Changes are happening - please bear with us while we update our site.

Changes are happening - please bear with us while we update our site.

Case study: how the ultra wealthy invest, exiting a $5m business, unlisted versus listed funds & more, ft. Renee Condylis

Owen Rask hands Renee Condylis, a senior financial adviser at Perpetual, a case study of Lois and Clark and asks her to unravel it.

Listen to the podcast now

Renee Condylis is a senior financial adviser at Perpetual, working with high-net-worth families, individuals and clients.

In this Australian Investors Podcast episode with Owen Rask, Renee is given a case study of a couple, Lois and Clark, who want to retire comfortable while also exiting their business.

You’ll find the full case below.

GET IN TOUCH WITH RENEE ON LINKEDIN

Lois & Clark’s situation

Lois (59) and Clark (62) Kent live in Parramatta, NSW. They have a $550,000 mortgage and 2 kids (17 and 24).

Lois a journalist earning $110,000 + Super and Clark runs a private security business, Super Protection Ptd Ltd, estimated to be worth $5 million (based on 2x sales or 10x profit).

The couple has approximately $1 million outside of Super (in a smattering of unlisted funds, LICs and a few ETFs and stocks), plus $210,000 for Lois and $240,000 for Clark in Super. Clark believes he is a high-risk investor, and currently manages a portfolio of funds and ETFs. Lois thinks she is more conservative-to-balanced but Clark convinced her to go high-risk inside Super and she’s happy with the decision.

The only major goal they have is wanting to retire within 10 years, being self-funded and debt free. They’re not too worried about leaving much to their children, but would like to give back regularly and support their children with their first home and/or weddings when the time comes (probably in the next 4 years). They’d also like to travel modestly every few years.

If you ❤️ this episode, you’ll LOVE our series. Episodes go live every Saturday at 7 am and Wednesday arvo.

We air an interview with an Australian or international investing expert every Wednesday, and Q&A every Saturday! Subscribe below 👇

Podcast resources

SAy g'day to these 👇

The information on this website and in our podcasts is general financial advice only. That means, the advice does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. In addition, you should obtain and read the product disclosure statement (PDS) before making a decision to acquire a financial product. If you don’t know what your needs are, you should consult a trusted and licensed financial adviser who can provide you with personal financial product advice. Please read our Terms & Conditions and Financial Services Guide before using this website.

Share this episode:

Search by ticker code:
Generic filters

Stocks mentioned

Like Rask podcasts? Get Owen's weekly newsletter.

Want to level-up your analytical skills and investing insights but don’t know where to start? We can help. Join 50,000 Australians on Rask’s mailing list today and we’ll send you our favourite podcasts, courses, resources, investment articles and podcasts every week. Delivered to your inbox every Sunday morning. Grab a coffee and let Owen and the team bring you the best investment insights every week.

Skip to content