This episode of The Purposeful Investor podcast provides an introduction to Capital Partners Private Wealth Advisers, a wealth management firm based in Perth, Australia. Co-hosts David Andrew and Aden Wilkins discuss their motivations for starting the podcast and share "life's little wins" from their careers. David recounts founding Capital Partners over 20 years ago and how the firm has grown, evolving their investment philosophy over time to focus on reliable, evidence-based strategies. They explore how attracting talented team members has allowed Capital Partners to take on more clients and expand services while prioritising clients and employees. David emphasises exploring possibilities and achieving bigger futures for both staff and clients.Learn about key people who helped grow the business and how ownership has transitioned to new generations. David expresses gratitude to Capital Partners' long-standing clients for trusting the firm to manage over $1.6 billion in assets.(0:00:01 - 0:04:25) Introduction(0:04:25 - 0:12:52) Early years of Capital Partners(0:12:52 - 0:16:09) Developing the business and team(0:16:09 - 0:20:18) Client outcomes and intergenerational wealth(0:20:18 - 0:27:59) Evolution of investment philosophy(0:27:59 - 0:31:29) Aden's story of joining(0:31:29 - 0:36:23) Recent acquisition and gratitudeFor 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.

In this episode, host Aden Wilkins speaks with Capital Partners founder David Andrew about what investors can expect from financial markets in 2024. They discuss the major events of 2023, including China relaxing COVID restrictions, bank problems in the US, and strong returns in global equity markets by the end of the year. David and Aden analyse the performance of different asset classes in 2023 and look at sub-asset classes like value stocks. Get their insights on whether 2024 could continue the market recovery or bring new economic challenges. MaterialsAnnualised Range of Returns for the S&P 500The Benefit of Long-Term InvestingS&P 500 - Good Years Tend to Cluster0:00-1:00 Introduction and welcome1:00-1:53 Global market declines in 2022 setting the stage for uncertainty in 20231:53-4:33 The Bloomberg article4:33-5:43 Stocks and bonds 2022 decline5:43-7:46 China reopening, US bank problems, Middle East conflict and late-year market rallies7:46-10:50 2023 return figures10:50-12:06 Value stocks and tech companies12:06-13:15 Portfolio positioning and outlook for 2024For 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.

In this episode of The Purposeful Investor, Aden and David discuss the importance of progress meetings between financial advisers and their clients. Progress meetings allow advisers to check in on clients' financial plans, goals, investments, and estate plans to ensure they are on track. Aden and David explore what is discussed in a typical progress meeting, including reviewing clients' net worth statements, financial projections, portfolio reports, and estate planning. They emphasise how progress meetings help answer clients' key questions around making smart financial decisions, ensuring the security of their loved ones, and living their best lives.Aden and David also delve into different types of documentation used in progress meetings and how reviewing these documents helps get clients back on track if needed or celebrates goals already achieved.Progress meetings play a vital role in ensuring clients can continuously make course corrections to stay on target with their financial plans as life circumstances change.MaterialsProgress ReportNet Worth StatementLegacy Flow Chart(0:00:01 - 0:01:26) Introduction(0:02:00 - 0:04:20) What is a progress meeting?(0:04:21 - 0:11:27) Common questions and concerns(0:12:25 - 0:14:46) The three key questions in progress meetings(0:14:47 - 0:20:57) Documentation in meetings(0:20:58 - 0:28:24) - A client’s ability to achieve goals(0:28:25 - 0:34:06) Estate planning(0:34:07 - 0:37:52) The importance of stewardship(0:37:53 - 0:41:01) The ongoing review through progress meetingsFor 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.

In this episode of The Purposeful Investor, Aden speaks with Capital Partners Founder and CEO, David about the evolution of investing from the early 20th century to the present day. They discuss the three major phases - Investing 1.0 which saw stock picking dominate the market in the 1950s and 60s limited by a lack of historical data and computing power. The rise of index funds in the 1970s marked Investing 2.0, made possible by increased data availability and the efficient market hypothesis. Systematic investing emerged in the 1990s as Investing 3.0, leveraging factors like company size, price, and profitability that research showed provided higher expected returns.David and Aden provide statistics demonstrating index funds have significantly outperformed actively managed portfolios over long periods. The episode offers insight into how the investing industry has advanced its practices by incorporating evidence from decades of market data.MaterialsPursuing A Better Investment Experience(0:00-0:16) Introduction(0:16-1:42) Personal wins of the week(1:42-2:18) The three phases of investing(2:18-3:28) Investing 1.0(3:28-7:02) Investing 2.0(7:02-9:00) - Benefits of diversification(9:00-11:02) Investing 3.0For 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.

