Shows
The Purposeful InvestorBeware the Crypto mirage | How to invest wisely in a volatile worldIn this episode of The Purposeful Investor, Aden is joined by Dr. Steve Garth and Investment Coordinator Nick Menegola to demystify cryptocurrency and its place in modern investment portfolios. The trio explores what cryptocurrency is, its origins, and why it captures so much attention—and caution—in the financial world. They discuss the risks, volatility, and lack of intrinsic value in assets like Bitcoin, compare crypto to gold, and offer practical advice for investors considering a speculative "play money" approach.2:58-3:34 The value of goal setting and future planning 3:34-8:17 What is cryptocurrency? 8:17-12:43 The emergence of cryptocurrency as an...
2025-11-0630 minThe Purposeful InvestorPrivate credit unveiled | Risks, rewards, and realities for investorsIn this episode of The Purposeful Investor, Aden and David are joined by Investment Coordinator Nick Menegola to demystify the world of private credit (private debt). Together, they break down what private credit is, how it differs from traditional banking, and why it’s gaining so much attention in financial headlines. The team shares real-life case studies, including lessons from the GFC and the recent La Trobe fund developments, and explores the crucial topics of liquidity, risk, and regulatory oversight. 2:58-3:34 The value of goal setting and future planning3:34-8:17 What is private credit?8:17-12:4...
2025-10-2349 minThe Purposeful InvestorBonus | Umpire/wealth adviser | Meet Rob McCawJoin Aden for our bonus series, where he sits down with Rob McCaw. Rob shares his inspiring career path, from uncertain beginnings to becoming a dedicated wealth adviser at Capital Partners. Discover how his 20 years of experience as an umpire have shaped his approach to financial guidance, client relationships, and professional growth. Rob reveals the importance of being a "safe pair of hands" for clients, the nuances of retirement planning, and what it means to be a family-focused financial guardian. This episode offers insights into the human side of financial advising and the mea...
2025-10-1614 minThe Purposeful InvestorThe Millionaire Next Door | Unveiling the real secrets to lasting wealthIn this episode of The Purposeful Investor, hosts Aden and David dive deep into the timeless lessons from the classic book "The Millionaire Next Door." Discover the surprising habits and mindsets that set true millionaires apart from the crowd, why high income doesn’t always equal wealth, and how to avoid common financial pitfalls. From the illusion of affluence to the power of living below your means, Aden and David share practical tips, real-life examples, and actionable strategies to help you build lasting financial independence. 3:00-7:00 Introduction to "The Millionaire Next Door" and its relevance7:00-15:00 Key...
2025-10-0941 minThe Purposeful InvestorBonus | Financial wisdom and Kenyan tea | Meet Rakesh ShahJoin us for our bonus series as Rakesh Shah, a seasoned wealth adviser at Capital Partners, shares his 18-year journey in financial planning. Discover how his family background, entrepreneurial spirit, and passion for helping clients achieve their goals have shaped his career. Rakesh opens up about his side business in Kenyan tea, his approach to retirement planning, and why he sees financial advising as more than just managing money.(00:00 - 03:00) Rakesh Shah's 18-year journey at Capital Partners(03:00 - 04:23) The Kenyan tea business(04:47 - 06:34) Helping clients transform their financial lives(06:34 - 08:30) A passion for retirement workshops(09:14 - 10:00) B...
2025-09-2511 minThe Purposeful InvestorNavigating divorce | From crisis to confidence (with Kathryn Creasy)Award-winning wealth adviser, Kathryn Creasy shares her expertise and the motivation behind the recently released "Crisis to Confidence" white paper, offering practical financial and emotional guidance for women facing the prospect of life after divorce, separation or bereavement. Discover real-life success stories, the importance of building a supportive team, and actionable steps to regain control and build a brighter future after a major life event. Whether you’re experiencing change yourself or supporting someone who is, this episode provides valuable tools and inspiration to move forward with confidence.0:00-1:06 Introduction 1:06-2:24 Wins of the Week...
