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DEC 23 2021
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Thank you and Merry Christmas!

Posted by: Connie

Thank you and Merry Christmas!

It seems hard to believe that 2021 is coming to a close, what a year!

Many of us, including our team, dear clients, and business partners, have experienced unpredictable changes and challenges in the last 12 months. First, we have experienced the most extended lockdown period, especially in Auckland, for almost four months since August, that requiring most of the businesses to act faster and flexibly. I am glad our team have managed well by shifting from a traditional way of working towards more agile working methods. Secondly, the interest non-deductibility rules for property investors announced in March caused a more negative impact on not only investors but also tenants and first home buyers. The property investor group says the new policy is a ‘tenants’ tax. As a result, it has become more difficulty for tenants getting their savings ready as their first home deposit. Lastly, the lending environment has become more challenging than ever before due to rising mortgage rates, tighter lending restrictions by introducing DTI (Debt to income ratio), new regulations to the CCCFA, affordability constraints on compulsory 20% deposit for first home buyers and limited liquidity from non-bank lenders.

It is undeniable that 2021 was an incredibly hard year for many people and businesses, however it is a year full of great challenges and opportunities at the same time. By the end of 2021, I would like to share some highlights that we have been achieved in 2021 and our vision for 2022.

Personally, I was awarded by New Zealand Adviser as one of the 2021 Top Adviser. I am so honored to have my work recognized in this way by New Zealand Adviser! However, I believe there is no “I” in a Team, by having four new team members this year – Kathy, Amber, Melody and Adam giving me much needed time to work on the business as a managing director. As a result, we have been named as one of the Fast Growth Mortgage Firm 2021 by achieved almost 90% growth across both settlements and revenue.

Again, I would like to thank all the new and old colleagues I work with at Prosperity Finance for their hard work and dedication, as well as our clients who trust us by giving us the privieage to help them purchase their biggest asset. 


Other Highlights:

  • By following all the updated regulatory regimes for financial advice this year, all our financial advisors successfully transitioned into the new regulation in Marth by putting more work on record keeping and providing quality financial advice to every client.
  • Successfully held a seminar joint with an Senior Associate at Turner Hopkins Lawyers Joy Yuan who has extensive expertise in commercial and property law and a founding partner of AMD Chartered Accountant: Amy Dai who has over 20 years accountancy experience. The seminar delivers an educational discussion on New Zealand property development.
  • Signed up a new office lease on the North shore with much bigger floor area to accommodation future company growth.
  • We believe “Our Client’s Success is Our Success!”, we are blessed that so many customers value and recognise our work effort by sending us gifts, giving genuine feedback on Google reviews, or completing our survey. By understanding our client’s needs, we are able to provide tailored financial advice and solutions.  

Our Vision for 2022:

As a managing director, my 2022 goal is to ensure our team adapt to all the changes faster and provides tailored, outstanding, and valuable financial advice. We would like to be more integrated with other professionals to provide a holistic solution that is more simplified and optimized, ultimately helping people make their financial dream a reality.

Nothing rewards me the most than being a part of your financial success journey. The trust we gained along the way is the most precious asset to my team and me.

Thanks for every one’s ongoing trust and support. Me and my team wish you and your family a very Merry Christmas and Happy New Year! We look forward to working with you throughout 2022 and beyond to help you achieve your financial goals.

Our Business Hours during holiday season:

We will take two weeks well-deserved holiday break from Friday 24th Dec to Monday 10th January. If you need urgent assistance, please call 021 140 8641


Tags:

Thank you and Merry Christmas!

It seems hard to believe that 2021 is coming to a close, what a year!

Many of us, including our team, dear clients, and business partners, have experienced unpredictable changes and challenges in the last 12 months. First, we have experienced the most extended lockdown period, especially in Auckland, for almost four months since August, that requiring most of the businesses to act faster and flexibly. I am glad our team have managed well by shifting from a traditional way of working towards more agile working methods. Secondly, the interest non-deductibility rules for property investors announced in March caused a more negative impact on not only investors but also tenants and first home buyers. The property investor group says the new policy is a ‘tenants’ tax. As a result, it has become more difficulty for tenants getting their savings ready as their first home deposit. Lastly, the lending environment has become more challenging than ever before due to rising mortgage rates, tighter lending restrictions by introducing DTI (Debt to income ratio), new regulations to the CCCFA, affordability constraints on compulsory 20% deposit for first home buyers and limited liquidity from non-bank lenders.

It is undeniable that 2021 was an incredibly hard year for many people and businesses, however it is a year full of great challenges and opportunities at the same time. By the end of 2021, I would like to share some highlights that we have been achieved in 2021 and our vision for 2022.

Personally, I was awarded by New Zealand Adviser as one of the 2021 Top Adviser. I am so honored to have my work recognized in this way by New Zealand Adviser! However, I believe there is no “I” in a Team, by having four new team members this year – Kathy, Amber, Melody and Adam giving me much needed time to work on the business as a managing director. As a result, we have been named as one of the Fast Growth Mortgage Firm 2021 by achieved almost 90% growth across both settlements and revenue.

Again, I would like to thank all the new and old colleagues I work with at Prosperity Finance for their hard work and dedication, as well as our clients who trust us by giving us the privieage to help them purchase their biggest asset. 


Other Highlights:

  • By following all the updated regulatory regimes for financial advice this year, all our financial advisors successfully transitioned into the new regulation in Marth by putting more work on record keeping and providing quality financial advice to every client.
  • Successfully held a seminar joint with an Senior Associate at Turner Hopkins Lawyers Joy Yuan who has extensive expertise in commercial and property law and a founding partner of AMD Chartered Accountant: Amy Dai who has over 20 years accountancy experience. The seminar delivers an educational discussion on New Zealand property development.
  • Signed up a new office lease on the North shore with much bigger floor area to accommodation future company growth.
  • We believe “Our Client’s Success is Our Success!”, we are blessed that so many customers value and recognise our work effort by sending us gifts, giving genuine feedback on Google reviews, or completing our survey. By understanding our client’s needs, we are able to provide tailored financial advice and solutions.  

Our Vision for 2022:

As a managing director, my 2022 goal is to ensure our team adapt to all the changes faster and provides tailored, outstanding, and valuable financial advice. We would like to be more integrated with other professionals to provide a holistic solution that is more simplified and optimized, ultimately helping people make their financial dream a reality.

Nothing rewards me the most than being a part of your financial success journey. The trust we gained along the way is the most precious asset to my team and me.

Thanks for every one’s ongoing trust and support. Me and my team wish you and your family a very Merry Christmas and Happy New Year! We look forward to working with you throughout 2022 and beyond to help you achieve your financial goals.

Our Business Hours during holiday season:

We will take two weeks well-deserved holiday break from Friday 24th Dec to Monday 10th January. If you need urgent assistance, please call 021 140 8641


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