This podcast episode of The Purposeful Investor discusses the topic of succession planning for business owners. Hosts, Aden Wilkins and David Andrew define succession planning as the process of transitioning ownership of a business over time. This can take different forms such as an internal succession, a sale of the business, or transferring it to family. David emphasises the importance of considering whether the strategy is to "harvest" the business through sale or pursue a "legacy" strategy of passing it down. He notes that succession involves transitioning not just capital but also leadership roles and maintaining the vision and values of the business.David then draws on his own experience with succession planning at Capital Partners. He explains how they began planning early on to protect clients even with just a few employees. He details the multi-year process of transitioning out founding partner Chris while maintaining services, and culture, and developing new leadership over that time.(0:00:01 - 0:00:11) Introduction(0:00:11 - 0:01:54) Sharing wins of the week(0:01:54 - 0:10:37) "harvest strategy" vs "legacy strategy"(0:10:37 - 0:15:42) Succession planning at Capital Partners(0:15:42 - 0:20:00) Developing new leadership teams at Capital Partners(0:20:00 - 0:28:53) Succession of vision/values(0:28:53 - 0:29:54) Transition of shares to new shareholders over timeFor 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.

Discover the fascinating world of money personalities and how understanding each other's differences is crucial for achieving financial success. This insightful episode promises to change the way you view your relationship with money and your loved ones. Join us, your hosts David and Aden, as we share our personal wins and dive into the eight different mindsets people have about money, with a special focus on the Family Guardian personality.  Learn how various wealth personalities impact our approach to financial planning, particularly for family guardians who prioritise their family's needs above their own. We explore the importance of off-farm assets, the role of independent and objective advice, and the unique characteristics of other money personalities like Builders and Maximizers. Discover how these different money personalities interact with financial advisors and the wealth management process.  Lastly, we examine the potential conflicts that can arise between individuals with different financial personalities, such as Maximizers, Mavericks, and Controllers. We discuss the importance of good stewardship, patience, and love in finding balance and harmony in relationships with differing money mindsets. By understanding our own money personalities and those of our loved ones, we can work together towards true financial prosperity. So, tune in and transform your financial future with the knowledge and understanding of money personalities!MaterialsMoney Personalities GuideKey moments00:04:48 Understand money personalities.00:10:44 Take advice to achieve freedom.00:16:06 Trust your financial adviser.00:17:18 Build wealth methodically.00:27:27 Maximizers strive for wealth.00:34:45 Love conquers financial differences.00:40:00 Social spenders seek reward.00:43:30 Save first, spend later.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.

In this episode of the Purposeful Investor podcast, host Aden Wilkins speaks with David Andrew, Founder and CEO of Capital Partners, about redefining ambition during retirement. They discuss how retirement planning conversations often focus only on financial security, yet, true prosperity is about living one's best life.Aden and David explore how ambition naturally shifts away from career goals as we age, and the importance of finding purpose and reasons to get up each day in retirement. They address the potential identity crisis and mental wellbeing challenges that can arise from loss of tribe and daily structure.The conversation provides examples of individuals who pursued ambitious and meaningful second acts through staged retirements, consulting work, and charitable pursuits. You will gain insight into transitioning smoothly to retirement by celebrating accomplishments, pursuing new passions, and maintaining a balanced mix of commitments and leisure. This thought-provoking discussion challenges preconceived notions about what is possible in our retirement years.MaterialsThe Power of Dreaming Guide(0:00:01 - 0:03:10) Introduction(0:03:56 - 0:04:56) Purpose in Retirement(0:06:08 - 0:09:10) Ambition and Identity(0:07:44 - 0:09:10) Mental Wellbeing(0:09:28 - 0:10:00) Defining Ambition in Retirement(0:10:04 - 0:11:03) Transitioning to Retirement(0:11:15 - 0:18:31) Examples of Ambitious RetirementFor 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.

In this episode, hosts Aden Wilkins and David Andrew discuss navigating uncertainty in share markets from a long-term perspective. They provide statistics showing the dangers of market timing, with David sharing his experience of the Global Financial Crisis and how they coached clients through volatility. They discuss building portfolios with enough buffers to withstand downturns. The hosts explore the emotional and behavioural aspects of investing, referencing research on how the brain processes financial losses similarly to threats. They emphasise the importance of staying disciplined and provide valuable insights on developing a purposeful long-term approach to investing despite uncertainty.Materials:Vanguard Index ChartUS Sharemarket returns post pullbacksBenefit of taking a long-term approachAustralian Share Market - Market Timing Graphs  0:00-5:24: Introduction 5:24-12:06: Market timing and volatility 12:06-14:41: Navigating uncertainty 14:41-23:14: The Global Financial Crisis 23:14-28:09: Long-term investing mindset 28:09-33:33: Behavioral finance and emotionsFor 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.

In this episode, Aden is joined by Capital Partners' senior wealth adviser and principal Kathryn Creasy to discuss the recent gender pay gap report and how women are lagging behind men in areas like superannuation and financial literacy. Touching on sobering statistics, Kathryn also shares hopeful data that shows younger generations of women are more engaged in investing than ever before.  Additionally, she reviews studies demonstrating women often outperform men as investors by taking fewer risks and maintaining a long-term perspective. For anyone seeking financial empowerment or education, this episode provides actionable advice and an inspiring message.[0:00-0:12] - Introduction [0:12-0:25] - Kathryn's "win of the week" [0:25-0:44] - Recent gender pay gap reports and statistics [0:44-1:00] - Women and their own superannuation [1:00-1:20] - Evening out your super balances as a couple [1:20-1:50] - Women vs men as investorsFor 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.

