Private Client Advisory & Tax Structuring Prime Partners

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Personal Tax, Structuring and Asset Protection for Executives, Business Owners and Families

We provide private client tax and structuring advice to high income professionals, senior executives and business owners who require careful planning as their wealth becomes more complex.

As wealth grows, complexity rarely announces itself. It tends to emerge gradually – through property acquisitions, business distributions, lending arrangements, investment structures and family obligations that layer on top of one another over time.

At Prime Partners, our private client advisory practice exists to serve individuals and families who have reached this point – where the stakes are higher, the interactions between decisions are harder to see, and the cost of getting it wrong is no longer trivial.

This is not retail financial planning. It is deliberate, confidential advisory work – grounded in tax law, structuring expertise and a deep understanding of the commercial and personal pressures that shape high-value decisions.

Why Private Client Advisory Matters

Most Australians can manage their tax and financial affairs with a competent accountant and a degree of self-direction. But there is a threshold – sometimes gradual, sometimes sudden – where the number of moving parts exceeds what standard compliance services are designed to handle.

That threshold is different for everyone, but the signals tend to be consistent:

Multiple Entities

Trusts, companies and partnerships set up at different times, for different reasons, with structures that may no longer align with current objectives.

Property Portfolios

Residential and commercial holdings acquired incrementally, often with lending structures that have become interdependent.

Significant Income Events

A business sale, equity vesting, partnership distribution or inheritance that creates a material tax consequence in a single year.

Lending Complexity

Borrowing for business, investment and personal purposes that has become intertwined, making interest deductibility unclear.

Cross-Border Exposure

Income, assets or family members in more than one jurisdiction creating dual reporting and structuring obligations.

Family Wealth Considerations

Asset protection, intergenerational transfers and estate planning that intersect with tax, structure and succession.

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Our Private Client Advisory Services

Each engagement is scoped around the client’s actual position – not a templated product offering.

Property Acquisition & Pre-Purchase Structuring

Purchasing property is one of the most common triggers for structuring advice – and one of the most frequently mishandled. The entity that holds the asset, the way funding is arranged, the interaction with existing structures and the capital gains tax implications of future disposal all need to be considered before contracts are exchanged. We advise on individual, trust, company or SMSF ownership, land tax thresholds, capital gains tax concessions, negative gearing, stamp duty considerations and integration with existing portfolio structures.

Funding & Interest Deductibility Review

As borrowing expands across business, investment and personal purposes, the deductibility of interest can become unclear. Mixed-purpose loans, refinancing across entities and cross-collateralisation create complexity that the ATO scrutinises carefully. We review lending arrangements to identify deductible and non-deductible components, assess whether refinancing has preserved or compromised deductibility, and recommend restructuring where existing arrangements are suboptimal.

Investment Structuring Advice

The entity that holds a share portfolio, managed fund or private equity interest affects not only the tax treatment of income and gains but also the asset protection profile, estate planning flexibility and administrative burden. We assess structures in context – considering interactions with existing entities, income levels, risk tolerance and long-term objectives.

Significant Income Event Planning

Certain events create a concentrated tax liability in a single financial year – a business sale, equity vesting, partnership buyout, redundancy or large capital gain. Without advance planning, the marginal tax rate on these events can exceed 47% (including Medicare levy), and the options for mitigation narrow dramatically once the event has occurred. We model tax consequences, identify legitimate deferral and offset strategies, coordinate timing across financial years and ensure small business CGT concessions are maximised where eligible.

Asset Protection Review

As personal wealth grows, so does exposure to creditor claims, litigation risk and unforeseen liability events. We review ownership structures, trust effectiveness, personal guarantees, directorships, bankruptcy provisions, family law considerations and insurance adequacy. Asset protection is most effective when implemented proactively – before a claim or dispute arises. Retrospective restructuring is significantly more limited.

Annual Private Client Review

A structured annual review – typically conducted in the first quarter of the financial year – to reassess the overall tax position, review structures for continued alignment, identify planning opportunities and incorporate changes in legislation or ATO guidance.

