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.

Aden and David sit down with Laura Tarbox, founder of Tarbox Family Office in Newport Beach, California. Laura shares her journey from the "dark side" of the financial industry to building a successful fee-only, fiduciary-focused firm.

She discusses the challenges her clients face, such as passing on wealth and values to the next generation, managing risk, and finding meaningful ways to give back through philanthropy. Laura also provides insights into her investment philosophy, which has evolved from stock-picking to a more evidence-based, tax-efficient approach using index funds and ETFs.

• (0:30 - 2:30) The "dark side" of the financial industry
• (2:30 - 6:00) The family office model
• (6:00 - 10:00) The Global Association of Independent Advisors (GAIA)
• (10:00 - 15:00) Passing on wealth and values to the next generation
• (15:00 - 20:00) Exploration of the role of philanthropy
• (20:00 - 26:00) Laura's investment philosophy evolution

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.

Join Aden as he sits down with Denise Cheng, Equity Trustees' national Manager of Active Philanthropy, who shares her expertise on the transformative world of structured giving and philanthropy.

Discover how you can become a philanthropist, regardless of your wealth level, and learn about the growing movement of "Doubling Structured Giving" in Australia.

Denise delves into the cultural differences in giving between Australia, the US, and the UK, explains the accessibility of structured giving vehicles, and explores the key reasons that motivate people to engage in purposeful giving, from tax benefits to the desire to create a lasting legacy.

• (00:26 - 02:25) Denise on her career journey
• (02:53 - 07:47) Explanation of philanthropy and structured giving
• (07:47 - 12:21) How structured giving can bring families together
• (12:21 - 17:16) Connecting families with aligned philanthropic causes and witnessing the impact of their donations
• (17:36 - 21:48) The process of helping clients find the right causes and charities to support
• (21:48 - 24:22) Explore structured giving even with modest means

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.

Join Aden, David and Capital Partners newly appointed managing director Charmaine Lamprecht, as they unpack their thoughtful approach to succession planning.

Hear Charmaine's inspiring journey from a curious traveller to a key team leader and how she and David have meticulously built a culture and team to ensure a seamless transition.

Discover the guiding principles that will shape the future of Capital Partners and gain insights into how Charmaine and David plan to maintain the firm's personalised client experience while embracing strategic growth.

• (5:00 - 15:00) The transition of managing director
• (15:00 - 25:00) Growth journey
• (25:00 - 35:00) Charmaine's background
• (35:00 - 45:00) Charmaine's leadership philosophy
• (45:00 - 50:00) A glimpse into what the future holds for Capital Partners

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 reflect on the key milestones and events of 2024. They discuss the firm's growth, team achievements, and personal milestones, as well as provide insights into the performance of financial markets and global events over the past year.

The hosts also share their gratitude for their clients and listeners and encourage everyone to adopt a mindset of positivity and gratitude as they look ahead to 2025. This episode offers a comprehensive recap of the year that was and sets the stage for an exciting new year to come.

• (02:13 - 07:30) Wins of the week
• (07:31 - 13:57) The performance of financial markets in 2024
• (14:00 - 20:00) Global events in 2024
• (20:01 - 29:35) Wishing everyone a safe and happy holiday season

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 Wilkins is joined by Capital Partners founder David Andrew and investment coordinator Nick Menegola to unpack the outcomes of the Trump presidency and the 2020 US election.

They discuss key policy proposals from the Trump administration, including trade, immigration, fiscal policy, and their potential impact on inflation and the US economy. The conversation also touches on the challenges of forecasting and the importance of maintaining a diversified, long-term investment approach, regardless of who is in the White House.

• (0:12 - 1:47) Wins of the week
• (1:47 - 5:00) Overview of the key policies proposed by the Trump administration
• (5:00 - 10:00) Exploration of the trade policy proposals
• (10:00 - 15:00) Analysis of the immigration and labour market implications of the Trump policies
• (15:00 - 22:00) Examination of the fiscal policy proposals
• (22:00 - 28:00) Discussion of the overall economic outlook for the US under the Trump presidency
• (28:00 - 32:00) The unpredictability of markets and the need to focus on disciplined

Resources:
https://capital-partners.com.au/wp-content/uploads/2024/12/Trump-election-graphic.png

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.