Fairfield(03) 9489 6644

Campbellfield(03) 9355 0500

Our Story

The Beginning

Solutions2 was established in 1990 to provide Financial Planning, Insurance and Investment advice to our clients. Always passionate advocates of direct investment, we helped our clients invest in ASX listed shares at a time when access to the markets was limited.

Self Managed Superannuation

 In the early 1990’s the popularity of Personal Superannuation Funds was on the decline because the regulations for these funds were the same as the regulations for the larger Industry and Commercial Funds. This made these smaller funds uneconomical to run.

On 1 July 1994 everything changed. The Superannuation Industry Supervision Act came into effect separating Personal Superannuation Funds from Industry and Commercial Funds and in turn significantly reducing the regulatory burden they had previously languished under. The introduction of this legislation prompted a resurgence in popularity of Self Managed Superannuation Funds (SMSF’s).

Solutions2 recognised the very real benefits of Self Managed Superannuation early;  a number of our clients SMSF deeds date back as early as 1995. With many clients keen to establish SMSF’s, we also understood the need to offer our clients an integrated approach to both their Wealth Management and SMSF requirements. We understood it would be best practice for our clients to know the performance and balance of their fund during the financial year, not just on the preparation of their year end accounts. This would allow for better advice and decision making.

By the mid 1990’s we had developed our own unique administration service for SMSF’s. Although technology has changed the way we do some things, we continue to operate our own in house administration service.  By being involved in the day to day administration of our clients SMSF’s, as Financial Advisors we are able to access more accurate and timely information on their fund in order to provide better advice. We also strongly believe in being accountable for the administration of the SMSF and therefore have resisted the trend to outsource this function.

Merger

In 1998 we merged our business and were eventually wholly owned by an accounting firm SP Solutions Pty Ltd. SP Solutions had a proactive approach to Superannuation that made us a perfect fit. We now had greater capital backing, size and the ability to draw on the talents of a team of accountants and professional staff where required but also the freedom to operate independently.

Own Australian Financial Services License

In 2005, we were anxious to promote our independence and frustrated by the limitations of a restrictive ‘Approved Product List’ that we were operating under as an authorised representative of a Licensee. We invested significant time and money in acquiring our own Australian Financial Services Licence (AFSL). This provided our clients with more diverse investment opportunities than we could otherwise offer.

AAP

Today we partner with Associated Advisory Practices (AAP) who specialise in helping small licensees stay abreast of the regulatory framework in which we operate.  Maintaining our identity and the freedom to provide advice without restriction is key to our identity.

Why are we different?

Solutions2 has evolved into a boutique financial services firm over the last 25 years. In particular, both our determination to provide a unique SMSF administration service and to acquire our own AFSL have shaped who we are today.

Helping our clients plan and achieve the financial future they deserve is why we exist. However, it is how we achieve this that makes us different. We provide;

  • an integrated solution for your  SMSF administration, compliance and Wealth Management requirements;
  • a diverse range of investment options by holding our own AFSL;
  • expertise in borrowing and property ownership within your SMSF;
  • a focus on minimising tax through well conceived pension strategies and estate planning; and
  • an appreciation of the need to protect wealth and to plan for the those unforeseen events.

It is never too late to start Planning Your Financial Future.