Building financial partnerships
Paul Cooke (Centric Wealth), John and Rhiannon Heihir pictured above
Doctors John and Rhiannon Hehir finally have a financial plan setting them up for a secure future, thanks to Centric Wealth’s advisers.
The husband and wife duo – both doctors aged 47 and 48 respectively – joined Centric Wealth in 2003 after attending a medical dinner at which Centric Wealth adviser Paul Cooke was a key speaker. After years of receiving advice from multiple sources, the couple found themselves in need of a more streamlined financial plan. “We had no specific action plan. We didn’t know where to invest and we didn’t know how much we should be putting into super.”
That’s where Centric Wealth came in. Paul worked closely with John and Rhiannon to develop a simple plan for their business and personal finances. He introduced the couple to a bank manager, who they were impressed by and have stayed with ever since.
“Although we already had a bank, we had gone through several personal managers because nobody would actually get in touch with us. Changing banks went smoothly and we’ve never looked back.”
Paul also helped the Hehirs find an accountant, who provided them with a solid structure for their business accounts, underpinned by such methods as quarterly BAS statements and MYOB training.
The Hehirs initially joined Centric Wealth specifically for financial planning advice. However, Centric Wealth’s advisers were also able to assist the couple with their insurance and broader financial needs.
Risk adviser Elke Richardson visited John and Riannon’s home in Canberra, where they live with their three teenage children. After talking through their financial arrangements and their own personal and business needs, Elke was able to offer strategic insurance advice suitable to their roles in the medical profession.
“It seemed to be a big umbrella that opened up for us, that sort of encompassed everything.”
Thanks to Centric Wealth, John and Rhiannon now feel secure about their financial future. “The good thing is we don’t have to skimp now. I think we know what money we have and feel very happy to see the investments are doing well.
“I can ring Paul and he will advise whether to place our money in the super fund or investment loans for instance. Whereas before I didn’t know what to do with any extra money we might have had.
“I have no regrets of having gone down this path. I think my life’s certainly much easier...I feel as though we’re working as a team to get ahead.”