Financial Advisers in Sydney - Harrington Street

Morgans Sydney Harrington Street is a full-service stockbroking team based in the heart of the Sydney CBD, close to Wynyard and Circular Quay. We work directly with individuals, families and businesses to build share portfolios that reflect your goals, timeframe and risk tolerance, backed by the research and dealing capability of one of Australia's largest full-service stockbroking and wealth management networks.

Direct Share Investing: Professional guidance on selecting and managing individual ASX-listed shares as part of a considered, long-term strategy.

Morgans Research: Access company and sector research from our in-house research team to help inform your investment decisions.

Local and Global Market Access: Trade on the ASX and access more than 20 international exchanges across North America, Europe and Asia.

IPOs and Capital Raisings: Be kept informed of new listings and capital raising opportunities as they become available to Morgans clients.

Portfolio Administration: Our Wealth+ service can manage the reporting and paperwork behind your portfolio, so you can focus on your investment decisions.

Secure Client Portal: Track your holdings, prices and statements online, wherever you are.

To find out more about how our stockbrokers approach share investing, visit our national Stockbroking page, or contact the Morgans Sydney Harrington Street team.

Tax planning is an important part of managing your overall financial position. The way your income, investments and superannuation are structured can affect the amount of tax you pay, so it's worth understanding your options before making decisions.

Areas a Morgans Sydney Harrington Street adviser may discuss with you include:

Structuring investments to help manage after tax income
Salary packaging and remuneration structuring
Capital Gains Tax (CGT) considerations
Investing in shares that pay franked dividends
Superannuation contribution strategies
Gearing and borrowing to invest

General tax advice: Morgans does not provide tax advice. For advice specific to your tax position, speak with your accountant or a registered tax agent. Our investment and financial planning advice may be structured with tax efficiency in mind, but any tax outcome will depend on your individual circumstances.

Contact us: To discuss how your investments and superannuation might be structured, contact a Morgans Sydney Harrington Street adviser.

Alongside share market investing, Morgans Sydney Harrington Street offers advice across a range of cash and fixed interest options, helping you build a more diversified portfolio.

Cash management accounts: At-call cash accounts can be linked to your share trading account, making it easier to manage settlements, dividends and interest payments in one place.

Term deposits: A term deposit locks funds away for a fixed period, generally at a higher rate than an at-call account. Morgans has relationships with a range of Authorised Deposit-taking Institutions (ADIs) to help you find a term and rate suited to your needs.

Listed debt and hybrid securities: These investments can provide regular income, and in some cases franking benefits. Your adviser can help you consider whether they suit your income objectives and risk profile.

Government and corporate bonds: Bonds can help diversify a portfolio and are generally considered lower risk than shares when held to maturity, though returns are typically more modest.

Contact us: Speak with a Morgans Sydney Harrington Street adviser to discuss how fixed interest investments might fit into your broader portfolio.

Margin lending involves borrowing funds, in addition to your own money, to invest in approved financial products such as shares or managed funds. In effect, you are using borrowed money to increase the size of your investment.

To use margin lending, you need sufficient cash or existing shares to offer as security. Not all shares qualify as security, and lenders will only lend up to a set percentage of a share's value, known as the Loan-to-Value Ratio (LVR).

Things to consider:

Margin lending can allow you to invest in a wider range of assets than your own capital alone might allow.
Because you are investing more than you would otherwise, both gains and losses on your portfolio are magnified.
Interest on borrowed funds used for income-producing Australian investments is generally tax deductible, though tax outcomes depend on your circumstances. Speak to a registered tax agent for advice specific to you.
If the value of your security falls, you may be required to provide additional funds or securities at short notice (a margin call).

Contact us: Margin lending carries a higher level of risk than investing with your own capital and won't be appropriate for everyone. Contact a Morgans Sydney Harrington Street adviser to discuss whether it's a suitable strategy for your circumstances.

Morgans Sydney Harrington Street provides financial planning advice to professionals, business owners and families across Sydney's CBD. Our financial advisers take the time to understand your financial position and goals before developing a strategy designed to grow, manage and protect your wealth over time.

Personalised Financial Strategies: Work with a Morgans financial adviser to build a plan tailored to your income, goals and stage of life. Investment and Portfolio Advice: Guidance on constructing a portfolio aligned with your risk profile and objectives.

Superannuation and Retirement Planning: Consider how your superannuation and other assets can support your retirement. Personal Insurance Guidance: Consider appropriate cover to help protect your income and lifestyle.

Self-Managed Super Fund Advice: Explore whether an SMSF suits your circumstances and desired level of control. Ongoing Review: Your adviser reviews your strategy regularly as your circumstances and the markets change. Learn more about our national approach to Financial Planning, or get in touch with a Morgans Sydney Harrington Street adviser to discuss your goals.

