SMSF Alliance provides advisers and accountants with full SMSF administration, technical support and expertise so you can better support your clients from as low as $82.50 per month. We are not licensed to provide product advice but will assist you, the licensed adviser, to provide your services in a more timely and comprehensive manner. Our strategic administration overlay ensures that your strategies do not fail due to administrative shortcomings.
Why strategic administration? …because every client is unique.
To most, SMSFs are seen as simply a tax efficient means of accumulating, and utilising, wealth. Undoubtedly this is their primary purpose but for an adviser to ignore their many other features is both sub-optimal and dangerous. The modern trend to “industrialise” SMSF administration is based on the incorrect belief that all SMSFs are the same. This approach both diminishes the potential benefits of SMSFs and increases the potential for future problems, both to your clients and, reputationally, to your business.
We provide strategic administration meaning that we meld the SMSF strategies you have devised, potentially with our assistance, with the technical, processing and reporting requirements necessary for your goals to be achieved. We understand the consequences of our work and the differences that small variations in approach can make. We encourage you to discuss strategies with us prior to implementation as we may be able to suggest different approaches to enhance your objectives. This might include;
Strategic administration is only possible if experienced SMSF accountants have involved access to high level technical expertise. For this to be provided in a cost-effective manner an administrator must have sufficient scale so why isn’t this service being provided by much larger organisations with significant technical teams? In the rush to reduce costs, administration firms have become increasingly reliant on electronic wizardry and data processing pools that operate remotely from their technical resource. This is due to one, or a combination of, the following reasons;
We are a specialist, boutique firm and will stay that way to ensure that our service standards do not diminish. Our team members are all on shore, well trained and dedicated towards enhancing your business. The irony is that we can still provide strategic administration from only $82.50 per month.
Our comprehensive SMSF administration solution is completely independent. Our seminar services, subject to eligibility, can be customised to the needs of your practice. We are here so you can add efficiency and value to even your most sophisticated SMSF client.
We also offer non-super portfolio administration for individuals, partnerships, companies and trusts including 13.22C, family, testamentary and charitable trusts. The full range of accounting services to support these, and accounting and taxation matters generally, are also available. We are not licensed, and will never be, so we could never be in competition with you. We do not deal with your clients directly without your express permission. Any direct enquiry is channelled back to our alliance partners.
Becoming an SMSF Alliance partner will ensure that you have the full support of our highly experience team and be able to receive our expert help to grow your business.
SMSF Alliance provides a wide range of services to SMSF businesses around Australia. Our solutions include a complete SMSF administration and compliance solution, with the right business tools designed to help you service your clients more accurately, efficiently, timely and cost-effectively.
On a daily basis, we analyse each member’s data, as well as that for each fund generally, and produce a number of qualified potential opportunities for advisers to consider. Also provided is the relevant supporting evidence, white papers and calculators where necessary. This is provided by our unique SMSF Toolbox.
On a daily basis, we analyse each member’s data, as well as that for each fund generally, and produce a number of warnings and alerts for advisers to consider. These are designed to protect you from errors of omission and to reduce your compliance risk. This is provided by our unique SMSF Toolbox.
Though that seems the most convenient time to transfer it is often not. The exception is if the work is almost complete. It is difficult to judge this though. A common mistake is to assume that, because your current administrator has had several months to do this work, that it has been started. We would generally prefer to add your fund now and perform the work your current administrator will need to do to complete your previous year’s return. You will not be financially disadvantaged as we will not charge you for work that you have already paid non-refundable fees to your current administrator for – even if we have to do it all again.
No. We are not licenced to provide personal financial advice. We do provide substantial assistance to licenced advisers though, but you maintain the responsibility to provide your own version of this advice to each of your unique client scenarios.
We respect the relationship that our alliance partners have with their clients so we do not enter into any direct contact with trustees unless specifically authorised by their adviser. In any case we have found that, where the adviser and ourselves are both in contact with the trustees, confusion is often the result.
We offer three options.
We do if we are in receipt of all necessary information, including documents required for audit, in sufficient time. Our ATO on time lodgement score is over 98%. It would be 100% if not for the inclusion of some funds which, for reasons outside our control, are impossible to lodge on time.
Some of our information downloads are so efficient that we enjoy significant cost advantages that we can pass onto you. Our E-Process fee for our full administration service is only $82.50 per month. Conditions apply. Please contact us.
A number of our services are standalone. These include fund establishment (including for QROPs funds), limited recourse borrowing structures and trustee changes (including corporate trustees). Why not give us a ring to discuss on 1300809933. Ask for Debbie.
No. We can administer any investment portfolio, not just those held in an SMSF.
No. We can lodge any type of tax return. SMSF trustees will often use our tax services for their fund’s 13.22C trusts and their personal tax returns but we can also handle any other type of investment entity including family and testamentary trusts. Our senior tax adviser must deal directly with the client where business activities or more complex matters are included.
Yes. We can down load to X-Plan. This service removes double processing so the planner does not need to maintain a separate data base and can utilise staff resources for more productive endeavours.