2025-09-1128 minThe Purposeful InvestorDead man walking (with Andrew Nuttall)In this episode of The Purposeful Investor, Aden sits down with Andrew Nuttall from New Zealand to explore what it truly means to face your own mortality and live to tell the tale.Andrew shares his remarkable near-death experience, the life lessons it inspired, and how it shaped his views on family, financial security, and the real meaning of wealth. Together with Capital Partners founder David, they discuss the importance of strong relationships, gratitude, resilience, and the philosophy of "wealth beyond money.0:00-2:00 Introduction2:00-7:30 Wins of the Week 7:30-12:30 Andrew’s Background and Connection 12:30-18:00 Andr...
2025-08-2943 minThe Purposeful InvestorDie With Zero | How to live a fulfilling financial lifeJoin Aden and David as they dive deep into the provocative concept of "dying with zero" from Bill Perkins' groundbreaking book. Discover how strategic spending, investing in experiences, and challenging traditional saving mindsets can help you live a more meaningful life. Learn practical strategies to balance financial security with creating lifelong memories, and gain insights into breaking free from the fear of spending. Whether you're planning for retirement or seeking to maximise your life's potential, this episode offers a fresh perspective on wealth, time, and personal fulfillment.00:00 - 05:12 Introduction and "Die with Zero" Concept Overview05:12 - 11:37 Understanding the...
2025-08-1437 minThe Purposeful InvestorWhat is Private Equity and should it be in my portfolio?Join Aden and David as they demystify private equity investing. In this episode, they explore the key differences between private and public investments, share a compelling case study of Virgin Australia's private equity transformation, and provide expert guidance on understanding this complex investment landscape.Learn about the potential benefits and risks, discover why liquidity matters, and gain valuable insights into making informed investment decisions. 0:00-5:00 Introduction5:00-15:00 Understanding Private Equity Basics15:00-25:00 Virgin Australia Case Study25:00-35:00 Investment Challenges35:00-45:00 Business Owner Perspectives45:00-50:00 ConclusionFor more information on Capital Partners visit capital-partners.com.au.
2025-07-3143 minThe Purposeful InvestorNavigating the first half of 2025Join Aden, David, and Nick as they unpack the first half of 2025. From Trump's tariff tensions and geopolitical uncertainties to the explosive growth of AI, this episode provides a candid look at market volatility, investment strategies, and why staying the course matters. Learn how to maintain confidence during turbulent times and gain insights into potential economic challenges ahead, including developments in China and the global market landscape.00:00 - 02:25 Introduction and Personal Wins02:25 - 04:45 Financial Year Reflection04:45 - 08:48 Market Volatility Highlights08:48 - 0:11:14 Performance Numbers11:14 - 14:38 Stock Valuation Insights14:38 - 22:13 Investor Psychology and Volatility
2025-07-1841 minThe Purposeful InvestorBonus | Advising in the eye of the storm (the GFC) | Meet James McLeodJoin Aden in this bonus series, as senior wealth adviser James McLeod shares his remarkable career path from an uncertain graduate to a principal at Capital Partners. Discover insights from a career that began in crisis and matured with meaning.Discover how personal experiences shaped his approach to financial advice, his passion for helping doctors, women navigating divorce, and high net worth clients, and learn about the profound impact of providing peace of mind during life's most challenging moments.(0:29 - 3:24) James' career journey(3:24 - 4:28) The global financial crisis(4:40 - 6:51) Career progression at Capital Partners(6:51 - 9:01) Developing...
2025-07-1016 minThe Purposeful InvestorTax planning blind spots that cost investors thousands (with Kathryn Creasy)Aden sits down with Kathryn Creasy, Capital Partners Head of Advice, for a practical conversation on tax planning. Together, they identify common blind spots that can cost investors thousands, including those related to superannuation and family trusts, as well as the effective structuring of business profits. Whether you’re an expat, business owner, or building wealth for the next generation, this episode will help you plan with clarity and confidence.Download our tax planning whitepaper.1:26–5:04 - What tax planning means and why it matters5:04–11:00 – Superannuation strategies and contribution tips11:00–15:33 – Structuring investment assets15:33–21:17 – How family trusts...