Morgans Sydney Harrington Street can help you consider the right personal insurance cover for your circumstances, so you and your family have a plan in place if the unexpected happens.

An illness or injury that stops you from working can affect your income and your family's financial security. Considering your options in advance can help you understand what would happen if you were unable to work for an extended period.

Types of cover:

Life insurance: Provides a lump sum payment to your nominated beneficiaries in the event of your death.

Total and Permanent Disability (TPD) insurance: Provides a lump sum payment if you become totally and permanently disabled and unable to work due to illness or injury.

Income protection: Can replace a portion of your income if you're unable to work due to illness or injury, generally up to 75% of your income.

Trauma insurance: Provides a lump sum payment if you're diagnosed with a specified serious illness or medical condition.

Business expense insurance: Can help cover ongoing business costs, such as rent and salaries, if you're unable to work due to illness or injury.

How we can help: With a wide range of personal insurance products available, choosing the right cover can be difficult. A Morgans adviser can help you understand your options and consider a policy structure that suits your needs and budget.

Contact us: Contact a Morgans Sydney Harrington Street adviser to discuss your personal insurance options.

Options

An option is a contract giving the holder the right, but not the obligation, to buy or sell shares at a set price by a set date.

Call options give the holder the right to buy the underlying shares.
Put options give the holder the right to sell the underlying shares.

Options are traded on the ASX over many of Australia's largest listed companies.

Why investors use options:

Risk management: Put options can be used to help protect the value of shares you already hold against a potential fall in price.

Flexibility: Options give you time to decide whether to buy or sell shares at a locked-in price before the option expires.

Leverage: Options can provide exposure to a share price movement for a smaller initial outlay than buying the shares outright. This also means potential losses can be magnified relative to the initial outlay.

Income: Some investors write call options over shares they hold to receive an upfront premium, though this may mean selling their shares if the option is exercised.

Risks to consider:

Options carry a higher level of risk and may not suit every investor.
The value of an option can be eroded by time, even if the underlying share moves in the direction you expect.
Because options are a leveraged product, losses can accumulate quickly.
Options have a limited life and need to be monitored closely.
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Warrants

Warrants are a type of derivative issued by banks and other financial institutions and traded on the ASX. They allow investors to gain exposure to an underlying asset, such as shares, without owning it outright.

Different types of warrants are available, including instalment warrants, trading warrants and structured products, each with different risk and return characteristics.

Call warrants benefit from a rise in the price of the underlying asset.
Put warrants benefit from a fall in the price of the underlying asset.

Contact us: Options and warrants are complex products that carry a higher level of risk. Contact a Morgans Sydney Harrington Street adviser to discuss whether they are appropriate for your circumstances.

Morgans regularly offers clients access to new investment opportunities through Initial Public Offerings (IPOs) and capital raisings across a range of asset classes and industry sectors.

View our current offers here, or contact a Morgans Sydney Harrington Street adviser to find out how you can be kept informed of upcoming opportunities.

Morgans Sydney Harrington Street helps professionals, business owners and families across Sydney plan for retirement through considered superannuation advice. We work with you to understand your contribution options, structure and long-term retirement goals, so your super strategy can evolve as your circumstances change.

Contribution Strategies: Understand how concessional and non-concessional contributions, including salary sacrifice, may fit your circumstances.

Superannuation Structuring: Consider how your super is structured to help manage tax within the concessional superannuation environment.

Spousal Contributions: Explore contribution splitting strategies between partners as part of a household retirement plan.

SMSF Considerations: Assess whether a self-managed super fund could suit your desired level of control and involvement.

Retirement Transition Planning: Plan around preservation age and pension eligibility rules as you approach retirement.

Investment Alignment: Structure your super investments to reflect your risk profile and time horizon.

Explore our national approach to Superannuation advice, or contact a Morgans Sydney Harrington Street adviser to discuss your retirement plan.

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Wealth+ SMSF Solution is Morgans' self-managed super fund (SMSF) administration service, combining fund establishment, ongoing administration and investment advice through a single point of contact.

It's designed for investors who want the flexibility and control of an SMSF, without taking on all of the associated administrative work themselves.

What's included:

Trust deed establishment: Your SMSF is established using a professionally drafted SMSF trust deed.

Fund administration:

Preparation and maintenance of statutory member records
Preparation of annual financial statements
Coordination of your fund's annual audit
Preparation and lodgement of your fund's income tax return
Ongoing monitoring of your fund's investment strategy compliance

Investment management and reporting: Your SMSF investments are managed through our Wealth+ Managed Portfolio Service, giving you access to consolidated reporting on your fund's portfolio alongside your annual member statement.

