Grove Securities: Investment Advice and Financial Services in Albany WA
Grove Securities Pty Ltd was established in 1999 in Albany, Western Australia, and we now have offices in both Albany and Perth. Our Albany office is at 49 Serpentine Road. We provide investment advice in Albany, along with financial planning, insurance advice and a full range of self managed superannuation fund services. We are privately owned and hold our own licence.
How we are structured
Being privately owned and holding our own licence means we are free from the influences that come from the pecuniary interests of product providers, stockbrokers, banks or other financial institutions. Our staff are not required to write a minimum amount of business each month, nor to achieve certain levels of product sales, and we receive no volume incentive payments for placing client money with any particular institution. Our private ownership model also motivates our advisers to develop long term relationships, so that you have a contact on whom you can rely.
Economic, equity and market research is obtained from a carefully selected number of Australian and international research houses. If, after overlaying our own processes, we are not satisfied that a research house adds value for clients, we replace them.
Our approach to investing
Our approach is to obtain a detailed understanding of your goals, objectives, attitudes and relevant circumstances, and then to develop personalised investment strategies and portfolios. We focus on strategic advice and forward looking fundamentals, and on how investments might perform under different economic scenarios. Understanding the return potential of investments matters to us, which is one reason we strongly favour direct investments and transparency.
Our investment process generally involves active management of your investments, taking into account the evolving economic and capital market environment, independent external research and analysis, the overlay of our own philosophy and analysis, your changing circumstances, and the management of threats and opportunities to your investment goals. Investment analysis techniques, modern portfolio theory and risk management are an important part of that process. Investing is not an exact science, and we also recognise the importance of judgment.
We provide comprehensive transaction, administration and management services as well, so that those who would rather spend their time on other activities can do so while retaining right of veto on all decisions. We take the time to explain your strategy and your investments, and to assist you in making informed decisions.
Self managed superannuation
Self managed superannuation funds are a core component of our business. Our SMSF services can be tailored in a flexible way, and in broad terms they fall into three categories.
Our SMSF services
- SMSF Strategic Advice: access to an adviser on the rules governing the operation of a fund, covering admission of new members or trustees, contribution rules, investing rules, gearing rules, estate planning, benefit payment and pension rules, Centrelink implications, account structuring, and drafting of personalised documents for compliance and record keeping obligations.
- SMSF Investing: investment advice drawing on our broader investing offering, for trustees who manage their own compliance and administration or outsource it to other providers.
- SMSF Administration: financial and member statements in a format suitable for audit, and preparation and handling of key record keeping obligations.
You can retain us for one of these or bundle them together under our overall SMSF Management Service. For those with existing professional relationships, our services dovetail with those offered by accountants, stock brokers, specialist auditors and other financial planners, with online account access available where required. You are welcome to meet one of our advisers on a no obligation basis for further information on SMSFs and their suitability.
Financial planning and insurance
We also assist with financial planning, which begins with developing clear goals and considering your current financial position, your plans for the future, and the strategies that might be available to you. On the insurance side, we can help you determine what type of cover you need and how much, how to structure ownership of the policy, how to reduce premiums, and which features are suitable, and we compare products. Personal risk insurances are used for family protection, to fund business shareholder agreements, and to provide key man cover for key employees.
Contacting our Albany office
Our Albany office is at 49 Serpentine Road, Albany WA 6330, open 8:00am to 5:00pm. Call us on (08) 6819 7500, or email [email protected]. Our Perth office is at 1A Freshwater Parade, Claremont. Our Financial Services Guide is published on our website.