2025-07-0637 minThe Purposeful InvestorUnpacking the Perth property market (with Michael Killiner and Rowen Powell)Aden sits down with mortgage broker Michael Killiner and buyer's agent Rowen Powell to unpack the current Perth property market. Discover innovative ways families can help the younger generation enter the property market, including guarantor options, rent investing, and strategic purchasing. 0:00-5:00 Introduction5:00-15:00 Perth Property Market Overview15:00-25:00 Family Property Support Strategies25:00-35:00 Borrowing and Investment Insights35:00-40:00 Closing AdviceFor 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 a...
2025-06-2637 minThe Purposeful InvestorHow 100 Women is empowering women globally (with Alicia Curtis and Karen Brittain)Alicia Curtis first started working on the idea of 100 Women after an inspiring chat about how to make the world a better home. After a few months, a dedicated group of volunteers came together to pull all the elements of the organisation – trust deeds, websites, marketing, membership, grants and more.Join Aden and Capital Partners Managing Director, Charmaine Lamprecht as they sit down with Alicia Curtis and Karen Brittain from 100 Women.Discover how a simple idea has grown into a powerful movement supporting grassroots charities, advancing gender equality, and creating meaningful social impact. (0:10 - 0:20) The...
2025-06-1232 minThe Purposeful InvestorBonus | "I was winning on paper, but something was missing" | Meet Steven BoyceJoin us in the next episode of this bonus series, where we're joined by Steven Boyce, Senior Wealth Adviser at Capital Partners, to share his transformative career journey from traditional stockbroking to purposeful financial advising. Discover how an 18-month global travel experience reshaped his perspective, why starting with people matters more than money, and how he became a "freedom seeker" dedicated to helping clients achieve meaningful financial clarity. Steven reveals the unique approach that sets Capital Partners apart and provides insights into building genuine client relationships beyond traditional investment strategies.(00:00 - 02:59) Steven Boyce's Early Ca...
2025-06-0515 minThe Purposeful InvestorDivision 296 | Demystifying the $3 Million Superannuation TaxJoin Aden Wilkins and SMSF expert Jemma Sanderson from Cooper Partners as they unpack the proposed Division 296 tax, separating fact from fiction. Learn about the potential impact on your superannuation, key misconceptions, and strategic considerations for managing your retirement savings.(02:00 - 07:00) What is the Division 296 Tax(07:00 - 12:00) Debunking myths about superannuation tax rates(12:00 - 16:00) Unrealised gains and lack of indexation(16:00 - 24:00) Exploring alternative investment strategies(24:00 - 33:00) Managing potential tax implicationsMaterials:Div-296-3m-tax.pdfFor more information on Capital Partners visit capital-partners.com.au. Have a question...
2025-05-2936 minThe Purposeful InvestorBonus | Financial adviser and taekwondo expert | Meet Michael HaywardJoin Aden Wilkins in this bonus series, as he's joined by Michael Hayward, Principal Wealth Adviser at Capital Partners, shares his remarkable 20-year journey in financial planning. Discover how a chance encounter, a love for goal-setting, and a passion for helping others led him to become a trusted adviser.Michael reveals the secrets behind providing clients with financial security, discusses his unique background as a six-dan black belt in Taekwondo, and explains why being a "Family Guardian" drives his professional approach. (00:00 - 03:12) Michael Hayward's passion for investing(03:25 - 05:15) Early days at Capital Partners05:25 - 06:41 How a t...
2025-05-1513 minThe Purposeful InvestorWhat life in the AFL taught Sam Menegola about resilience, identity and purposeJoin Aden Wilkins, Nick Menegola, and special guest former AFL player turned insurance broker Sam Menegola. Sam shares his candid insights on navigating career transitions, maintaining personal identity, and finding purpose beyond professional sports. Learn valuable lessons about self-discovery and prepare for life's next chapter through Sam's personal journey from the football field to the corporate world. (02:34 - 06:02) Sam's AFL career journey(06:02 - 10:35) Career transition and preparation(10:35 - 19:11) Four pillars of transition(19:11 - 33:37) Skills learned from professional sports(33:37 - 42:05) Retirement insights and adviceFor more information on Capital Partners visit capital-partners.com.au.
