Mike Aitken, Founder of Magus Wealth in London, chats with your hosts, David and Aden about the key to good financial advice: getting to know clients.

He put it this way: "If I don't understand where you want to go, why it matters to you, and what values are driving you, it's a bit like a Chinese takeaway. You eat it, but half an hour later you're hungry again because there's no real substance."

At Magus Wealth, they focus on four main areas: want, plan, invest and behave. The 'want' part is all about figuring out their client's values, vision and any hurdles they might face.

Aitken pointed out, "If you're talking about investments and performance for more than five minutes, you're in the wrong meeting. Clients don't really care that much about what's going on under the bonnet."

His book, 'The Level-Headed Investor' dives into this client-centred approach.

Michael wraps up by saying, "You don't want to be the richest person in the cemetery. What are you going to use that money for? Understanding clients, their families, and relationships is crucial - and it's not always smooth sailing."

The discussion explores the key principles of Mike's "Invester's Compass" and the importance of understanding one's values and vision, developing a comprehensive financial plan, and cultivating the right investment behaviours.

• (0:58 - 5:00) Mike on his background and journey into the financial services industry
• (5:00 - 12:00) "The Levelheaded Investor"
• (12:00 - 20:00) The importance of understanding client values and vision
• (27:00 - 35:00) The rewarding aspects of building long-term client relationships
• (35:00 - 41:00) The importance of financial education

Resources:
The Investors Compass

For more information on Capital Partners visit capital-partners.com.au.

Have a question? Email us ask@capital-partners.com.au.

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.

Aden and David discuss their predictions for what likely won't happen in 2025. They dust off the crystal ball and share 10 forecasts that probably won't come true, including the unlikelihood of getting rich quick, accurately predicting market risks and opportunities and the ineffectiveness of Trump's tariffs.

Aden and David provide insights on the importance of long-term financial planning, the unpredictability of markets, and the value of diversification. This episode offers a refreshing perspective on avoiding common investment pitfalls and staying focused on sustainable wealth-building strategies.

• (5:00 - 10:00) Getting rich quick
• (10:00 - 16:00) Predicting risks and opportunities
• (16:00 - 22:00) Trump's tariffs
• (22:00 - 26:00) Job losses to AI
• (26:00 - 32:00) Expert forecasts
• (32:00 - 37:00) Personal stock picking
• (37:00 - 42:00) Portfolio performance

Resources:

Forecasts vs. Reality

Heatmap

For more information on Capital Partners visit capital-partners.com.au.

Have a question? Email us ask@capital-partners.com.au.

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.

David is joined by special guest Dr. Lewis Marshall, a longtime client of Capital Partners and his financial adviser, David Rossbach.

Dr. Lewis Marshall looks back on his time as a doctor and his journey into retirement. He stresses how crucial it is to plan your finances, keep up with friends and family, and dive into hobbies you enjoy.

Dr. Marshall recounts his retirement journey, detailing the early career aspirations that led him to become a sexual health physician. He details his approach to financial planning later in life, offering valuable insights into doctors' unique financial challenges and emphasising the importance of having a trusted adviser to navigate the complexities of retirement planning.

• (0:35 - 4:00) The journey into becoming a sexual health physician
• (4:01 - 11:00) The misconceptions and prevalence of STDs
• (11:01 - 18:30) Dr. Marshall on his financial journey
• (18:31 - 24:30) The importance of having something to retire to
• (24:31 - 32:00) Fears about retirement

For more information on Capital Partners visit capital-partners.com.au.

Have a question? Email us ask@capital-partners.com.au.

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.