Adviser Coordination

We coordinate across your advisory team – accountant, financial planner, solicitor, mortgage broker, insurance adviser – to ensure tax and structuring advice is consistent, structures are aligned and nothing falls between the gaps.

When Does Private Client Advisory Matter Most?

There is a threshold – sometimes gradual, sometimes sudden – where the number of moving parts exceeds what standard compliance services are designed to handle. Common triggers include a property acquisition, business sale, equity vesting event, new lending arrangement, change in family circumstances or the realisation that structures set up years ago no longer fit the current position. If you are making decisions worth hundreds of thousands or millions of dollars, the structuring around those decisions deserves the same level of care.

Who This Service Is For

Senior Executives & Professionals

Partners in law and accounting firms, medical specialists, senior corporate leaders and technology executives who share a common profile: income is high, time is scarce, and the consequences of poor structuring compound quickly.

  • Time pressure – decisions around property, equity vesting, bonus structures or partnership distributions without adequate time to consider structural implications
  • Irreversible mistakes – ownership decisions, loan structures and entity choices that cannot be easily unwound
  • Overexposure through leverage – borrowing across multiple purposes that has become difficult to disentangle
  • Employer share scheme complexity – ESS, RSU and option arrangements with deferred tax obligations
  • Professional liability – exposure through personal guarantees, partnerships or directorships

Business Owners With Growing Personal Wealth

As the business grows, personal wealth often becomes intertwined with business assets, lending and entity structures. The line between business and personal decision-making blurs, and complexity increases across multiple dimensions simultaneously.

  • Entity proliferation – trading companies, holding companies, trusts, unit trusts and SMSFs established at different stages
  • Property portfolios layering – commercial premises, investment properties and the family home all held through different structures
  • Lending becoming interdependent – cross-collateralisation, related-party loans and refinancing
  • Succession and transition planning – preparing for sale, family transition or staged exit
  • Profit extraction – the most tax-effective method of drawing income, considering Division 7A, trust distributions, salary and director fees
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The Risk of Acting Too Quickly

Most structuring mistakes do not occur because of bad advice. They occur because decisions are made under time pressure, without a complete view of the broader position. Once contracts are exchanged, funds distributed or ownership registered, options narrow significantly. What could have been a straightforward restructuring before the event becomes a costly exercise after it.

Property purchased in the wrong entity

Triggering stamp duty, CGT consequences and lost asset protection if the structure needs to change.

Loan restructuring that breaks deductibility

Refinancing that converts deductible debt into non-deductible debt.

Trust distributions that create unexpected tax obligations

Including potential application of Section 100A.

Business sale proceeds received without advance structuring

Missing access to small business CGT concessions.

Superannuation contributions that exceed caps

Resulting in excess contributions tax that could have been avoided.

The common thread is urgency overriding thoroughness. Our approach is to create space for deliberate decision-making – even when the transaction timeline is tight.

Our Approach to Private Client Advisory

1. Understand the Full Position

A comprehensive review of entities, assets, liabilities, income sources, existing structures and personal objectives. This surfaces the interactions and dependencies that are not immediately obvious – entity structures, asset registers, lending arrangements, income streams and family circumstances.

2. Identify Interaction Effects

Complexity rarely comes from individual decisions. It comes from the interaction between them – a property acquisition that affects lending capacity, a trust distribution that triggers a Division 7A issue, a restructure that changes the asset protection profile. We map these interactions explicitly.

3. Recommend Deliberate Structure

Clear recommendations specific to your position and objectives – grounded in current tax law and ATO guidance, assessed for feasibility and cost, and considered in context of your risk tolerance and time horizon. The best structure is the simplest one that achieves your objectives while managing risk appropriately.

4. Coordinate Execution Carefully

Implementation across legal advisers, lenders, financial planners, ATO registrations and accounting systems. A well-designed structure means nothing if the execution introduces errors – incorrect entity registrations, poorly drafted deeds, misaligned documentation or overlooked stamp duty obligations.

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Connected Advisory Services

Private client advisory connects directly with the broader services offered by Prime Partners, ensuring business and personal affairs are managed as a coherent whole.

