Our Process

What can you expect from New Wave SMSF?

At New Wave SMSF, we know that nobody understands your financial goals better than you do. That's why our process for onboarding new clients is designed to gather as much information as possible about you, your business, your financial position, and your unique needs and goals from the outset. As the accounting and financial planning landscape is constantly evolving, we also strive to stay up-to-date with the latest trends and practices.

By fully understanding the ins and outs of your superannuation, we are better equipped to provide you with strategic financial advice and help you achieve your growth and success goals.

To make our process as efficient and effective as possible, we have broken it down into five simple steps. This approach ensures that we can provide you with the highest level of service while minimizing any disruption to your business operations.

New Wave SMSF.

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Tel: (07) 55041999

Our 5-Step Process.

Step 1. Discovery

At our firm, we understand that everyone is unique, with their own set of challenges, goals, and requirements. That's why our initial meeting with new clients is all about discovering as much as we can about your business, your financial situation, and your objectives.

During this discovery phase, we take the time to get to know you on a deeper level. We will ask you questions about your business/personal financial positions, financial performance, and future plans. We will also discuss any concerns or challenges that you may be facing.

We believe that this initial discovery process is critical to establishing a strong foundation for a successful partnership. By understanding your financial position, we are better equipped to develop tailored strategies and solutions that meet your unique needs and goals.

Our goal is to gain a complete understanding of your business and financial situation so that we can provide you with the best possible advice and guidance.

Overall, our focus on discovery sets us apart from other firms. We believe that by taking the time to truly understand our clients' businesses, we can help them achieve long-term success and growth.

Step 3. Proposal

After completing a thorough review of your SMSF requirements, we will provide you with a detailed proposal that outlines our recommended strategies and solutions to help you achieve your financial goals.

Our proposal will be tailored specifically to your unique needs and will be designed to help you maximize your returns while minimizing risks.

We believe in transparency and will explain our recommendations in simple, easy-to-understand terms, without any confusing jargon or technical language. Our team will take the time to answer any questions you may have and ensure that you fully understand the options available to you.

Our proposal will also outline the costs associated with our services, including any upfront fees and ongoing expenses. We are committed to being transparent with our pricing and ensuring that you fully understand the costs of our services.

At this stage, you will have the opportunity to review our proposal and provide any feedback or ask any additional questions you may have. We want you to feel confident in our recommendations and will work with you to address any concerns or questions you may have before moving forward.

Step 4. Implementation

After our team has thoroughly reviewed and analyzed your SMSF situation, we move into the implementation stage. This is where we put the tailored financial strategies into action. We work closely with you to ensure a seamless and stress-free implementation process.

Our team handles all the necessary paperwork and documentation, making sure that everything is in compliance with SMSF regulations. We communicate with you every step of the way to ensure that you are fully informed about the process and any developments.

We also offer ongoing support to ensure that your SMSF stays on track and aligned with your goals. Our team regularly monitors your account and provides timely updates and recommendations to ensure optimal performance.

At every stage of the process, our focus is on achieving the best results for you and your SMSF. Our team is dedicated to ensuring that you have a successful and stress-free experience with our all-in-one SMSF service.

Step 5.
Compliance & Review

At our SMSF accounting and financial planning firm, we understand that ongoing compliance and maintenance are crucial to the success of your self-managed superannuation fund. That's why we offer an all-in-one service that includes regular reviews and maintenance of your SMSF.

Our team of experienced accountants and financial planners will work with you to ensure that your SMSF remains compliant with all the latest regulations and rules. We'll take care of all the paperwork, including tax returns and audits, to ensure that your SMSF remains compliant and up to date.

We'll also provide you with regular reports and reviews to keep you informed about the performance of your SMSF. Our goal is to ensure that your SMSF continues to meet your financial goals and objectives over the long term.

Our ongoing compliance, maintenance and review service includes regular reviews of your investment strategy, asset allocation, and risk management. We'll work with you to identify any potential risks and opportunities, and make recommendations to help you achieve your financial goals.

At our SMSF accounting and financial planning firm, we believe that ongoing communication and collaboration are key to the success of your SMSF. That's why we'll work closely with you to ensure that you have a clear understanding of your SMSF and how it is performing.

Contact us today to learn more about our ongoing compliance, maintenance and review service for SMSFs.

Step 2.
Research

When it comes to providing financial advice for your SMSF, we take a comprehensive approach to ensure we provide the best possible recommendations.

Our team of experienced SMSF accountants and financial planners will meticulously review your financial information, including your superannuation fund's balance sheet, income statement, and cash flow statement. We also take into consideration your investment goals, risk tolerance, and current economic conditions to provide tailored advice for your unique situation.

Our review process is thorough and ensures that we have a deep understanding of your financial situation before we provide any recommendations. We will work closely with you to identify any potential areas for improvement or growth, as well as any risks or challenges that need to be addressed.

Our goal is to provide you with sound advice that helps you achieve your financial objectives and sets you on a path to long-term success.

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Frequently asked questions

Financial Planning FAQs

Accounting FAQ's

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New Wave SMSF financial planners offer a wide range of services to help clients manage their self-managed superannuation funds (SMSFs). Some of the services we offer include:

SMSF set-up: An SMSF financial planner can assist clients with the establishment of a new SMSF, including the preparation of trust deeds, appointing trustees, and registering the fund with the Australian Taxation Office (ATO).
Investment strategy development: SMSF financial planners can work with clients to develop an investment strategy that is aligned with their financial goals and risk appetite. This includes selecting investment assets, determining asset allocation, and monitoring investment performance.
Compliance and administration: SMSF financial planners can help ensure that clients' SMSFs remain compliant with regulatory requirements, including the preparation and lodgement of annual tax returns, financial statements, and other reporting obligations.
Retirement planning: SMSF financial planners can help clients plan for their retirement income needs, including determining their retirement goals, estimating retirement expenses, and developing a strategy for drawing down on their SMSF assets.
Estate planning: SMSF financial planners can assist clients with estate planning, including the creation of binding death benefit nominations, the establishment of testamentary trusts, and the development of succession plans.
Risk management: SMSF financial planners can help clients manage risk within their SMSFs, including insurance needs analysis, the selection of appropriate insurance products, and the development of risk management strategies.It’s a great way to help people navigate your site and can even boost your site’s SEO.
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The amount of money required to start an SMSF will vary depending on your individual circumstances, goals, and investment strategy. While there is no minimum amount required by law to establish an SMSF, most financial experts suggest that you should have at least $200,000 to $500,000 in superannuation savings to make an SMSF cost-effective. Before deciding to start an SMSF, it's recommended to seek professional financial advice to ensure it's the right choice for your individual circumstance

Our Process

Our 5-Step Process.

Step 1. Discovery

Step 3. Proposal

Step 4. Implementation

Step 5.
Compliance & Review

Step 2.
Research

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Frequently asked questions

What services do you offer?

Is an SMSF the right choice for me?

What are the investment options available to me in an SMSF?

How much super is recommended to start an SMSF?

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