We are excited to announce that we have been granted our own Australian Financial Services Licence (AFSL) and have welcomed
Tom Napier, CFP, as a Partner of the firm.
Our Vision
Our vision for mi-fi has always been to provide integrated accounting, business advisory & wealth services to help our clients build successful and rewarding careers, businesses, and families. We expanded our business advisory capability with the addition of Brittany Lincoln as a Partner of the firm last year. We have now added wealth (financial advice and planning) as the third pillar of our in-house service capability.
Australian Financial Services Licence (AFSL)
The process of obtaining an AFSL is no small feat. The costs and requirements of ASIC are extensive, and few boutique firms have the capabilities and experience to meet the required standards. We are proud of our achievement and consider ourselves privileged to have recently obtained our AFSL. Having our own AFSL will mean that we can design and deliver a financial advice service for our clients that is highly personalised and meets clients needs. It also makes us one of only a few boutique professional services firms that have both a tax agent licence and an AFSL, allowing us to provide comprehensive and truly integrated tax and financial advice.
New Partner – Tom Napier
We are thrilled to welcome Tom Napier to the firm as a Partner leading our new Wealth division.
Some of you would know Tom through his previous work as our financial advisor through our partnership arrangement with Partners Wealth Group. This partnership, which has been in place since 2017, is now coming to an end as we bring our wealth capabilities in-house.
Tom has been in the financial advice industry for over 12 years and is a Certified Financial Planner®, which is the pre-eminent designation in financial planning. He also holds a Bachelor of Business majoring in accounting. He is right at home in an office full of accountants and thrives on collaborating with his peers to achieve the best outcome for clients.
How we can help
We can help you in the form of advice specifically addressing a particular issue you have or, more meaningfully, in the form of a comprehensive financial plan and ongoing support to achieve it.
To us, financial advice isn’t just about investments; it’s about empowering you to fully understand your financial situation and supporting you on the journey to achieving your definition of wealth.
We do this by helping you to answer the following questions:
- Values – What are your closely held beliefs that form your view of money? What is important about money to you?
- Goals – What are your tangible goals that take money and planning to achieve?
- Legacy – How do you want to be remembered and by who?
- Cash flow – Are you creating surplus income? How are you making that surplus work for you?
- Debt – Are you using debt productively to accumulate wealth?
- Investment – Are you accumulating productive assets? i.e. assets that compound over time.
- Retirement – Will you have enough to fund your life when you stop working? When does work become optional?
- Tax – Are your wealth-generating activities tax effective? i.e. How do you limit the impact of tax on your wealth creation?
- Risk – What is the financial risk inherent in your life? How could it stop you from achieving your goals? Are you comfortable with it? If not, how can you protect against it?
- Structures – What are the legal and tax entities that hold and conduct your wealth-generating activities? Are they appropriate?
- Transfer – What will happen to any assets that are surplus to your life’s needs? Who will you transfer them to and when? i.e. during your life or when you die? How will you be confident this will happen the way you want it to?
Get in touch
If seeking financial advice or building a comprehensive financial plan is something you have been thinking about, we are ready to help. Please get in contact with us for an initial consultation to understand how we can help.
This article should be read in conjunction with the general information disclaimer found here.