BDO strengthens High Net Worth and Superannuation Advisory Offering with Key Hire in Sydney

03 October 2017

BDO has put down a marker for the High Net Worth Individual (HNWI) and Superannuation advisory market, with a key Partner hire - Chris Balalovski – who has started with the firm in Sydney.

Andres Reith, Partner in Charge for Business Services in Sydney said Chris’s arrival gives a significant boost to the firm’s HNWI and private client advisory service.

“More and more we are seeing HNWI and businesses needing advice to help them with multi-jurisdiction asset protection and taxation management,” Mr Reith said.

“Chris will work directly with this market and use his expert skills to develop strategies for clients with complex legal, tax and commercial needs.”

“He will be providing HNWI and business owners with advice in respect to: taxation (including income tax, GST, FBT, stamp duty, land tax and international tax); superannuation (including SMSFs); estate planning; asset protection; succession planning in respect of passive and active business assets, and structuring (including international investment vehicles).”

Grant Saxon, Sydney Managing Partner for BDO said that Chris would be supported by BDO’s National Superannuation team – led by Shirley Schaefer (Adelaide) with support from Mark Wilkinson (Sydney).

“Australia has a world-class superannuation system, but it is also the most complex and the increasing popularity of SMSF’s mean that the landscape in which our experts are operating is constantly evolving.”

“Chris will be able to link up with our National team and provide the best advice for clients in order for them to gain the maximum tax benefits associated with superannuation.”

Chris is Chairman of the Board of the Self-managed Independent Superannuation Funds Association, an organisation representing the interests of self-managed superannuation funds and their advisers to Government and authorities within the superannuation industry. 

He is also Honorary Consul for the Republic of Macedonia in New South Wales – and is responsible for the advancement and promotion of relations between the Republic of Macedonia and Australia, in the fields of trade and commerce, investment, political relations, science, the arts, sports, tourism and philanthropy.