At Aspiri, we’ve been providing financial services such as wealth management for Patent Attorneys since 2005, and know the industry inside and out. Patent Attorneys is an area of the legal business that few people are familiar with. We’re not only familiar with their work but also how they charge clients and the complex nature of their partnerships.
We work with Patent Attorneys when they encounter the spirit financial services industry, particularly in terms applying our expertise in financial and associated taxation advice to maximise client wealth.
Because of their profession, Patent Attorneys recognise our specialist skills through technology, the efficiency of our portfolio management and the way we go about delivering ongoing, proactive, financial, and associated tax advice to maximise their wealth over time and minimise their involvement from a time perspective.
We are aware of the industry’s more recent consolidation that occurred in 2015, when Australia’s first patent firm was listed on the stock market. We’ve been involved in selling patent attorney firms, as well as the repercussions for individual partners and owners of those businesses, as well as CGT implications and opportunities.
We have a deep understanding of legal structures Patent Attorneys may require during their transition to becoming a partner or business owner in a patent attorney firm. From a financial career path standpoint, we consider if they’re an employee patent attorney or a principal of an attorney firm; whether they’re on track to become a partner; and whether they’re in training to become one.
Making the jump from associate to partner can be a lucrative move for lawyers, but there are some financial considerations to factor in. We appreciate that while partners in law firms typically enjoy a higher salary and a greater share of the firm’s profits, this also means there is a requirement to contribute more to the firm financially.
Our industry knowledge provides Patent Attorneys with peace of mind, knowing we can help set them up for success in their financial life, career, business, but more importantly, success in their personal life and family.
“We have been with Aspiri for many years and found that the advice provided has been very professional and in a courteous manner, with sound investment advice around our portfolio.”
C & L Clapper
“Since our first meeting with Aspiri more than 10 years ago, our confidence in the Aspiri team has never wavered. The expertise and the personalised advice and interaction they provide us, we feel very sure. Their advice has allowed us the luxury to pursue and now enjoy a lifestyle of our choosing. Thank you Aspiri team, you are all much appreciated.”
I & G Vayro
“I’ve been with Aspiri for 10 years after having my own self -managed Super Fund since 1988 . Since I retired 5 years ago I have drawn an annual income of over $100k and the balance of my account is what it was on retirement. They must be doing something right.”
P. Ewing
“The Aspiri team have been looking after my financial security for eleven years. They have been extremely supportive, helping me plan my future. As a self-funded retiree, their advice gives me the reassurance that I can go onto my latter years secure in the knowledge that my finances will allow me an ongoing comfortable retirement. “
D. Preston
“The team at Aspiri have been informative on a regular basis and in an accessible way that allows us as busy professionals with little knowledge of the financial world to feel empowered and confident that our wealth is being well cared for.”
J & J Conn
“In the time I have been with Aspiri, I have found them to be very good at what they do – they are very efficient and reliable, able to explain financial matters in a clear and simple way as well as having empathy and understanding for my individual circumstance.”
A. Stewart
“I have been a client of the Aspiri team for over 10 years. I can thoroughly recommend the team at Aspiri for providing financial advice for me and my family and for always providing outstanding service with passion and enthusiasm!”
A. Lee
“Several years ago we chose Aspiri, to manage our investments. The team are extremely personable, informed and easily contactable. They adjust portfolios in a timely way, based upon shifts in global markets and the client’s goals. We recommend the client-focused Aspiri team, with confidence.”
J & E Clancy
We don’t just talk about financial advice to our clients, we also like to give them some ‘lifestyle’ tips to help make...
Posted by Aspiri Financial Services Pty Ltd on Sunday, 8 August 2021
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