JBWere

JBWere is committed to working alongside clients and sector partners to encourage more and better giving in Australia. It is with this goal in mind that our experts, Shamal Dass & John McLeod, have made a submission to Treasury’s Giving Fund Reforms: distribution rate and smoothing consultation paper. This follows JBWere’s submissions in May 2023 and February 2024 to the Productivity Commission’s Philanthropy Inquiry. As a trusted adviser and partner to many philanthropists and for-purpose organisations that rely on philanthropy, we believe it is important to share our views based on the perspectives of our clients, partners, and collaborators in the sector; combined with the experience and expertise of the members of our Philanthropic Services team. Our submission is a result of extensive research, conversations with our network, and decades of experience. We look forward to engaging proactively with leaders across government, the for-purpose sector and our private clients on this matter and all others that support a more philanthropic Australia. View our submission here: https://lnkd.in/g_s6nkcV If you would like to discuss this submission or explore how JBWere can help you or your organisation, please contact your JBWere adviser or us directly at [email protected].

In case you missed it, JBWere’s Peter Roach recently spoke with journalist Duncan Hughes for Investor Strategy News about the hidden dangers confronting family offices. He warned that the biggest threats to family office wealth aren’t market swings, but the risk of emotional biases leading to over-concentration. He talked about the Shakespearean issues which can sometimes detract from good decision making. His guidance: independent oversight, strong investment committees and governance that supports clear, long-term decision-making, and measures success against the family’s shared purpose. As JBWere’s Kim Venter notes, good governance creates a framework for clear communication and transparency. It may not eliminate conflict, but it provides a fair process to discuss and decide on key issues. Read more: https://lnkd.in/gtVVa4zW

Lee Mowat, Head of Advice VIC/TAS JBWere and James Hufton, Executive Director, JBWere recently sat down with Chris Dastoor for Professional Planner to share their perspectives on how high-net-worth individuals and families are approaching the generational wealth transfer. Lee highlights that engaging the next generation of HNW clients requires a shift in approach that balances legacy with relevance. James says empowering successors to make their own mark is essential but must be balanced with preserving legacy. Download the article to find out more < link to: https://lnkd.in/gZDNwaRt>

Our Perth clients are a key part of the JBWere network and events like last week’s ‘Future investment trends and the role of Alternative Investments’ held at the Ritz Carlton, Perth, are an important reminder of the value we place on delivering insights and access at a local level. Hosted by our Executive, Advice, Andrew Bird, the event featured a powerful panel discussion led by Gillian Gordon, our Head of Alternative Investments and Responsible Investing. Expert panellists included: ➡️ Urs Wietlisbach, Co-Founder of Partners Group ➡️ Roger Lloyd, CEO of Palisade Investment Partners ➡️ Peter Graf, Partner and Head of Direct Lending Asia at Ares Management Corporation Together, they explored the growing role of private market investments, such as Private Equity, Private Credit and Infrastructure, in building resilient, forward-looking wealth portfolios. A big thank you to Barbara DiLabio for leading the organisation of this fantastic event. Ben McPherson, David Wallace, Glenn Pirrit, Jason Stout, Mark Lindsay, Nathan McCracken, Neil Funnekotter, Paul Williams, Ryan Shepherd, Scott Allison, Tim Monteleone.

To mark World Ovarian Cancer Day, JBWere was proud to host a special morning tea with staff and representatives from Ovarian Cancer Australia (OCA). The event provided an opportunity to come together in solidarity, raise awareness of this important cause, and hear more about the vital work being done to support those affected by ovarian cancer. OCA is a leading national not-for-profit organisation dedicated to advocating for and supporting individuals and families impacted by ovarian cancer. With a strong focus on improving early detection, providing personalised care, and advancing life-saving research, OCA is committed to changing the future for those diagnosed. Their powerful vision is to save lives and ensure that no woman with ovarian cancer walks alone – a message that resonated deeply with all who attended. JBWere is honoured to support organisations like OCA, whose work makes a lasting impact in the lives of so many Australians. Michael Saadie Andrew Bird Debbie Shiell Lee Mowat Josephine Paino Andrew Leaw Sarah Goddard Christine Dixon Bridget Bradhurst

A standout afternoon in Melbourne for our JBWere Investment Update. Recently, we brought our Investment Update series to Melbourne, convening clients for a timely discussion on the evolving investment landscape and the themes shaping markets today. Led by Alexandra Campbell Chief Investment Officer, JBWere and NAB Private Wealth the session brought together a strong panel of investment specialists to share their perspectives: • Jonathan Koh Portfolio Manager, Greencape Capital • Stewart Upson Managing Partner & President, Brookfield • Alex Ovchar Managing Director, Partner & Client Group, Pacific Equity Partners • Matthew Lorback Partner, ATLAS Infrastructure The session offered insights across equities and infrastructure, focusing on how they are approaching market uncertainty, deploying capital and identifying opportunities where long-term value is emerging. A wonderful event and an excellent reflection of the calibre of conversation and connection across our JBWere community. Thank you to everyone involved.