Adviser Insight: Susie Laws – How I manage my money

Typically, people ask me how I’m going to manage their money, how I can assist them in protecting their wealth and leaving a legacy for their family after the inevitable happens and they are no longer alive. Looking back, I’ve always treated clients’ money the same way I would my own.

Whenever a new client comes along, however that may be, there’s always the information gathering phase – the normal things really like obtaining contact details, size of investments, where those investments are held, do they have a Will etc. One of the most important parts of the information phase is ascertaining someone’s appetite for risk as well as their capacity for loss. By that I mean how much risk they are willing to take as well as how much they could afford to lose (often two very different things!). Once their risk profile is complete, I can then begin planning suitable options to provide the peace of mind and future financial security that they are looking for.

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