2025-05-0843 minThe Purposeful InvestorBonus | Family, finance, and ultra-marathons | Meet David RossbachJoin us in the bonus series of The Purposeful Investor, where Aden is joined by David Rossbach, who shares his journey to becoming a wealth adviser at Capital Partners. Discover how resilience, a passion for helping others, and a commitment to client-first advice has shaped his career. David opens up about mentoring, working with medical professionals, balancing family life with ultra-marathon training, and why he loves what he does.(00:00 - 03:32) David Rossbach's journey into financial planning(03:32 - 05:16) The difference between the UK experience and Capital Partners(05:16 - 07:10) The liberation of working at Capital Partners(07:10 - 08:16) Mentoring o...
2025-04-2413 minThe Purposeful InvestorQuarterly Update | What's going on in the world?Hosts Aden and David are joined by Nick Menegola and Dr Steve Garth. Together, they unpack the latest market volatility, trade tensions, and economic uncertainties. Listen now to learn how to stay calm, make rational investment decisions, and understand the real story behind the headlines. (05:00 - 15:00) Trade wars and market volatility(15:00 - 25:00) Market performance analysis(25:00 - 35:00) Media and investor psychology(35:00 - 45:00) Investment strategiesResources:We’ve seen bad movies like this before - Capital PartnersFor more information on Capital Partners visit capital-partners.com.au. Have a question? Email us a...
2025-04-1051 minThe Purposeful InvestorHow does the founder of Capital Partners invest his family's wealth?Join David Andrew, founder of Capital Partners, as he reveals his personal investment journey, sharing candid insights about saving, automating finances, and building wealth. Learn from his experiences, including early investment mistakes, the importance of long-term thinking, and how David and his wife, Robyn, have approached financial planning.(02:35 - 06:16) Early financial habits(06:16 - 12:48) Automating finances(12:48 - 17:30) Worst investment experiences(17:30 - 23:35) Investment Philosophy(23:35 - 30:24) Asset allocation(30:24 - 34:04) Modest home choices(34:04 - 41:08) Exploration of alternative investments(41:08 - 43:46) Key financial lessonsFor more information on Capital Partners visit capital-partners.com.au. Have a question? Email us a...
2025-04-0345 minThe Purposeful InvestorHow can Millennials, Gen Z and Gen Y get ahead of the game financially?Joining us today is financial professional and wealth strategist Tim Andrew; that's right—David's son is here in the studio. Tim shares his personal journey into financial literacy, providing a practical guide for young adults, from childhood money lessons at the dinner table to navigating the challenges of budgeting, property investment, and long-term wealth-building. Learn how to structure your finances, avoid common money traps, and make smarter financial decisions—whether saving for a home, managing cash flow, or planning long-term investments—a must-listen for young professionals looking to build financial security.(0:05 - 0:10) Tim’s early mone...
2025-03-2045 minThe Purposeful InvestorBonus | From Police Officer to Wealth Adviser | Meet John RyanJoin Aden Wilkins in this bonus series, as he's joined by John Ryan, senior wealth adviser at Capital Partners, who shares his fascinating career transformation from police officer to financial planner. Discover how personal experiences, critical thinking skills, and a passion for helping people led him to become a strategic wealth advisor. John reveals insights into working with complex family groups, his unique office connection ritual inspired by the Crusaders rugby team, and the importance of entrepreneurial thinking. A compelling story of adaptability, connection, and finding purpose in one's professional path.(0:05 - 0:10) Career journey from police a...