Advisory Hub

At the Moments That Matter – our advisory hub providing an overview of how business and personal advisory services connect.

Business Structuring

Business Structure Review – entity and ownership structuring for business assets, often conducted alongside private client reviews.

Succession Planning

Business Succession & Transition – exit planning, ownership transitions and intergenerational wealth transfer.

Finance Hub

Virtual CFO Services – financial oversight for the business, coordinated with private client planning.

SMSF Services

SMSF Administration – superannuation strategy that integrates with the broader private wealth position.

Tax Foundations

Accounting & Tax Advisory – the compliance and tax planning foundation supporting both business and personal advisory.

Frequently Asked Questions

Is this tax advice or financial planning?
This is tax and structuring advice – not financial planning. We do not provide investment recommendations, manage portfolios or advise on insurance products. Our focus is on the tax, structural and legal framework that surrounds your wealth. Where financial planning input is needed, we coordinate with your financial planner to ensure their recommendations align with the tax and structural position.
Do you only assist with large transactions?
No. While significant transactions are a common trigger, many of our private client relationships are ongoing engagements focused on annual planning, structural reviews and proactive advice. The value is often in the small adjustments made before they become urgent – not just the major restructures.
Can this be an ongoing engagement?
Yes. Many of our private clients engage on a retainer or annual review basis. This provides continuity, ensures planning is proactive rather than reactive, and gives us the context to provide advice that accounts for the full history and direction of the client’s affairs.
What is private client advisory?
Private client advisory is a specialised branch of accounting and tax advisory focused on the personal financial affairs of high income and high-net-worth individuals. It addresses tax planning, structuring, asset protection, estate considerations and adviser coordination – typically for clients whose complexity exceeds the scope of standard accounting services.
How does asset protection structuring work?
Asset protection structuring involves reviewing the legal ownership of assets and adjusting entity structures, trust arrangements and ownership registrations to reduce exposure to creditor claims, litigation risk and unforeseen liabilities. Effective asset protection is proactive – it must be implemented before a claim or dispute arises to withstand scrutiny under the Bankruptcy Act 1966 and related legislation.
When should I review my personal tax structure?
At minimum, personal tax structures should be reviewed annually – ideally in the first quarter of the financial year. Beyond that, any significant change in circumstances should trigger a review: a property acquisition, business sale, change in income, new lending, family changes, or a shift in legislative settings that affects your existing arrangements.
Can you help with property investment structuring?
Yes. Property structuring is one of the most common areas of our private client advisory work. We advise on the optimal entity for property ownership, funding arrangements that preserve interest deductibility, land tax planning, stamp duty considerations and integration with existing portfolio structures. The key is to get the structure right before the acquisition – not after.
What is the difference between private client advisory and wealth management?
Wealth management typically refers to investment management and financial planning – selecting investments, managing portfolios and providing retirement planning advice. Private client advisory focuses on the tax, structural and legal framework that sits around those investments. The two are complementary but distinct. We provide the structuring and tax layer; your wealth manager or financial planner manages the investment strategy within that framework.
Do you coordinate with my other advisers?
Yes. Adviser coordination is a core part of our private client advisory service. We work with your solicitor, financial planner, mortgage broker, insurance adviser and any other professionals involved in your affairs to ensure that advice is consistent, structures are aligned and nothing falls between the gaps.
How do you protect wealth during business growth?
Wealth protection during business growth involves ensuring that personal assets are structurally separated from business risk, that lending arrangements do not create unnecessary cross-exposure, and that the entity framework around the business is designed to contain liability. This includes reviewing personal guarantees, trust structures, insurance adequacy and the interaction between business entities and personal wealth-holding structures.

Start the Conversation

Private client advisory begins with a confidential discussion about your current position and objectives. There is no obligation and no templated process – just a conversation about whether our approach is right for your situation.

Related Services

Explore how our advisory services connect to support your business at every stage.

Business Succession & Transition

Plan ownership change, leadership transition or staged exit.

SMSF Administration & Tax

Compliant, accurate and professionally managed Self-Managed Super Funds.

Business Structure Review

Reassess your structure for tax efficiency, risk and long-term alignment.