From managing numbers to complete financial wellbeing
The starting point
For more than 20 years, H Kandelaars Engineering (Australia) has supplied engineering equipment to industries across Australasia from its Melbourne base. Under Hugo Kandelaars, the business has built its name on reliability, the kind clients count on every time.
Hugo wanted his finances to work the same way. For years, a family accountant had looked after the books, with much of the work still done manually. As the business grew, Hugo found himself wanting more: a clearer view of the numbers, a deeper understanding of what they meant and the confidence to make smarter decisions for both the business and the family.
“It got to a point where we knew we needed clearer financial visibility and better support to understand our numbers and make smarter decisions. That’s when we realised it was time to move.”
The turning point
Hugo joined us in 2013, when we were still trading as Devenny Payne. From the very first conversation, the focus shifted from compliance to understanding. Rather than simply keeping the business up to date each year, we took a 360° view of the business, the family and where they were all heading, and treated Hugo as a partner in every decision.
Knowledge that grows with every conversation.
We explained the reasoning behind each recommendation, so Hugo built a real understanding of both his business and personal finances. Instead of receiving advice, he became part of shaping it.
A structure that protects the business and the family.
We restructured how everything was set up to protect both the business and the family’s personal assets. This gave the business room to keep growing without putting everything the family had built at risk.
Wealth building beyond the business.
With the right protection in place, we helped Hugo start building wealth outside the business. The family’s financial security now rests on more than the business alone, which gives them real choices about the future.
The outcome
More than a decade on, Hugo has a plan that looks beyond this year’s numbers to where the business and his family are heading. The restructure gave him protection, and the partnership since has given him something just as valuable: a clear sense of direction.
As the family’s goals have changed over the years, Hugo has been able to adjust their plans with confidence, because he understands how each decision fits into the bigger picture.
“Working with you has really opened our eyes to the financial side of our business. We’ve been able to restructure things to protect the business and our family, and to start building wealth outside the business for the future. For the first time, we feel like we’re actually in control of our financial wellbeing.”
Key outcomes
- A partnership spanning more than 12 years
- Business and family restructured for protection and growth
- Wealth building established outside the business
- A deep understanding of both business and personal finances
- A long term plan that adapts as the family’s goals change
- Real control over business and personal financial wellbeing
What sets the partnership apart
What surprised Hugo most was how much he learned along the way. Each conversation added to his understanding, and each decision built on the last. Over more than a decade, that knowledge has compounded into financial independence for the family. It’s The 1% Way working on two levels: the business improving step by step, and Hugo’s own confidence growing with it.
“What surprised us most is how proactive and educational your approach is.”
The partnership also covers the whole picture. Day to day compliance, business strategy, structuring and personal wealth all sit with one team, so the advice for the business and the advice for the family always point in the same direction.
“The depth of guidance and genuine care for our long term goals has been exceptional.”
His advice to anyone weighing it up
“What I know now, and wish I’d known earlier, is how much their advice can accelerate your personal wealth independence and support your long term business and financial goals.”
The 360 ONE way
We see every angle of your financial life, from the business you run to the future you are building for your family. We look ahead, explain our thinking clearly and work alongside you, so you understand your finances as well as we do.
For more than 35 years, Hugo has built H Kandelaars Engineering (Australia) on reliability his clients can count on. If you want an advisor who brings that same reliability to your financial future, let us look at the whole picture.