Do you have a windfall readily available (perhaps from a property sale or an inheritance), and would you like to put it to work for your financial goals? Lump-sum investing may be for you.
If you would like to explore lump sum investment, Tonkin Financial can assist with advice on what to invest in, building a diversified portfolio and more. Read on to find out more about our services.
Do you have a windfall readily available (perhaps from a property sale or an inheritance), and would like to put it to work? Lump-sum investing may be for you.
Simply put, a lump-sum investment allows you to invest an entire amount (a lump sum) into a chosen portfolio service.
Typically, this approach is suitable for investors who have a significant sum of money, readily available for long-term investment. Timed right and with a reasonable timeframe, lump-sum investments can yield comparatively higher returns than a regular payment investment plan. As an example, if you invested $20,000 ten years ago, today you'd likely be better off than someone who contributed the same amount ($20,000) but did so in smaller amounts as a regular investment plan, rather than as an initial lump sum, over the same 10-year period. The success of the lump-sum strategy depends on what the market is doing, as well as when the lump sum is invested and when it is needed.
At Tonkin Financial, we partner with ANZ's OneAnswer – a highly regarded lump-sum investment platform that provides investors with flexibility and an extensive range of investment options, including New Zealand and international equities, fixed interest and cash.
As your adviser, we'll help you work out what to invest in to build a diversified portfolio, and when to buy and sell investments. Then, we'll liaise directly with OneAnswer to carry out the instructions on your behalf.
We welcome you to get in touch to learn more – we can help you work out if this strategy meets your needs, risk profile, and investment horizon.
At Tonkin Financial, we’re committed to developing long-term client relationships and delivering outstanding service. We believe - strongly - that financial advice is an ongoing relationship: it starts with sound, tailored advice for our clients' needs, but continues over the longer term with guidance as needs and goals change.
We specialise in providing financial advice to medical professionals employed by District Health Boards in the Greater Auckland region. Over the past 30 years we have developed extensive understanding as to how we can best support the financial advice needs of medical professionals, and provide high quality advice for their financial life and plans.
Financial advice provides many benefits, as relevant to the needs of individual clients. But perhaps the common benefit experienced by those who seek financial advice is this: it is an opportunity to take the time to discuss in-depth your financial life and circumstances with an expert; an opportunity to take stock of where you are, what you want to achieve, any challenges, and solutions you are looking for.
Financial advice is not solely about 'product' - i.e. types of investments, types of insurance etc - rather it is about accessing the knowledge of an experienced professional who can apply their expertise to your individual circumstances and aspirations, and make well-informed recommendations for your financial life.
Whether you have accumulated a nest egg over time, inherited a sum or sold a property, lump-sum investment allows you to invest this windfall in one go.
Typically, this approach is suitable for investors who have a significant sum of money, readily available for long-term investment. Timed right and with a reasonable timeframe, lump-sum investments can yield comparatively higher returns than a regular payment investment plan. As an example, if you invested $20,000 ten years ago, today you'd likely be better off than someone who contributed the same amount ($20,000) but did so in smaller amounts as a regular investment plan, rather than as an initial lump sum, over the same 10-year period. The success of the lump-sum strategy depends on what the market is doing, as well as when the lump sum is invested and when it is needed.
At Tonkin Financial, we partner with ANZ's OneAnswer Portfolio Service, which provides access to an extensive range of investment options, including New Zealand and international equities, fixed interest and cash, and allows you to build your investments in a single portfolio.
As your adviser, we will help you decide what to invest in and when to buy and sell, and maintain a diversified portfolio that’s suitable for your investment goals and risk tolerance. We also review the performance of your investments, and assist you in building your portfolio.
Lump-sum investing can be part of your overall investment strategy, alongside other investment options.
Typically, this approach is suitable for investors who have a significant sum of money, readily available for long-term investment. Timed right and with a reasonable timeframe, lump-sum investments can yield comparatively higher returns than a regular payment investment plan.
As an example, if you invested $20,000 ten years ago, today you'd likely be better off than someone who contributed the same amount ($20,000) but did so in smaller amounts as a regular investment plan, rather than as an initial lump sum, over the same 10-year period. The success of the lump-sum strategy depends on what the market is doing, as well as when the lump sum is invested and when it is needed.
Yes – it’s never too early or too late to invest a lump sum. Of course, the sooner you start, the longer your money has to grow.
Rather than being appropriate for a specific age, lump-sum investing is usually driven by a specific life event. For example, you may have sold an asset (e.g. your house), received an inheritance, or your term deposit has finally matured. In all these cases, lump-sum investing can help you put that windfall to work.
The underlying investment platform we use is ANZ OneAnswer Portfolio Service. OneAnswer gives you the ability to choose from an extensive range of investment options to build a single, diversified portfolio.
As your adviser, we’ll help you work out what to invest in and when to buy and sell investments. Then, we’ll liaise directly with OneAnswer, which will carry the instructions on your behalf. Conveniently, you’ll be able to view your portfolio holdings and transactions online anytime.
OneAnswer Portfolio Service is a highly regarded platform that operates under custodian, FNZ Ltd.
Depending on the types of service we provide, we might receive a commission fee from the provider, or charge clients an hourly rate.
We usually get a commission fee for our advice on DHB Superannuation, KiwiSaver and insurance. For broader financial planning or advice on lump-sum investment plans, we may either charge clients an hourly rate of $200 per hour or a one-off fee, based on the client’s requirements.
We will discuss the fee rates with you in an open manner during our initial meeting.
Alongside Lump-Sum Investment, we specialise in Wealth Management (including insurance and investment advice) and Retirement Planning.
Wealth Management: From ensuring you are receiving the superannuation you are entitled to as a medical professional employed by a District Health Board in the Greater Auckland region, to investment strategies and risk management through appropriate insurance options, at Tonkin Financial we can provide wealth creation and protection advice, for your individual needs. Find out more here.
Retirement Planning: We view retirement planning as a multi-step process that evolves with you over time – the key thing is to start, have a plan in place and take proactive steps to ensure you’re on track. Find out more here.