Wealth brings complexity and finding quality advice can be difficult amid the abundance of increasingly available sources of information. To help you overcome these challenges, we work with you to build a personalized wealth plan to achieve your goals with confidence and face the unexpected.
Our process empowers you to make critical life decisions through a dynamic and transparent framework. Firstly, we help you align your assets and goals to understand what you can achieve. Secondly, we explore with you different scenarios to make informed decisions. We then help develop customized strategies to help fund your goals and maximize your wealth. Lastly, we continue to adapt your plan to changing conditions.
Proactive financial strategies can make a significant impact on your financial future beyond attaining peace of mind. It can also make all the difference in terms of your retirement plans, business desires, and legacy wishes. Here are two recent examples of clients we have helped.
Case Study #1: Exiting a formal employment
One high earning business executive in his late 40’s, working for an international financial institution, I worked with had decided to take a generous offer from his employer who was downsizing and had decided to start his personal investment consulting business. The implication of his decision meant he was going to lose his regular income.
We started by first helping him take an inventory of his assets and liabilities, his desired family lifestyle and income, his goals of which retirement income security and the funding of his children’s education oversees were a priority. We had to help our client re-calibrate his lifestyle in the face of the new reality without jeopardizing his quality of life.
We spent time on how our client could invest his financial resources to help meet his goals, what we term as goal-based investing. Based on the client’s wishes, we structured part of his portfolio to generate income to replace some of his lost income from wages without spending into the principal invested until such a time where income from his investment consulting business is enough to halt his depending on his financial investments for income.
Once we tackled his cash flow problem, we structured his investments to provide cash flow just in time to meet obligations like school fees and asset purchases as was expressed during the planning process.
We believe many of our clients choose us because we can help them align their plans with their goals.
Case Study #2: Building a Business
Running a business is never easy. Starting one as a new business owner is even more challenging. One client we worked with was a new business owner in such a situation. He wanted to invest in his employees and offer benefits that would help him retain his most valuable team members.
Based on his situation, we determined an appropriate solution and helped him set up and implement a voluntary tier 3 pension plan for his employees.
Once his employee-benefit plans were in place, we worked with him to develop a game plan for him and his business’ future, regularly meeting to adjust strategies when needed. This included establishing life insurance to protect his family, starting a retirement plan, and implementing various personal financial strategies.
Helping you
We work with a diverse range of clients facing unique needs and situations. Whatever the situation, we aim to help you through a proactive process that focuses on understanding your personal circumstances, addressing your concerns or fears, and creating strategies designed to help you achieve your goals.
We’d be happy to evaluate your situation and share how we can help. There are no obligations, and your consultation is complimentary. Click here to book an appointment with our advisors.
Written by: Nana Wiafe Boamah, CFA.