the intricate world of affluent investors and the evolving landscape of generational wealth. Beginning with a client's inquiry into Australia's net worth demographics, they unpack the concept of affluent investors, emphasising the transition from financial status to complexity management.
Exploring global wealth trends and Australia's wealth distribution, they highlight the rise of high-net-worth individuals (HNWIs) and the importance of preparing the next generation for wealth stewardship.
Advocating for financial literacy and equality within families, they discuss practical steps and initiatives to empower heirs and ensure effective wealth management, underscoring their commitment to guiding families towards a future of prosperity and fulfilment.
0:00-1:11 - Introduction and welcome
1:11-5:00 - Athlete investors and three types of complexity
5:00-10:46 - The three types of complexity - time, technical, emotional
10:46-15:14 - Wealth statistics in Australia, other countries, definition of HNWI
15:14-19:23 - Additional statistics on wealth distribution and real estate values

Resources:
Australian Statistics
Knight Frank Wealth Report
What does $1M USD buy you in SQM across different cities
What does it take to be in the top 1%

For more information on Capital Partners visit capital-partners.com.au.
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This episode provides general advice only. Always refer to your financial adviser for advice about your personal circumstances.
Capital Partners Consulting Pty Ltd AFSL 227148 trading as Capital Partners Private Wealth Advisers ABN 27 086 670 788.