Why clients use Wealth+ SMSF Solution: Rather than coordinating separately with an accountant, auditor and financial adviser, your Morgans adviser acts as a single point of contact for your fund's administration and investment advice, with fees generally deducted from your Wealth+ cash account.

Contact us: Contact a Morgans Sydney Harrington Street adviser to find out whether Wealth+ SMSF Solution is right for your fund.

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A growing number of Australians are choosing to take direct control of their retirement savings through a self-managed superannuation fund (SMSF).

An SMSF gives members control over how their superannuation is invested, with the ability to select specific assets such as listed shares, term deposits, managed investments and international equities, subject to the fund's investment strategy and superannuation law.

How we can help: Morgans Sydney Harrington Street offers advice across the establishment, investment and ongoing administration of SMSFs, supported by our technical research team, who help keep advisers informed of superannuation and legislative developments.

Our services:

SMSF administration and investment advice: Our Wealth+ SMSF Solution combines fund administration, compliance support and investment advice through a single point of contact.

Investment reporting: Our Wealth+ Managed Portfolio Service provides consolidated reporting on your fund's investments, which can also assist your accountant with annual administration.

Find out more: Running an SMSF comes with ongoing compliance obligations and is not suitable for everyone. Contact a Morgans Sydney Harrington Street adviser to discuss whether an SMSF may suit your circumstances.

Retirement planning is about building the income and financial security you'll rely on once you stop working. Estate planning is about preserving what you've built and passing it on in the way you intend.

How we can help: Morgans Sydney Harrington Street advisers are supported by a dedicated technical research team who keep across legislative changes affecting retirement and estate planning. Whether you're winding down your working hours or starting to think about your estate, we can help you work through the options.

Retirement planning: Good retirement planning takes both tax and investment considerations into account. It's rarely too early to start, and it's worth making sure your income in retirement is structured to suit your needs.

Income in retirement typically comes from three sources:

Superannuation: pension income or lump sum withdrawals
Non-superannuation assets: returns from shares, property, cash and fixed interest
Centrelink: age pension entitlements, where applicable

We can help you consider how to structure these sources to meet your needs.

Estate planning: Estate planning is about distributing your wealth to your chosen beneficiaries in a way that reflects their circumstances and yours. It starts with having a current, valid will, and often extends to:

Powers of Attorney
Medical directives
Testamentary trusts
Business succession planning
Nomination of superannuation death benefits

Superannuation doesn't automatically form part of your estate under your will. Without proper planning, the trustee of your super fund has discretion over how your death benefits are paid. A binding death nomination can help ensure your wishes are followed.

Implications for SMSFs: If you have a self-managed super fund, trustees and members generally have more direct control over how death benefits are distributed. It's worth preparing a clear strategy for this, reflected in your fund's trust deed, along with a plan for winding up the fund if all trustees and members pass away.

Find out more: Contact a Morgans Sydney Harrington Street adviser to talk through your retirement or estate planning needs.

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Wealth+ is Morgans' portfolio management service. It takes care of the administration behind your investments, share trades, dividend and interest payments, and correspondence, and gives you regular reporting so you can keep track of your portfolio's value and expected income.

Many clients don't have the time or inclination to manage this paperwork themselves. Wealth+ is designed to free you up to focus on your investment decisions rather than the admin that comes with them.

How Wealth+ works: Your investments stay in your name (unlike pooled platforms that hold investments under a custodian name), with your registered address changed to care of the Wealth+ service. We receive and manage your correspondence, follow up on missing documentation or entitlements, and liaise directly with share registries and product providers on your behalf. When new opportunities arise, such as entitlement offers or share purchase plans, your adviser will let you know, and we handle the paperwork if you decide to participate.

What's included:

Proactive portfolio oversight, with recommendations made where appropriate
One adviser as your single point of contact for administration and investment matters
Reduced paperwork, with documentation relating to your investments collected and managed for you
Regular reporting to help you monitor your portfolio's valuation and forecast income
A comprehensive tax report to support your annual tax return, with the option for us to liaise directly with your accountant
Assistance determining the correct tax treatment for more complex situations, such as takeovers or schemes of arrangement
24-hour secure online access to your portfolio, with delayed pricing on listed investments
Timely updates on capital raisings, including IPOs and entitlement offers
Third-party payment arrangements at no additional cost
Wealth+ fees that may be tax deductible for most investors, though this depends on your individual circumstances

Contact us: Contact a Morgans Sydney Harrington Street adviser to find out more about Wealth+ and whether it suits the way you manage your portfolio.