Every day the financial media has stories about either impending doom or unbridled optimism for the stock market. Not surprisingly, many investors get the urge to move their asset allocations around based on these stories in the hopes of boosting their returns. In this bonus episode, Capital Partners ' investment experts, Steven Boyce and Nick Menegola discuss all things market timing.Click here to watch this episode recording on the Capital Partners YouTube channel.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.

This episode has Aden and David discussing what sustainable investing is and how Capital Partners navigates this area after a client expressed concern about holdings in fossil fuel companies.0:02:48-0:03:01 -  SRI considerations 0:17:35-0:18:09 -  Capital Partners' sustainable portfolios 0:19:02-0:20:32 -  Performance expectations 0:18:09-0:18:33 - Diversification in Australia and globally 0:23:59-0:24:53 - Values led decisionsResources:Download  your copy of  Sustainable InvestingSRI slidesFor 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.

Ever wondered how financial experts navigate the unpredictable tides of the market? This episode promises to shine a light on the complexities of the first quarter's financial landscape with insights from David and our investment coordinator, Nick Menengola. Together, we unravel current market trends, dissect the strategies that hold the fort during tumultuous times, and discuss our approach to scaling investments for growth. Plus, we're celebrating not just financial wins but personal milestones in our 'win of the week' segment.Step away from the noise of sensational headlines and join us for a measured analysis of what's really happening in the world of finance. We delve into the impressive climb of Perth's real estate market and break down the concepts of economic 'soft' and 'hard landings'. This episode also tackles the resilience needed to weather market volatility and the critical importance of setting realistic expectations with clients when planning for financial success.Closing out, we scrutinise the enigmatic nature of financial markets and dispel the myth that good years must be followed by bad, offering a perspective on investor behaviour during downturns. We explore the 'Magnificent Seven' tech giants' outsized influence on the market and how our strategic, evidence-based investments navigate through these giants' shadows. As you immerse yourself in our discussion, we warmly invite you to join the conversation and contribute to the collective wisdom of successful families seeking true prosperity.0:00-0:12 - Introduction and overview 0:12-0:24 - "Win of the week" segment 0:24-0:36 - Nick discusses his role at Capital Partners 0:36-1:03 - Discussion of interest rates around the world 1:03-1:20 - Conversation about the housing market 1:20-1:38 - Explaining the concepts of a "hard landing" and "soft landing" 1:38-1:56 - The strong markets despite inflation and the potential for an economic slowdown 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.

In this episode of The Purposeful Investor, Aden and David discuss David's motivations for writing his book 'Wealth with Purpose', specifically, how he wanted to shift the focus of financial advice away from products and performance to values, goals and priorities.0:00:01 - 0:07:42 - David's frustration with the traditional product-focused approach to financial advice. 0:07:42 - 0:13:32 - The challenging process of writing his first book.0:13:32 - 0:17:30 - The three critical questions clients want answers to around smart decisions, caring for loved ones, living their best life.0:17:30 - 0:22:05 - Taking control of your finances and not drifting. 0:22:05 - 0:30:00 - Automating your wealth and keeping plans flexible.  Resources:Futures ModelFor 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.

In this episode of The Purposeful Investor, host Aden Wilkins and Capital Partners Founder David Andrew delve into the intricate world of affluent investors and the evolving landscape of generational wealth. Beginning with a client's inquiry into Australia's net worth demographics, they unpack the concept of affluent investors, emphasising the transition from financial status to complexity management. Exploring global wealth trends and Australia's wealth distribution, they highlight the rise of high-net-worth individuals (HNWIs) and the importance of preparing the next generation for wealth stewardship. Advocating for financial literacy and equality within families, they discuss practical steps and initiatives to empower heirs and ensure effective wealth management, underscoring their commitment to guiding families towards a future of prosperity and fulfilment.0:00-1:11 - Introduction and welcome 1:11-5:00 - Athlete investors and three types of complexity   5:00-10:46 - The three types of complexity - time, technical, emotional 10:46-15:14 - Wealth statistics in Australia, other countries, definition of HNWI   15:14-19:23 - Additional statistics on wealth distribution and real estate values Resources:Australian StatisticsKnight Frank Wealth ReportWhat does $1M USD buy you in SQM across different citiesWhat does it take to be in the top 1%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.

In this episode of The Purposeful Investor, David discusses the importance of understanding a client's "why" before developing a financial plan. He explains how exploring your values, goals and priorities helps ensure the plan supports how you want to live your life with meaning and purpose.Resources:Wheel of Life exercise Financial House guideYour Dream ListCreate Inspiring Goals guideIdentify your Values exercise00:01 - 00:13 - Introduction and overview00:13 - 01:56 - "Win of the week" segment 01:56 - 06:06 - Simon Sinek's Golden Circle model06:06 - 07:49 - The "high price of materialism"0:07:49 - 0:11:15 - The three fundamental needs for ensuring financial plans support clients11:15 - 13:56 - The word cloud exercise 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.