ABOUT B&W ADDITIONS

Whether you are planning for the short term, the long term or somewhere in between, if you want to be able to manage your money better then B & W Additions can help you.

At B & W Additions, our aim is to provide expert professional advice and excellent service to all our clients.

We know that each of our clients is different. We listen to our clients and endeavour to work with each one to ensure that they are confident that we are helping them make informed decisions on how best to achieve their individual financial and lifestyle goals.

Our Financial Planners, Tom Weir and Rodney Johnstone are both very well respected in the industry. They both have many years of experience putting into place comprehensive tax effective strategies for people across different ages and stages of their lives. Vicki Lee assists Tom & Rodney in administration and is a valuable additions to the Financial Planning team.

B & W Additions Pty Ltd operates as a Corporate Authorised Representative of Total Financial Solutions Australia (an Australian Financial Services Licensee AFSL No 224954) and Tom and Rodney are Authorised Representatives of Total Financial Solutions Australia.

WHO DO B & W ADDITIONS HELP?

Anyone who is concerned about their financial future and wants to make good decisions with money should have a financial plan. Broadly we divide these into three main groups mainly because of the ability to leverage different tax savings at different times of our lives.

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INDIVIDUALS, COUPLES AND FAMILIES

These are usually people who are at the stage in their lives when they are receiving income and looking to invest for the future.

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PRE-RETIREES

These are people who are coming towards the end of their working career and want to structure their affairs so that their transition to retirement is financially beneficial.

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RETIREES

Once retired it is important that affairs are structured so that retirees can afford to enjoy the benefits of their earlier planning.

WHY DO YOU NEED
B & W ADDITIONS?

You may already have some ideas why you might need us. These may include:

  • STRUCTURING OF TAX EFFECTIVE INVESTMENTS
  • INVESTING PROCEEDS FROM ASSET SALES
  • LOOKING TO OPTIMISE SUPER
  • LOOKING FOR RETIREMENT STRATEGIES
  • SEEKING INSURANCE
  • LOOKING TO MANAGE A SELF-MANAGED SUPERANNUATION FUND (SMSF)
  • CREATION OF A REGULAR SAVINGS PLAN
  • NEEDING ADVICE ON PENSION ELIGIBILITY AND ENTITLEMENTS
  • ESTATE PLANNING
  • REDUCING DEBT

CONTACT US ON 03 9629 1433 TO FIND OUT HOW WE CAN HELP YOU

EMAIL US

OUR TEAM

TOM WEIR
Director
BCom, MTax, CA, CTA, SSA

Tom has over 25 years experience dealing in the Small and Medium Enterprises (SMEs) market providing high level tax, business and accounting services through the accounting firm Bourne + Weir.  It was because of high demand for his expert knowledge on investments, tax structuring and superannuation that the Financial Planning company B & W Additions was started.

Tom is committed to providing a personalised service to each client that is specific to individual circumstances.  His is by no means a set and forget model. Tom is extremely conscious that client circumstances, tax laws and markets change and to this end there are regular reviews of financial strategies.

RODNEY JOHNSTONE
Certified Financial Planner
BBus, DipFP, GradDipAppFin

Rodney joined B & W Additions as a qualified Financial Advisor with over 25 years experience in the industry not just as an advisor himself, but also by the training of other advisors.

Rodney is able to provide a high level of clear and concise financial advice and assistance to his clients through detailed analysis of their needs. Rodney has particular expertise in assisting those clients who are moving to or have moved to retirement.

LUAN LUAN
Financial Planning Assistant
BCom, ADipFP, DipFP

Luan joined the B & W Additions team in 2018 as an assistant to Tom Weir. Her previous experience working in financial planning administration and client services means that she is a welcomed asset to the firm.

Luan brings to B & W Additions an extensive depth of knowledge after completing a Bachelor’s Degree in Commerce with a double major in Actuarial Studies and Finance. She has also completed an Advanced Diploma of Financial Planning.

VICKI LEE
Financial Planning Assistant
DipFP

Vicki joined Bourne + Weir in 2010 bringing with her previous experience in the Superannuation and Insurance Industry. Vicki moved across to B & W Additions in 2013 working as a financial planning assistant to Rodney Johnstone.

Many of our clients have great respect for Vicki’s implementation skills and rely on her to assist them with the day to day management of their financial affairs.

OUR SERVICES

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SUPERANNUATION

Having a Superannuation Fund that can deliver you the benefits you are after is one of the best ways to plan for the future.

