About
Financial advice grounded in the life you want to lead.
Obsidian Wealth Management is a Melbourne private wealth practice for professionals, business owners, families and retirees. We help you make financial decisions with a clear view of your position and the choices ahead.
The work starts with what matters to you.
We consider your goals alongside your income, assets, commitments and approach to risk. That gives the advice a practical purpose and a basis for deciding what to do next.
Your goals set the direction
The advice starts with what you want your money to make possible, then works through the options that fit.
Costs and risks explained
We explain the recommendations, including their costs and risks. You have time to ask questions and decide what to authorise.
Your other advisers involved
Your accountant, lawyer or broker can be part of the conversation, so the advice takes account of the arrangements you already have.
Reviewed as life changes
If you engage us for ongoing advice, reviews provide a regular opportunity to assess progress and adjust to changes in your circumstances.
The people behind your plan
Tav Palapathwala
Founder and Director · Melbourne
Thaveesh (Tav) is the Founder and Director of Obsidian Wealth Management. He leads the firm’s strategic direction and advice philosophy, with direct responsibility for investment research and client strategy.
His career spans boutique and corporate advisory firms, with experience across financial planning, investment strategy and wealth management. He established Obsidian to bring that experience into a privately owned practice built around long-term client relationships, considered advice and disciplined execution.
Based in Melbourne, Tav advises professionals, business owners, families and retirees. He remains closely involved in client strategy while leading the development of the firm and its service offering. His approach reflects a clear conviction: financial decisions should be considered together, with a long-term view of the client’s circumstances and ambitions.
- Role
- Founder and Director, Obsidian Wealth Management Pty Ltd
- Individual authorisation
- Individual Authorised Representative No. 1260572
- Firm authorisation
- Corporate Authorised Representative No. 1319838
- Licensee
- Australian Mortgage and Financial Advisers Pty Ltd, AFSL No. 389206
Our client service team
Our client service, administration and implementation team supports the work around the advice. They coordinate information and documents, follow up with providers and keep clients informed as approved changes progress.
Let’s talk about what you want to do next.
Start with the question on your mind. In a free 15-minute call, we’ll discuss your situation, whether we can help and what working together would involve.
Prefer to speak with us? Call 1300 029 071.