Private Wealth
Management:
Your Questions.

$1 million in investable assets is a guideline, not an absolute minimum. Clients below that level can still access Private Office advice, with the same coordinated financial planning, investment, protection, and estate guidance. Our fees are tailored to the nature and scope of your engagement, and we will talk through what makes sense for your situation. You can read more on our Fees page or request an indicative fee before we meet.

The $1M guideline is about investment management, not who we work with. High-income earners whose financial complexity has outgrown standard advice (equity compensation, business interests, trust arrangements, protection, and cashflow strategy) are well-suited to Private Office regardless of current investable assets. We tailor the engagement, and fees, to your situation. See our Fees page and book a call to discuss what makes sense for your situation.

Private Wealth is our fully integrated, high-touch advisory service for clients with significant wealth and complexity. It covers investment management, financial planning, estate and succession planning, protection, and coordination with other professional advisers. LiftOff is our accessible service for New Zealanders building wealth, with a personalised investment portfolio, KiwiSaver strategy, insurance advice, and goal-based planning at a cost appropriate for an earlier stage of the wealth journey. Both offer genuine, adviser-led guidance. The right fit depends on your financial complexity and where you are.

Forsyth Barr, JBWere, and Craigs are broking and investment management firms. They are very good at what they do, but their core function is securities execution and portfolio management. My Net Worth is a holistic planning firm: investment management, financial planning, estate and succession coordination, and protection are brought together under one relationship. Where specialist accounting or legal advice is required, we coordinate with the client's existing professionals. We are also independently owned and do not receive investment product commissions or platform rebates, and all forms of remuneration are fully disclosed before you engage. The result is advice built around your complete financial picture, not around a product or platform.

For investment and planning advice, we are paid directly by you through our published fee schedules. For insurance advice, we are remunerated by the insurer when a policy is placed. This is fully disclosed and is the standard model for insurance advice in New Zealand. For Private Wealth clients our service is fully independent of any product provider. Our fees and remuneration structures are published in full on the relevant fees pages before you meet with us.

Yes. Our complete fee schedules are published for both LiftOff and Private Wealth. LiftOff advisory service is 0.50% per annum. Private Wealth advisory fees are tiered down from 1.00% per annum. Insurance advice costs you nothing directly. There are no hidden fees and no surprises.

The first conversation is a 45-60 minute discussion focused entirely on understanding your situation: where you are today, what you have built, what you want to protect, and the future you are working toward. There is no agenda, no product presentation, and no obligation. You do not need to prepare anything other than a willingness to talk openly about your financial life. We will ask questions. You should ask them too. The goal is to establish whether we are the right firm for you, and whether you are the right client for us.

Not in a Private Wealth mandate. We treat your KiwiSaver as one component of your total financial picture, positioned alongside your investment portfolio and retirement income strategy. We advise on fund selection, contribution rate, and the role KiwiSaver plays in your overall retirement plan rather than treating it as a separate product. This integration is one of the clearest examples of what coordinated advice produces that isolated advice cannot.

DIMS stands for Discretionary Investment Management Service: an FMA-regulated service that authorises an investment manager to make portfolio decisions on your behalf without requiring your approval for each individual transaction. This matters because it allows your investment mandate to be managed with the discipline and speed that institutional portfolios require, without requiring you to approve every rebalancing decision. Our investment portfolios are managed under a DIMS framework, which means your adviser can act in accordance with your agreed strategy without the delays that come from seeking approval for routine portfolio actions.

Yes. My Net Worth Ltd is a licensed Financial Advice Provider (FAP) under the Financial Markets Conduct Act 2013, regulated by the Financial Markets Authority (FMA). Our FSP number is FSP1012016, verifiable on the Financial Service Providers Register at fsp.govt.nz. We are also a member of Financial Services Complaints Limited (FSCL), an independent dispute resolution scheme. Our full regulatory and compliance disclosures are available in the Transparency & Disclosure statement.

In most cases, you will not know until someone reviews the whole picture at once. The most common gaps we find are: estate arrangements that have not kept pace with the family; KiwiSaver accounts in the wrong fund for the client's time horizon; life and income protection insurance that no longer reflects what the client has built; and investment portfolios that are overlapping, under-diversified, or unnecessarily expensive. If you have not had a comprehensive review of your financial picture in the last two to three years, something may have been missed.

Yes, and it is often the most effective arrangement. The Private Wealth advisory team regularly coordinates with clients' existing accountants, solicitors, and other professional advisers. We do not provide specialist tax or legal advice; our role is to keep those professionals informed and incorporate their advice into the client's wider financial and investment plan.

We advise on the financial dimensions of property as part of a client's overall wealth picture, including mortgage structure, financing strategy, cashflow, and how property sits alongside a broader investment portfolio. We do not act as property agents, provide tax or legal advice, or advise on specific property selection. Where specialist advice is required, we work alongside the client's accountant, solicitor, or property adviser.

You are not locked in. Our advisory relationships are based on value. If you do not find the advice we provide worth the fee, you should not stay. We ask for 30 days' written notice to wind down an ongoing mandate in an orderly way: transferring records, coordinating any outstanding positions, and ensuring continuity is maintained. We will never retain assets or create friction around a departure. A client who leaves because their situation changed is not a failure. A client who stays because switching feels too complicated is what we work to avoid.