Executive Financial Planning - Bradley Nuttall Ltd - Enhancing productivity Financial Planning
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Executive Financial Planning
Financial Planning
Investment Management
Risk Management
Estate /Asset Planning
Bradley Nuttall Ltd — Enhancing productivity
Facing the new financial future
Thanks to new laws regarding who can provide financial advice, Human
Resources (HR) Managers of large and successful firms will be unable
to provide any meaningful financial direction without risk of overstepping
the boundaries. Even key benefit packages such as KiwiSaver will
be communicated by form rather than with personal and thoughtful
consideration.
Bradley Nuttall is a resource to top firms to work in this new environment and
ensure their key executives receive advice which enhances their value and
productivity to the firm.
Current problems facing top firm HR managers
• Lost productivity: Executives spend an average of 1 to 3 hours weekly
tinkering with their financial affairs while at work. This includes managing
their finances, watching shares and reviewing their KiwiSaver scheme.
• Legal risk: Human Resource Managers that consult executives on benefits
typically provide generalized advice and are unwilling (appropriately so) to
Planning areas covered go out on a limb and risk providing specific, personalized advice. If they
did so, they could potentially violate new securities laws and be liable to
• Investment plan review penalties.
• Personal debt management • Compliance problems: Executives in public companies investing and
divesting of their shares and options may be doing so negligently.
• Retirement and KiwiSaver planning Executives in companies thinking of going public must develop an
appropriate and prudent strategy to trade in company shares.
• Estate, charity and gift planning
• Benefits confusion: Executives are not maximising their benefits and are
• Personal risk management confused about how to best utilise benefits such as KiwiSaver.
• Executive compensation and • Poor executive retention: Executives sometimes leave a business for offers
benefits planning that appear more lucrative without completely understanding their current
benefits. They may see foreign job offers as the key to securing their
• Single share and concentrated financial future because they haven’t adequately structured their finances
portfolio unwinding nor are they on track to reach their goals.
• Property risk
• Income tax planning and preparation Executive financial planning adds value
• Education funding • Retention and attraction of key individuals
• Share option planning (if a publically • Better job performance
traded firm)
• Protection against financial recklessness
• Mitigation of conflicts
• Benefit maximisation and fewer HR queries
Bradley Nuttall Ltd — Enhancing productivity
Proposed services
Executives receive our highest service
proposition, required for successful
individuals leading busy and prosperous
lives.
Step 1: Comprehensive data collection
Step 2: Preliminary plan review and
presentation of data
Step 3: Financial plan and
recommendations
An in-depth analysis, including
strategies and recommendations in each
planning area combined with extensive Retention and attraction of key individuals
consultations with the client to review the
plan and recommendations. Bradley Nuttall will ensure that executives are on track to reach their
financial goals, maximise their current benefits and protect themselves
against potential risks. Executives on course to reach and attain their goals,
Step 4: Implementation and that avoid expensive financial losses, find offers from other potential
employers less attractive. Bradley Nuttall will help executives analyse how
Regular meetings help the client all the elements of their compensation package assist them in achieving
implement each key recommendation, their financial goals. This encourages executives to fully consider the risks
working off an implementation plan with involved in changing employers.
clear deadlines and responsibilities.
We assist with all implementation not
requiring legal advice.
Better job performance
Step 5: Monitoring, on-going consultation Employees spend an average of one to three hours weekly tinkering
and updates with their financial affairs while at work. Executives who are not properly
advised are likely to spend disproportionate amounts of time and energy
Meetings can occur on or off site inefficiently managing their personal finances. In contrast, executives who
according to the firm’s preference. work with an independent financial adviser are more likely to delegate
many of their financial responsibilities to the adviser. This creates more
orderly, predictable financial affairs and peace of mind leading to greater
time efficiencies and fewer distractions from their day-to-day corporate
responsibilities.
Protection against legal and financial mistakes
Executives receive an in-depth education on the principles of financial
planning and well as securities and tax laws where relevant. Executives
working with Bradley Nuttall are less likely to engage in negligent behaviour
which could bring harm, lead to large distractions from productive work and
in the worst cases reflect badly on the firm. By working with Bradley Nuttall,
executives are more likely to make responsible, thoughtful personal financial
decisions.
Bradley Nuttall Ltd — Enhancing productivity
PLANNING • INVESTMENT • RISK • ESTATE
Mitigation of conflicts
Conflicts of interest can, and do, arise between a company
and its executives. Some examples of these situations include
salary negotiation, executive option exercises or purchase and
sale of company shares. While company-sponsored financial
planning is typically financed by the company, the planner
generally assumes a duty of loyalty to the individual executive.
Therefore, the company can be assured that its executives will
have their own personal advocates who will provide them with
independent and reasonable advice in situations where the firm
cannot.
Benefit maximisation and fewer
HR queries
Providing company-sponsored financial planning requires a
relatively small financial investment. Yet, the company’s return
on that small investment can be substantial. In addition to
adding value as listed above, the company is able to maximise
the value of all of its other benefit plans by providing executives
and senior management the education necessary to understand
and fully utilise them. Because executives better understand
and appreciate their benefits and compensation packages, you
can expect fewer inquiries to HR and benefits departments.
Other related benefits to the business
• Reduced executive stress
• Financial clarity for key executives
• Overall enhancement of corporate culture
Finally, Bradley Nuttall helps our clients to live in alignment with
personal values and find greater satisfaction with their use of
time.
Bradley Nuttall Ltd — Enhancing productivity
Bradley Nuttall Ltd
Executive Financial Planning
64 Cashel St (Cnr Cambridge Terrace), Level 3
Christchurch 8140
P: +64 3 364 9119
F: +64 3 364 9147
www.bnl.co.nz
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