2025-03-1317 minThe Purposeful InvestorThe difference between getting wealthy and staying wealthyAden Wilkins and David Andrew explore the psychology behind financial decision-making, drawing insights from Morgan Housel’s award-winning book, The Psychology of Money. They discuss key concepts such as why no one’s financial mindset is irrational, the difference between getting wealthy and staying wealthy, and why true wealth is often invisible. They also explore how different people play different financial games, emphasising the importance of understanding your own financial journey rather than comparing it to others. This episode is packed with practical wisdom on smart money habits, avoiding common pitfalls, and making financial decisions that align with...
2025-03-0634 minThe Purposeful InvestorBonus | "I help women make confident financial decisions" | Meet Kathryn CreasyIn this special Adviser Profile Series, we sit with Kathryn Creasy, Head of Advice and Wealth Adviser at Capital Partners. Kathryn shares her career journey from marketing to stockbroking and eventually into financial planning.She reflects on the challenges and rewards of her role, the lessons learned along the way, and what she enjoys most about working with clients and mentoring the next generation of advisors. Kathryn also discusses her passion for empowering women in finance, her involvement in the Empower Her study tour in New York, and why financial confidence is key for those navigating major...
2025-02-2816 minThe Purposeful InvestorDon't be the richest person in the cemetery (with Michael Aitken)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...
2025-02-2051 minThe Purposeful InvestorPredictions that (probably) won't happen in 2025Aden 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...
2025-02-1346 minThe Purposeful InvestorThe retirement journey of a sexual health physician (with Dr. Lewis Marshall)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 f...
2025-02-0644 minThe Purposeful InvestorIndex funds, ETFs and the dark side of financial planning (with Laura Tarbox)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...
2025-01-2330 minThe Purposeful InvestorPhilanthropy, legacy planning and getting your family involved (with Denise Cheng)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 cr...
2025-01-1625 minThe Purposeful InvestorThe making of a managing director | Charmaine Lamprecht's storyJoin 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 ba...
2025-01-0938 minThe Purposeful InvestorEpisode 29 | Looking back at 2024Aden 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 o...
2025-01-0229 minThe Purposeful InvestorHow will Donald Trump impact global share markets?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...
2024-12-2642 minThe Purposeful InvestorEpisode 27 | How AI can enhance our lives (with Hannah Hardy-Jones)Join Aden, David, and special guest Hannah Hardy-Jones from Contented AI as they explore the transformative potential of artificial intelligence (AI) and how it is reshaping businesses and the workforce. Discover practical applications of AI, the economic and workforce implications, and the importance of balancing innovation with privacy and security. Hear real-world examples of AI streamlining administrative tasks, enhancing productivity, and elevating the human experience. (5:00 - 10:00) Positive focus of the week(10:00 - 20:00) Hannah Hardy Jones' background and Contented AI(20:00 - 35:00) Current and future applications of AI(35:00 - 45:00) AI in business and client relationships(45:00 - 55:00) Privacy and da...
2024-12-1945 minThe Purposeful InvestorEpisode 26 | Why you need personal insuranceIn this episode, Aden is joined by David Andrew and wealth adviser Michael Hayward to explore the often overlooked but critical role of personal insurance in a well-rounded financial plan. From life insurance to trauma and income protection, they discuss how these "necessary evils" provide a safety net for families facing unexpected health events or financial crises. Whether you're planning for your family or your business, learn how to assess the right insurance mix to safeguard your future.(0:02:07 - 0:07:130) Different types of personal insurances(0:07:14 - 0:13:26) The purpose of personal insurance in a financial plan(0:13:27 - 0:18:02) The p...
2024-12-1233 minThe Purposeful InvestorEpisode 25 | Longevity risk and how to ensure you have enoughAden and David discuss the importance of longevity risk - the possibility of outliving your investment assets in retirement. They explore how life expectancies have changed over time, the concept of a "longevity mindset", and the challenges of balancing spending versus saving. They also cover the tools and frameworks that Capital Partners uses to help clients make informed decisions about funding their retirement lifestyle. This episode provides valuable insights for anyone concerned about having enough to support themselves throughout a potentially longer retirement.(0:00 - 3:00) How retirement and life expectancies have changed over time(3:00 - 9:00) Th...
