These testimonials have been provided to us by our clients. All testimonials are provided voluntarily, without payment, inducement or other benefit and are from genuine Paramount clients.
We started our relationship with Paramount almost 4 years ago. Back then we were firmly in the 'financially illiterate' camp! Coming from Europe, we didn't know what on earth superannuation was. We didn't know where to start with sorting out our personal insurance needs. We didn't understand the ins and outs of financial planning. Thankfully Wayne was there! He has saved us much pain and misery. Finally we didn't have to figure this out alone!
We are on the same wavelength as Wayne – our communication just felt right from the start. He helps us understand the process – that is, he dumbs it down for us! – which has saved us a fair bit of stress! So much so that we have been more than happy to recommend friends to Wayne and Paramount.
We look forward to continuing our relationship with the Paramount team long into our financial future.
Dr Andrew Weller and Claire Espinasse
It has been my good fortune to have been a client of Paramount Wealth Management for over a decade.
As I approach retirement, I find myself in the most favourable financial position I have been in my life. This is, in no small measure, a result of the advice and guidance of the Paramount team.
Twelve months ago, I was paying full tax on a reasonable salary and planning on acquiring a negatively-geared investment property as a method of adding to my retirement portfolio.
As a result of advice received from Paramount, I now have my salary sacrificed to my new self-managed superannuation fund, I receive a tax-free pension sufficient to fund a comfortable lifestyle and I have an investment property as an asset of my super fund, rather than geared against my now zero taxable income. What’s more, I was able to purchase the property through a warrant structure which meant I did not need to liquidate a substantial chunk of my superannuation assets to fund the property purchase (something I would have been loath to do in the current market!)
It is not only Paramount’s advice from which I have benefitted, but their ability to lock in on my needs and goals, design a strategy to meet them and explain it to me in terms I can understand. They have also been invaluable in liaising with all my other advisers; accountant, solicitor, property developer, real estate agent, finance broker and the financial controller in my business, saving me from the hassle of having to try and explain my objectives to them.
I look forward to continuing to deal with Paramount well into my rapidly-approaching retirement.
Flightworld American Express
I have received financial advice from Paramount Wealth Management since 2001 when they were first recommended to me as financial advisers. Since then Paramount has provided me with advice on financial planning which has ranged from how to effectively manage my tax obligations through tax effective investment strategies, to protection of my assets through setting up of wills for my wife and I, to personal insurance.
This advice has been tailored to reflect my changing personal circumstances. When I commenced my association with Paramount, I was resident in Australia with tax obligations here, a large mortgage, and two dependent children. Subsequently, as I moved into a new position with limited tax liability in Australia, the financial planners at Paramount changed the focus of my investment focus away from tax-effective strategies to those more suited to my situation. When I returned to Australia and again became liable for income tax but without a mortgage, and with less dependent children, they again changed my investment strategy to reflect these changed circumstances. I have found their flexibility in responding to my changing personal situation quite impressive.
More recently, Paramount has advised on and helped significantly in the setting up of my self-managed superannuation scheme and continue to provide sound advice on strategies for investment within the context of ever-changing ATO rulings.
Notwithstanding the recent crash in the markets and its impact on parts of my investment portfolio, I am very satisfied with Paramount’s advice over the years. In fact, the strategy of diversified investments set up by them has meant that the impact has been less than it might otherwise have been.
I have always found the financial planners at Paramount Wealth Management to be courteous and friendly individuals who have provided sound advice….and, more importantly, provided that advice in a manner that my wife and I, both from non-financial backgrounds, could understand.
Dr Douglas A Jones
Since changing to Paramount Wealth Management to provide strategic financial planning, I have experienced a level of professionalism from Vaughan and the team reflected in carefully researched products and strategies being presented to me which has provided confidence in the investment decisions I have taken. Vaughan has always been readily available to discuss circumstances at any time and provides regular updates on portfolio performance with timely advice on dealing with changing circumstances.
I am still as poor as a church mouse as Vaughan does not allow me to spend any money on myself, making me wait until I am old and grey before I can access any of my money, but I am sure it is all for the greater good.
Group Industrial Relations Manager
I am writing to you to thank you for all your help over the past few years in assisting Linda & me in getting our financial affairs in order and setting us on the path for a more prosperous future.
I think it is interesting to note that when we first met in 2001 it was in the situation where I, as a representative of a funds management business, was meeting you as our client. Not only did I find you, John & Vaughan good people to deal with I was also impressed by the way you ran your practice compared to the many others that I dealt with.
Following introducing you to Linda, my wife, we made the decision to have Paramount look after our financial & insurance needs.
The rest is now history and Linda & I continue to be assisted by you and the rest of the team at Paramount and we hope to do so for many years to come.
Key Account Manager NSW & Qld
Although I have only been dealing with Paramount for a little over two years, the change to my financial situation as a result of their involvement has been dramatic.
I was referred to them by an accountant while living and working overseas. Planning to return to WA, I felt that I needed professional guidance to get my financial house in order and to capitalise on my offshore earning capacity while this was still possible.
When I first met them, I had a reasonably substantial property portfolio, but also had a fair amount of debt. Worse still, primarily for want of expert assistance, a disproportionate amount of my debt was personal and thus not tax deductible, whereas I had a substantial amount of equity in my investment properties. While I was doing okay in terms of creating wealth, they pointed out that I could achieve a lot more without incurring any additional expenditure.
Since working with Paramount, I have achieved a number of my financial goals AND a lot sooner than expected.
I may have done okay financially without Paramount's help, but probably not as well and DEFINITELY not as quickly.