Areas of Expertise
- Wealth Management
- SMSF Management
- Wealth Preservation
- Effective Debt Management
- Tax Effective Investments
Education
- Adv Dip (FP)
- Dip FMBM
- MFAA
Nicholas Carmichael
Director, Financial Planner and
Accredited Mortgage Consultant
Nick’s specialises in helping clients realise their financial goals and objectives and places great emphasis on debt management and protection of client’s biggest asset their income. Without income there is no lifestyle so it is the most important asset to protect.
“It’s really the relationship between the client and the advisor that value adds, not so much the product or the solution. Through a relationship of trust we can build something strong together. Financial freedom is the aim.”
According to Nick, the school curriculum should include money management and wealth creation because too many people don’t seriously consider financial planning until debt is scratching at their door. Young people fall in love, move in together and buy a house. Their first experience of financial planning is debt – their mortgage – then they have to start planning backwards. His motto is, ‘It’s never too late to start, but it’s never too early to start either.’
Sitting down with people to find and quantify the positives in his clients’ situations is the most challenging and rewarding part of Nick’s job. He says, ‘It’s really the relationship between the client and the advisor that value adds, not so much the product or the solution. Through a relationship of trust we can build something strong together.’ Financial freedom is the aim. “
During Nicks’ 23 years in the police force, he always had an interest in wealth accumulation because he knew he wanted a better post-work life than his superannuation would provide. He began to read books on goal setting and achievement, which led him to set goals in his own life. Often overhearing colleagues talking about their lives being controlled by lack of money, but none having a plan to relieve their financial problems or build future wealth, he decided he could guide people like this through setting and reaching their financial goals. He studied financial planning and has been living his passion ever since, and his clients are the beneficiaries.
The CFP family is Nick’s place. His colleagues’ ethics, commitment and working style mesh perfectly with his own. It’s a strong team environment as each CFP adviser specialises in specific areas of financial planning. The company is able to offer targeted and knowledgeable service to clients at all ages and stages of their lives.
Outside of work, Nick’s family is most important and spending time with his wife and 3 boys is where the most enjoyment comes. Nick also likes to play golf, watch sport, exercise and eat and drink good food and wine.