2024-11-2843 minThe Purposeful InvestorEpisode 24 | How to avoid the entitlement trapIn this episode, Aden and David explore the critical issue of entitlement within affluent families.They are joined by wealth advisers John Ryan and Milena Konig to unpack the definition of entitlement, how it has evolved across generations, and the key role of family values and storytelling in developing a stewardship rather than an entitlement mindset. They emphasise the importance of grounding decisions in clear family values to protect against the entitlement trap - instilling the right behaviours in the next generation. (5:00 - 10:00) Defining entitlement and how it relates to affluent families (10:00 - 15:00) Observations on...
2024-11-1436 minThe Purposeful InvestorEpisode 23 | Should I just be investing in the S&P 500?In this episode, Aden and his guests dive into a common investment question: "Why not just stick to an S&P 500 ETF and a bond ETF?" Featuring insights from Nick Menegola and Dr. Steve Garth, they explore the importance of diversification, balancing growth and defensive assets, and why investing in global markets—including Australian shares—can offer more stability and long-term success than focusing solely on the U.S. market. (04:14) Little wins of the week(06:33) Discussion on asset allocation and growth vs. defensive assets(07:46) International vs. Australian shares(12:21) Diversification and market cycles(15:55) Bond ETFs and fixed income...
2024-10-3137 minThe Purposeful InvestorEpisode 22 | 25 years of Capital PartnersIn this special episode of The Purposeful Investor, Aden sits down with David, the founder of Capital Partners, to celebrate the firm’s 25th anniversary. David reflects on the entrepreneurial journey that led him to establish the firm, the values that have guided its success, and the lessons learned along the way. From humble beginnings in 1999 to becoming a trusted financial adviser to affluent families, David shares personal stories, key milestones, and the investment philosophy that has stood the test of time. Listen as we explore how Capital Partners has built a culture of trust, clie...
2024-10-1736 minThe Purposeful InvestorEpisode 21 | Are you really ready for retirement?In this episode Aden sits down with Rakesh Shah and Damon Sugden, Principals and Wealth Advisers at Capital Partners, to discuss the importance of looking beyond just simply the financial aspects of retirement planning. They share their personal journeys and insights on how to create a truly fulfilling and purposeful retirement, going beyond the common focus on the "magic number". The conversation explores the deeper questions. It asks listeners to envision their best possible retirement, moving past the traditional emphasis on money and numbers.(00:01 - 01:42) Wins of the week(01:42 - 0:04:33) Purposeful retirement planning04:33 - 11:18) Es...
2024-10-0320 minThe Purposeful InvestorEpisode 20 | What remains the same in an ever-changing world?In this episode, Aden and David discuss key concepts from Morgan Housel's book "Same as Ever" that remain constant even in an ever-changing world. They explore the idea that risk is often unforeseen, and the power of small, consistent habits compounding over time. The hosts also examine how expectations impact happiness more than reality itself. David shares the "same as ever" principles he has seen over 25 years at Capital Partners, including having a strong foundation through values and goals, tuning out noise, and investing in human ingenuity. (0:00:01 - 0:10:00) "risk is what you don't foresee"(0:10:00 - 0...
2024-09-1939 minThe Purposeful InvestorEpisode 19 | How to create a legacy plan (Wealth With Purpose part 5)This episode of The Purposeful Investor podcast discusses the importance of creating a legacy plan and working with professionals to ensure a healthy legacy. Hosts' Aden and David, talk about leaving more than just money behind and helping the next generation be successful. They discuss carving out time for strategic thinking, focusing on family, ensuring one's children have a great education and understanding of financial success. Creating a structured yet flexible plan that considers safety, values, and relationships can help you live your legacy.(0:00:01 - 0:02:27) Introduction and wins of the week(0:02:27 - 0:04:57) Recap of the wealth w...
