Asset Innovation Award 2007

GOODMAN RECOGNISED FOR THEIR INNOVATIVE APPROACH TO SUCCESSION PLANNING

Goodman private wealth advisers has again been recognised in the Asset Magazine / Financial Review Awards for 2007. The firm was national runner up in the category for succession planning. In her article about the firm, journalist Leung Yeow describes Brad Church and James Goodman as “men on a mission”.

She says “clients expect that the financial planning firm they engage will be sustainable enough to provide services to them throughout their life.  They want to feel some certainty that when their planner retires or leaves the industry, another adviser who they know, trust and respect will be there for them”.

Issues that Goodman were able to demonstrate to the judges included:-

• Having a written plan covering all aspects of the succession from John Goodman to James and Brad
• Actually measuring outcomes against pre-determined goals eg
  • rate of client transition to new advisers
  • maintaining client satisfaction through the process (it actually improved)

Yeow notes that “compared with similar organisations, Goodman has modest growth plans.  It aims to increase client numbers slowly and only take on new clients if they fit the firm’s description of an ideal client.  Wealthy families fit that profile”.

Family Business of the Year Award 2006

GOODMANS CELEBRATE FAMILY BUSINESS OF THE YEAR AWARD

Goodman private wealth advisers has won the Family Business of the Year Award - Second Generation Category, applauding best practice, performance, professionalism and commitment to community service by a substantially family owned and managed business.

Goodman Chief Executive, Brad Church, said this industry recognition firmly positions Goodmans at the front-line as a first class business manager in its own right.

"We are not simply private wealth advisers to successful individuals and their families but an award-winning family business operator running an efficient and profitable business," Church said.

"Ultimately, our industry acknowledged business acumen, together with our unique understanding of the specific needs of successful individuals and families, mean better service for clients as we move our business forward," he said.

In his remarks Hume Campbell, Family Business Australia Queensland Chairman, said that all the winners displayed the essence of a family business and had the mechanisms in place to ensure that their businesses will succeed well into the future.

"We know that family businesses make a huge contribution to the Australian economy. The Queensland Family Business of the Year Awards is an opportunity to acknowledge outstanding family businesses for their success and planning," he said.

Goodman private wealth advisers were in good company with awards also granted to well known Queensland businesses The Motorama Group and Balladean Estate Wines.

The Family Business of the Year Awards are sponsored by ANZ and supported nationally by the Federal Government's Department of Industry Tourism and Resources.

Goodman private wealth advisers has now been entered as a finalist in the National Family Business of the Year Awards to be announced in August 2006.

About Family Business Australia
Family Business Australia is a national, not-for-profit organisation for family members working in a family business and for their professional advisers, that provides relevant and useful information, training, education, mentoring and research to assist family businesses succeed in the future.
More information at: www.fambiz.com.au

Asset Innovation Award 2005

GOODMAN PRIVATE WEALTH ADVISERS ACCLAIMED LEADERS IN CLIENT MANAGEMENT

Goodman private wealth advisers, Queensland's leading private wealth advisers for successful people, received the highly commended award in the client management category of the inaugural Asset Innovation Awards 2005.

Chief Executive Brad Church said that this recognition is another facet of Goodman private wealth advisers evolution, which now sees the firm recognised Australia-wide as leaders in the area of client management. It reflects the firm's commitment to continually improve by meeting client service challenges head-on and seeking out solutions.

"Our ongoing drive to enhance the quality of everything we do means there is no time to rest on our laurels, but we take pride in knowing that our service-quality program ranks as one of the best," Mr Church said.

Presented by Asset Magazine in conjunction with the Australian Financial Review, the Awards focus on the innovation and work undertaken by financial planners so as to deliver better service to clients and improve business efficiency.

"At Goodman private wealth advisers we adopt a total organisational approach which makes quality the number one driving force for our business operations," Mr Church said.

"We believe that our success can largely be attributed to three factors. Our people, who have an inbuilt passion for producing quality outcomes. Our processes - every aspect of our work is carried out in accordance with carefully crafted processes which are used to design and implement tailor-made solutions for our clients. Performance measurement - we measure adherence to process standards and the outcomes which our clients see and receive."