David Marginson

Professional Wealth Services Pty Ltd

Gold

12 Yrs Experience

North Sydney, NSW 2060

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Working with clients to understand their goals and then assisting them to implement strategies to achieve their objectives is a passion and privilege for me.

Having led businesses and raised a family with my wife of over 40 years I know how hard it can be to remain focused on the medium and longer term actions that can achieve your financial goals. In this busy world of competing priorities I focus on helping my clients implement and understand how todays actions can lead to a better tomorrow for them and their family.

I have been providing financial advice for over 12 years working for a large bank, State Super and First State Super who are both now Aware Super the industry super fund and now a boutique advice firm in North Sydney. I am a Certified Financial Planner, the highest registration in the advice industry, and have a Bachelor of Commerce and MBA. I am also a member of the Financial Planning Association of Australia and the Self Managed Superannuation Fund Association.

My experience includes:

Recommending financial and investment strategies to achieve todays goals while also ensuring a comfortable retirement
Advice on transitioning from earning a salary to living off investments and superannuation savings
Advising on maximising superannuation outcomes whether it is for industry or retail or SMSF accumulation funds or the defined benefit funds - SASS and SSS for NSW and PSS and CSS for Commonwealth Government employees.
Assisting clients to transfer their wealth to their family now and through their estate while minimising the super beneficiary and investment capital gains taxes that can occur. This is especially relevant given the impending new Division 296 legislation which will levy additional taxes on those with large superannuation balances
Wealth protection strategies for individuals and family businesses using personal insurance and financial structuring.
An understanding of how to maximise opportunities presented by the social security and aged care systems
Advising clients who are a 30 year old couple starting out with their first child to those who are well retired and have many millions invested inside and outside superannuation– and all those in between!

Given the collegiate nature of the financial planning practice of seven other advisers I work with my response to any enquiry or ongoing need is same or next day. For instance recently an Aware Super member required advice on financial year end contributions to help minimise a large tax bill and the Statement of Advice to implement our recommendations was presented to her 5 business days later from the first appointment. She made the contributions in the last week before 30 June 2024!

If you believe I can be of assistance, or would just like to discuss your circumstances to see if I can add value, please contact me on:

1300 001 312 or david.marginson@pws.net.au

Superannuation
Insurance Protection
Managing Debt
Retirement & Pension
Shares & Investments
Redundancy
Aged Care
Cashflow & Income
Tax Strategies
Growing Assets

Advice fees vary depending on complexity of advice. Fees are agreed with the client before advice is created.

5.00 May 2024

Having David manage my wife’s and I finances the past few years has put our minds at ease for the foreseeable future. His financial knowledge and experience has helped us navigate the minefield of financial planning, so we can focus on having a trouble free retirement. His professional and kindness makes him somebody who you can completely trust to making important financial decisions.

5.00 April 2024

We first met David when I was going through a redundancy about five years ago, when he was the allocated adviser for my government super fund. We were so impressed with his knowledge and advice (which was impartial, honest, and demonstrably in our best interest, given his advice was not to use the super fund of his employer at the time!) we retained David on a one-off basis to manage my redundancy arrangements and some other changes to my wife's and my own superannuation and other banking arrangements, to improve our cost savings and future earnings. We were very satisfied with the outcome. Five years later, when I was about to turn 60, we sought out David at his new employer and met to talk about retirement planning. Again, his advice was exceptional, and we compared it against another adviser at the time. We have now retained David as our adviser on an ongoing basis, transferred our superannuation to a different fund, plus other arrangements to improve our outlook. We have recommended David often to friends and family, some of whom have also taken David on board as their financial adviser. I am happy to recommend David, and Professional Wealth Services, very highly.

5.00 May 2023

I have been dealing personally with David Marginson for more than 10 years as my financial adviser/coach and wealth management adviser.

My background is as a mother of 3 daughters, who has worked part time for some 40 years while supporting my family.

I have found David to be extremely well versed in all aspects of investment that are important to me as I am not a financial guru, and need quality advice from somebody I trust.

David has advised me on self funded pension planning, asset allocation to support retirement cashflow and inheritance & will planning.

Probably the most important aspect of financial planning & advice to me is to have an adviser who is prepared to take the time to fully explain strategies and sanity check that I have understood the strategy.

This is one of David's key strengths, as I have seen other advisers who focus all their attention on the high salary earner husband & ignore the spouse, whereas David gives equal attention to both my husband and myself regularly checking that we "both" understand his strategies & plans.

It is this level of care & understanding that encouraged me recently to recommend my daughter & her recently married husband to David for financial advice and planning.

I wouldn't hesitate to recommend David to anybody looking for a trustworthy & knowledgeable financial adviser.

5.00 May 2023

David Marginson has been my financial adviser & wealth management counsellor for more than 10 years across 3 different wealth management providers ( I moved employers & David changed investment adviser entities ). As background I was the elected Superannuation policy manager at my employer (a Global top 500 Corp) for their Australian staff for a period of 15 years so had plenty of interaction & visibility of best practice Superannuation and wealth management providers, and can say that David was one of the best professional advisers that we had. David is extremely knowledgeable on all aspects of investment vehicles, including tax impacts, and has a detailed understanding of the risk/reward benefits of all strategies. Also David has successfully advised me on best practice personal financial strategies covering job redundancy, retirement planning, inheritance positioning , self funded pension strategies and maximizing cash flow at a time when normal PAYE salaries have ceased. I have found that his financial advice on expected investment performance and desired asset allocations is always extremely accurate. Finally, I want to say that when you are dealing with your life savings & essential retirement incomes your adviser must be somebody of the highest character, completely open & trustworthy and somebody who can actually have real empathy for your position - David meets these requirements 100%.