2024-09-0531 minThe Purposeful InvestorEpisode 18 | What makes a successful business owner Part 2In this episode, we explore insights from a study of 50 successful business owners in Western Australia. Discover the key mindsets and strategies that enabled these entrepreneurs to achieve remarkable success, both professionally and personally. Learn about the importance of continuous growth, transitioning from "lone wolf" to "pack leader", building a reliable support network, and creating a lasting family legacy through philanthropy. (0:00 - 2:00) Wins of the week(2:00 - 8:00) Exploration of the "evolving entrepreneur" pillar(8:00 - 13:00) The transition from "lone wolf" to "pack leader"(13:00 - 17:00) The concept of "building your bench"(17:00 - 22:00) Freedom comes from discipline(22:00 - 28:00) Achieving en...
2024-08-2334 minThe Purposeful InvestorEpisode 17 | Building an evidence-based investment philosophy (Wealth With Purpose part 4)In this episode of The Purposeful Investor, David and Aden continue their discussion on wealth management and investment planning. They talk about understanding the power of share markets and why we invest in them. David explains that investing should seek reliability in order to fund your financial plan, rather than trying to "shoot the lights out". They discuss the importance of diversification and how most of the effort that goes into curating the perfect portfolio is unnecessary. (0:00 - 5:00) Welcome and wins of the week(5:00 - 11:50) Understanding the share market system(11:50 - 19:00) Funding your financial plan(19:00 - 25:30) Th...
2024-08-0837 minThe Purposeful InvestorEpisode 16 | End of financial year market updateIn this episode of The Purposeful Investor, hosts' Aden and David sit down with Investment Coordinator Nick Menegola to discuss the key factors that shaped the 2023-2024 financial year and how they played out in investment markets. The conversation covers the ongoing battle against inflation and interest rates, the surprising resilience of the global economy, and the unique "Innovation Hub" setup the team uses to work on new projects. Gain valuable insights into the state of the markets and the strategies employed by the Capital Partners Investment Committee.For more information on Capital Pa...
2024-07-2649 minThe Purposeful InvestorBonus | Steven Boyce on what makes a successful business ownerIn this episode, Aden interviews Steven Boyce, Wealth Adviser and Principal at Capital Partners. They discuss findings from Steven's research of over 50 successful business owners into what makes them successful. Importantly, finding what all successful business owners have in common.Whether you're an entrepreneur looking to enhance your business strategies or simply interested in the stories of successful business owners, this episode provides valuable lessons and inspiration.(0:12 - 0:39) Steven shares his "win of the week"(0:39 - 1:02) The findings from research into what makes a successful business owner(1:02 - 5:000) The first key area of "Business Builder"(5:00 - 5:39...
2024-07-1242 minThe Purposeful InvestorEpisode 15 | The importance of strategic planning (Wealth With Purpose part 3)In this episode, Aden and David chat about strategic planning for wealth. David explains why having a plan is crucial to tilting the odds of fairness in your favour. He discusses the key outcomes a strategic plan should deliver, such as being on track to achieve your goals and maximising available cash flow. David also stresses the importance of minimising taxes. This insightful discussion provides valuable guidance for anyone looking to develop a strategic approach to managing their finances and achieving their purpose with their wealth. (0:01:12 - 0:03:56) The importance of cultural fit (0:03:56 - 0:08:14) Tilting the odds of...
2024-06-2832 minThe Purposeful InvestorBonus | Property Market UpdateThis episode of The Purposeful Investor provides an update on the hot Perth property market. Lachlan Delahunty from Performance Property shares his insights on the current conditions, discussing high demand, low stock levels, and multiple offers being common. He explains how property market cycles typically work, with periods of growth and stagnation. Lachlan compares the current Perth cycle to previous ones as well as other Australian cities like Brisbane and Adelaide in recent years and explores the challenges for first-home buyers in the current competitive environment.(0:00 - 00:31) Introducing Lachlan Delahunty(00:31 - 02:07) the wins of the week(02:07...
2024-06-1424 minThe Purposeful InvestorEpisode 14 | Wealth With Purpose Part 2 - Start with your whyIn 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.(00:13 - 01:56) "Win of the week" segment (01:56 - 06:06) Simon Sinek's Golden Circle model(06:06 - 07:49) The "high price of materialism"(0:07:49 - 0:11:15) The three fundamental needs for ensuring financial plans support clients(11:15 - 13:56) The word cloud exercise Resources:Wheel of Life exerciseFinancial House guideYour Dream ListCr...
