Christmas Message & 2019 the year ahead…

As we prepare to close off another eventful year, we begin to focus our thoughts on what is most important to each of us.

But before we do, it is worthwhile taking a short look back at 2018.  This past year is likely to be recorded as a year of disappointing returns in most areas of investment.  The Financial Sector, Property and Share Markets have felt challenges over the past year which are likely to continue into 2019.  These challenges present opportunities for those with a long-term focus and a plan.

While the headlines in the papers suggest these market movements are out of the ordinary – they are normal and are expected when investing for the long term.  Over the past 25 years the ASX has fallen an average of 13.9%, peak to trough, at some point during each calendar year (2018 is likely to be closer to 10%). With full year returns averaging over 10%pa compound in those years.

Weaker markets aside, it has been another successful year working in partnership with our clients as we focus our attention on the things within our control.

Looking to the future, 2019 is shaping as a significant period in our practice’s 32-year history – on February 6th, 2019 we will implement our transition to clearer structural independence when we begin to operate under our new brand; Partners – Private Wealth.  This change and others are centered on ensuring we can deliver an end to end experience that is fitting of our valued community of clients – including enhanced and more efficient portfolio, account and technology solutions.  We look forward to discussing these options with you in the months ahead.

We are excited by what 2019 will bring, in the meantime we will take a break to share some special moments with our families and friends.  Thus, our office will be closed from Friday 21st December 2018 and will re-open Monday 7th January 2019.

From all of us; Sam, Glen, Sheelagh, Piyumi and Van (our new team member) we wish you a wonderful Christmas and look forward to being part of your journey again in 2019.


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