Reid McGill Principles and Philosophy

Through our experience, Reid McGill has developed a series of key beliefs and philosophies below, that guide our advice and demonstrate how we like to help our clients.

When you, your family or friends consider taking financial advice, we suggest you seek to understand the 'beliefs' of the prospective adviser and see if these resonate with you.

·First we must determine what retirement income is achievable, and then reduce the risk of under-achievement

·Superannuation is a tax effective way to create wealth, more so than negative gearing

·Too much debt will destroy wealth

·Negative gearing is not saving

·Wealth should be created both inside and outside of super

·Strategy reviews will add more value than investment reviews

·Absolute return is more important than market return

·Diversification may not make you wealthy, but it will reduce the risk of disappointment

·Active fund managers rarely outperform their benchmarks in well researched markets

·In the future income will determine lifestyle not assets

At Reid McGill, once we are clear that our beliefs and ideas 'match' those of a prospective client, then we can confidently move forward and develop a mutually beneficial relationship with the client's goals at the centre.

Philip Reid and Scott McGill