Affluence was formed to provide better investment solutions. We believe in doing things differently.
Our focus is on delivering superior long term investment performance and providing quality education and investment ideas for our Investors.
We are contrarian, value focused, and invest for the long term. We believe exposure to quality investments across multiple asset classes, managers, geographies and strategies should be a fundamental building block of any well diversified portfolio.
We pride ourselves on the quality of our products and alignment with our investors. We were the first investors in each of our Funds and a significant proportion of our own and extended families wealth is invested in our Funds.
We believe managing less money than average provides us with significant advantages. So while we don’t aim to be one of the biggest managers, we do aim to be one of the best.
Learn more about why we started Affluence
About The Team
Daryl founded Affluence in 2015 and is co-manager of all investment portfolios. Daryl has experience across all aspects of funds management including investment, operations and capital raising and is responsible for investment and funds management activities at Affluence.
Prior to forming Affluence, Daryl was a Director of Cromwell Property Group, an ASX-listed property and fund manager, for over 15 years. From 2008 until 2015, he was responsible for Cromwell’s unlisted funds management business, which created and managed investment funds worth over $1 billion and delivered impressive returns for the thousands of investors in these funds.
Daryl holds a Bachelor of Commerce, a Diploma of Financial Planning and is a member of the Institute of Chartered Accountants.
Greg joined Affluence in 2015 and is co-manager of all investment portfolios. He is primarily responsible for analysing new investment opportunities, asset allocation, fund analysis, performance reporting, and investment management.
Prior to joining Affluence, Greg was employed by Cromwell Property Group for over 9 years. During this time, he held a range of positions including fund analyst, transactions analyst and investment strategist. Greg was also previously a registered property valuer for CBRE.
Greg holds a Bachelor of Applied Science (Property Economics).
Karen has more than 30 years of experience in the financial services industry, including senior executive roles in commercial banking and funds management.
Karen’s breadth of experience has spanned the private and public sectors, with expertise developed predominantly in corporate governance, compliance and risk management.
She is also non-executive director of various entities, Chair of Compliance Committees for two fund managers and Chair or external member of several government department Audit & Risk Committees.
Geoff has over 25 years’ experience in Investment Banking and Real Estate. He has been involved in the listing of a number of property investment companies.
Geoff has served as a non-executive director on the Boards of several listed property companies and property asset management companies both locally and internationally.
Geoff holds BA LLB degrees as well as a Diploma in Financial Planning and a Diploma in Finance and Mortgage Broking Management.
Melynda joined Affluence in 2022 as our Head of Investor Relations. Melynda works closely with Daryl and Greg and will most likely be your first point of contact here at Affluence.
Melynda’s has over 15 years’ experience in commercial asset management, having worked in management positions with both Private and Institutional Investors.
Melynda holds a Bachelor of Communication and spent a number of years volunteering for local charity GIVIT.
Kristen has over 20 years’ experience in Financial Consulting and joined Affluence in 2017 as our Compliance Officer.
Kristen is responsible for monitoring compliance in accordance with our Compliance Plan, Corporations Law and the Anti-Money Laundering and Counter-Terrorism Financing Act (AML/CTF) legislation.
Kristen holds a Bachelor of Commerce, a Graduate Diploma in Applied Finance & Investment and is a member of the Institute of Chartered Accountants.
Learn more about our Investment Philosophy
At Affluence we believe in giving back to the community with a strong focus on assisting underprivileged children and young adults, both in Australia and abroad. We have pledged to donate a portion of all our fees from the Affluence Investment Fund towards charitable causes. Throughout the year, Affluence and our staff support a range of initiatives.
Organisations we currently support on an ongoing basis include The Smith Family (helping disadvantaged Australian children to get the most out of their education) and World Vision (working with children, families and communities to overcome poverty and injustice). In addition, we provide direct financial support to organisations assisting disadvantaged children and young adults in South Africa.
We have also assisted charitable organisations such as the APS Foundation, through the provision of investment management services at discounted rates.
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