Latest news with #MattConradi
Telegraph
05-06-2025
- Business
- Telegraph
Masterclass live at 12pm on 26 June 2025
Speakers Holly Mackay, investment expert and founder of Boring Money, and Matt Conradi, deputy chief executive at Netwealth, will discuss a range of topics critical to long-term wealth preservation as well as answering your questions about why it's important to diversify beyond bricks and mortar. The webinar will start at 12 noon on Thursday 26 June
Telegraph
30-05-2025
- Business
- Telegraph
Why it pays to diversify your investments beyond property
In the UK, people like to invest in what they can see – usually bricks and mortar – and judging by the property market over the last couple of decades, it's clear why. 'A whole generation of people have put money in their own homes, in rental properties, and by and large that's turned out well – prices have risen, properties earn an income and people feel good about it,' says Matt Conradi, deputy chief executive of wealth managers Netwealth. 'In the UK, we tend not to see property as a risk.' But when a new phase of life beckons, tax rules evolve and interest rates rise, having so much of your money in property can lose its appeal. 'If you are beginning to think about a stable income in retirement, gifting some wealth to the next generation, drawing down on capital, then exposure to just one asset class – UK residential property – doesn't give you much flexibility. All your eggs are in one basket,' he explains. Nor can you easily take out a little cash – as he puts it, 'you can't just sell a bathroom'. At this stage, it makes sense to diversify. 'Not only through different asset classes such as stocks and bonds but also diversification in its broadest sense,' he says. 'That means flexibility in how your money is packaged, how and when you can use it and how much you need to meet life goals. A fixed rental income can take you over tax thresholds and doesn't give much room for manoeuvre.' With a spread of assets, individuals can take advantage of market price fluctuations and tax rules to withdraw cash more efficiently. 'You don't want to take money out when the market is 20 per cent down – it's much harder to recover. So you diversify to minimise the risk.' Property can also be inconvenient, especially for owners on the brink of lifestyle changes. 'They might be poised to travel – they don't want someone calling at 7pm to say the boiler is broken. They don't want the hassle,' he says. That's where the Netwealth team comes in – helping clients understand how to spread risk and plan around key milestones, from paying off a mortgage to gifting wealth or fixing a date for retirement. Using a blend of expert advice, innovative technology that shows exactly where money is invested, along with tools to model future outcomes, Netwealth supports clients at every stage. The firm also stands out for its low fees – often as low as 0.35 per cent – thanks to its use of low-cost passive funds and efficient digital tools. They'll also help clients make the most of Isas and pensions, and adapt to changing legislation, such as the proposed changes to inheritance tax changes that are due in 2027. 'Although you should never take any decision for tax reasons alone. It must fit with your goals,' he says. 'Expert advice and investment management combined with the latest technology – with much lower fees – help individuals to see how their own investments will fare in different scenarios and reveal trends to build long-term wealth preservation through excellent investment management,' he says. Lower fees can save life-changing sums – tens of thousands of pounds over time, he adds. 'Many people haven't dealt with wealth managers before and might be sceptical about charges – ours are low and our technology offers transparency.' After a lifetime of careful saving, some find it difficult to shift gears: to balance their portfolio, start spending or support their family. Personal finance projections can offer clarity and confidence, showing whether goals are achievable or if wealth could be passed on more efficiently. Others may feel uncertain about market risk, which is why Netwealth offers flexible levels of support, including regular check-ins. 'We don't say, 'Come to us we'll be up 5 per cent when markets are down.' Returns accrue over time and there will be ups and downs,' he explains. 'We can't predict markets or inflation – those are outside our control. But we focus on what we can manage: smart diversification, efficient tax use, paying lower fees and thoughtful planning. that will be how you get the benefit of better returns over time.' Find out more at When investing, your capital is at risk Netwealth Investments Limited is authorised and regulated by the Financial Conduct Authority, with firm reference no. 706988. Registered in England and Wales, with company no. 09493628 and with registered offices at The Bloomsbury Building, 10 Bloomsbury Way, London, WC1A 2SL.
Telegraph
30-05-2025
- Business
- Telegraph
Join Netwealth's Beyond Property masterclass
In the UK we often choose to invest in bricks and mortar, but with frequent tax rule changes and relatively high interest rates currently the norm, is this really the best way to build your wealth? Our panel of experts will discuss why it's important to diversify beyond property and how to make your wealth work for you. Sign up to join the webinar on 26 June to hear Holly Mackay, investment expert and founder of Boring Money, and Matt Conradi, deputy chief executive at Netwealth, share their expertise and to hear them answer your questions. Guest speakers Holly Mackay: Mackay has 25 years' experience in the financial service industry and is the founder and chief executive of Boring Money, a free, independent website that offers consumers help with investments and pensions. Matt Conradi: Over the past 15 years, Conradi has worked with a wide range of clients and families to build their financial plans and manage their investments. As head of client advisory at Netwealth, he has helped to develop proprietary wealth planning tools, financial advice and guidance services so that clients can make more informed decisions about their financial futures. Host Helena Pozniak: A freelance journalist and editor with over 15 years' experience in print and television. At the BBC, Pozniak was a producer and reporter on European news and features (BBC World) and before that she worked for Reuters. She currently writes for The Telegraph, other newspapers and magazines as well as leading universities and school publications. Event Details: Theme: Beyond Property: Long-Term Wealth Preservation with Netwealth Host: Helena Pozniak Guest speakers: Holly Mackay, Matt Conradi Date: 26 June 2025, 12-1pm Location: Online webinar (email address required for access) Eligibility: Attendees must be aged 18 or over Key dates: Attendees must register before 23:59 on 24 June 2025 Register here for this Telegraph Media Group hosted event for Netwealth: Find out more at When investing, your capital is at risk Netwealth Investments Limited is authorised and regulated by the Financial Conduct Authority, with firm reference no. 706988. Registered in England and Wales, with company no. 09493628 and with registered offices at The Bloomsbury Building, 10 Bloomsbury Way, London, WC1A 2SL.