2024-05-3127 minThe Purposeful InvestorEpisode 13 | Three key complexities of wealth managementIn this episode, 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.(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 St...
2024-05-1730 minThe Purposeful InvestorEpisode 12 | Wealth With Purpose Part 1In this episode of The Purposeful Investor, Aden and David delve into the inspirations behind David's book, Wealth with Purpose. David shares his desire to transform financial advice by moving the emphasis from mere products and performance to a more meaningful focus on values, goals, and priorities.(0:00:01 - 0:07:42) David's frustration with traditional 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(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...
2024-05-0331 minThe Purposeful InvestorEpisode 11 | Quarterly market update 2024Ever wondered how financial experts navigate the unpredictable tides of the market? This episode shines a light on the complexities of the first quarter's financial landscape with insights from David and our investment coordinator, Nick Menengola. Together, they unravel current market trends, dissect the strategies that hold the fort during tumultuous times, and discuss our approach to scaling investments for growth. 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. (0:12 - 0:24) "Win of the week" segment(0:24 - 0:36) Nick discusses his rol...
2024-04-1936 minThe Purposeful InvestorEpisode 10 | What does sustainable investing involve?In this episode, Aden and David dive into the important topic of sustainable investing. They explore how Capital Partners approaches this area, especially after a client raised concerns about their investments in fossil fuel companies. This discussion highlights the firm's commitment to aligning investment strategies with clients' values and environmental concerns.Listeners will learn about the steps Capital Partners takes to ensure diversification within both domestically and internationally sustainable portfolios. (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:D...
2024-04-0531 minThe Purposeful InvestorBonus | Is it possible to time the market?In this bonus episode, Capital Partners ' investment experts, Steven Boyce and Nick Menegola discuss all things market timing.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.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...
2024-03-2221 minThe Purposeful InvestorEpisode 9 | Why women make better investment decisionsIn 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 ins...
2024-03-1027 minThe Purposeful InvestorEpisode 8 | How to navigate market uncertaintyIn 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 un...
2024-02-2634 minThe Purposeful InvestorEpisode 7 | Ambition in retirementAden Wilkins speaks with David Andrew, Founder of Capital Partners, to discuss 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 also address the potential identity crisis and mental well-being challenges that can arise from a loss of tribe and daily structure.(0:03:56 - 0:04:56) Purpose in Retirement(0:06:08 - 0:09:10) Ambition and...
2024-02-1242 minThe Purposeful InvestorEpisode 6 | What's your money personality?Join your hosts, David and Aden, as they discuss the fascinating world of money personalities and how understanding each other's differences is crucial for achieving financial success. David and Aden explore the eight different mindsets people have about money, with a special focus on the Family Guardian personality.(00:04:48) 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) Maximiser's strive for wealth.(00:34:45) Love conquers financial differences.(00:40:00) Social spenders seek reward.(00:43:30) Save first, spend later.MaterialsMoney Personalities GuideFor more information on Capital Partners visit c...
2024-02-0435 minThe Purposeful InvestorEpisode 5 | Business succession planningAden 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 draws on his own experience with succession planning a...
2024-01-2941 minThe Purposeful InvestorEpisode 4 | The evolution of investingThis week, 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 e...
2024-01-2643 minThe Purposeful InvestorEpisode 3 | Why progress meetings matterAden 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. They 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.(0:02:00 - 0:04:20) What is a progress meeting?(0:04:21 - 0:11:27) Common questions a...
2024-01-2542 minThe Purposeful InvestorEpisode 2 | What to expect from 2024In 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.(1:00 - 1:53) Global market declines in 2022 (1:53 - 4:33) The Bloomberg article(4:33 - 5:43) Stocks an...
2024-01-2432 minThe Purposeful InvestorEpisode 1 | The 'why' behind Capital PartnersThis 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 e...
2024-01-2337 min