It may be that we recommend that you have a Self-Managed Superannuation Fund (SMSF). If this is right for you, we can assist you in its set up and advise on all aspects of the maintenance of the fund that are relevant to you including compliance, investments, tax and pensions.

To make the job of taking care of your fund easier, our online reporting tool means that you have instant access to the performance of your fund.

If you would like to know more about how B & W Additions can help you with a new or existing SMSF please contact our office and speak to one of our advisors.

Call 03 9629 1433 or email us

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RETIREMENT PLANNING

Retirement planning can be broken up into Pre –retirement planning (5 – 10 years ahead of full retirement). This involves reviewing –

  • Your superannuation contributions
  • Your level of expenses
  • What level of income you want to target in retirement
  • Other investments, incomes and expenses
  • Transition to retirement, pension and salary sacrifice strategies
  • Semi–retirement
  • Potential for any Centrelink payments

And Post-retirement planning which involves reviewing –

  • Certainty of income and level of income during retirement
  • Mix of income from various (tax effective) sources
  • Claiming any available Centrelink payments
  • Effective use of all available assets
  • Estate planning

Our objective is to assist you in building the best possible asset base to enable you to live comfortably in retirement and to undertake the activities that you wish to pursue without having to worry too much about the financial side of things.

If you’d like to find out about the ways in which we can help you with your retirement planning please contact our office and speak to one of our advisors.

Call 03 9629 1433 or email us

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INSURANCE

Part of financial planning is to ensure that you will be financially protected should you have an accident or an illness that affects your income.

The four types of insurance to consider are:

  • Life Insurance
  • Total and Permanent Disability
  • Trauma
  • Income Protection

We can help you decide if insurance is relevant to you and if so what type and level of cover.
For further information regarding insurance please contact our office and speak to one of our advisors.

Call 03 9629 1433 or email us

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BUILDING WEALTH

Building wealth is what most of us aim to do. Mostly we wish to do this in a tax effective way. At B & W Additions, our task is to help you decide the most effective methods for your circumstances giving you viable alternatives to consider.

If you are interested in finding out how B & W Additions can assist you with building your wealth please contact our office and speak to one of our advisors.

Call 03 9629 1433 or email us

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INVESTMENTS

There are many forms of investments which can provide you with different types of returns. Types of investments might be:

  • Shares (ASX listed)
  • Managed Fund investments
  • Investment properties
  • Superannuation
  • Term deposits
  • Bank accounts

We can assist you in deciding what short, medium or long term investments are right for you and then help you to set up or acquire them. We regularly review your circumstances, the markets, tax changes and your investment risk so that any investments you have are always working as well as possible for you.

If you’d like to know how we can help you with your investments please contact our office and speak to one of our advisors.

Call 03 9629 1433 or email us

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ESTATE PLANNING

By astute Estate Planning, we can help you structure your affairs so that administration of probate is clear, the value of your estate is maximised and any tax and other expenses are minimised.

For more information regarding Estate Planning please contact our office and speak to one of our advisors.

Call 03 9629 1433 or email us

NEWS

Read about our latest news and events.

2019 Tax Planning – Businesses

2019 Tax Planning – Businesses

Cash flow is incredibly important to all businesses and cash flow dictates what a business can and cannot do. One of the businesses largest cash outflows is to the ATO […]

2019 Tax Planning – Individuals

2019 Tax Planning – Individuals

Now that we are through another Federal Election and we can all let out a collective sigh of relief knowing that we can still obtain a refund of unused franking credits either personally or through our […]

Year End Superannuation Strategies

Year End Superannuation Strategies

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2019/2020 FEDERAL BUDGET – Highlights

2019/2020 FEDERAL BUDGET – Highlights

The Federal Budget handed down last night by the Treasurer Josh Frydenberg has generally been agreed to be a responsible Budget[…]

GET IN TOUCH

Do you have a project you’d like to discuss or simply want to get in touch?
Send us an email or use the contact form below.

CONTACT DETAILS

B & W Additions Pty Ltd
Level 11, 50 Market Street, Melbourne Vic 3000
PO Box 200, Collins Street West, Melbourne Vic 8007
Telephone: 61 3 9629 1433
Fax: 61 3 9629 2314
Email: [email protected]

Total Financial Solutions Australia Limited
ABN 94 003 771 579
AFSL 224954
www.tfsa.com.au

03 9629 1433