As we eke out the last of the summer days and reluctantly tiptoe our way towards the autumn equinox, the thought of our hastily-set resolutions just a few months ago are now a distant memory. How is that gym membership going? and the daily meditation? Perhaps it’s time to reflect on something a little more enduring: your financial aspirations and legacy.
As we switch into a new phase following the holiday season, it’s an ideal time to reflect on your financial aspirations and consider the strategies that will strengthen your wealth’s impact across generations. There are financial goals to consider, asset allocation, diversification, investment strategies and tax considerations, but of course, generational wealth is so much more than just a bank balance. It’s your family’s story, shared values, purpose and a collective vision for the future.
Wealth, in its most enduring form, is the narrative passed down through generations, intricately woven into the very fabric of family values, experiences, and lessons learned. When wealth becomes disconnected from its origin, it loses its emotional power – so embrace the power of storytelling.
Set intentions that prioritise nurturing your legacy. Foster open conversations about finances within your family. Money and wealth can be sensitive topics, but it’s essential to create an environment where discussions are encouraged. Discuss your own wealth building journey; the challenges you’ve faced, the decisions you’ve made, and the lessons you’ve learned along the way. Engage younger generations, empowering them to make informed financial decisions, too.
While self-guided planning is valuable, professional guidance can significantly enhance your wealth management strategy. A wealth advisor can play an instrumental component in your planning and can offer expert guidance in structuring your investments, optimising tax strategies, and developing acomprehensive plan to manage your wealth across generations.
As you look ahead to the year, consider making a commitment to building a lasting legacy foryourself and future generations.
To find out more download our Wealth with Pie brochure or contact us and speak with one of the team.
Information is current as at 31 March 2025. Pie Funds Management Limited (“Pie Funds”) is the issuer and manager of the funds in the Pie Funds Management Scheme and the Pie KiwiSaver Scheme (“Schemes”), the product disclosure statements of which can be found at www.piefunds.co.nz. Any advice is given by Pie Funds and is general only. Our advice relates only to the specific financial products mentioned and does not account for personal circumstances or financial goals. Please see a financial adviser for tailored advice. You may have to pay product or other fees, like brokerage, if you act on any advice. As manager of the Schemes, we receive fees determined by your balance and we benefit financially if you invest in our products. We manage this conflict of interest via an internal compliance framework designed to help us meet our duties to you. For information about how we can help you, our duties and complaint process and how disputes can be resolved, or to see our disclosure statement, please visit www.piefunds.co.nz. Please let us know if you would like a hard copy of this disclosure information.