First Samuel Limited

Executives' needs for wealth management  are becoming more apparent

A late start

By the time you have got to a serious level within your company you are typically in your middle or late thirties. You probably have a young family for whom to provide and perhaps debt to pay off. Hence your surplus investible funds occur later.

Debt

You probably have borrowed to buy your home and perhaps are borrowing a little for school fees. Or possibly you have some investment debt. You need somehow to put the debt into perspective.

Time poor

You probably work a ten- to twelve-hour day. You do not have the time and energy left to undertake proper wealth management. Wealth doesn't happen - it takes time and focus.

Financially naive  

You are smart. You have to be smart to undertake the training that you have done. And have to be smart to manage all of the issues along the way. But just because you can self-manage your wealth doesn't mean that you should. Wealth management embraces a range of strategic, investment and administrative skills. You cannot be an expert in all things.  

Trusting of colleagues

You spend a great deal of time in the company of others in your company. And hence you may be inclined to listen to their personal investment successes. And the tips they give you. But you probably hear only of the winners. And also enjoy the thrill of making important decisions. But that is not wealth management.  

Confuse price with value

You step out of your executive role and look for what you see as good value. But too often you look only at price. In the same way as cut-price professional fees is unprofessional, so too is cut-price wealth management. Buying on the basis of the lowest cost is foolish buying. Look for the best value.

Get wealthy. Slowly.

Get an expert to provide you with strategy.

Get an expert to manage your investments.

Get an expert to manage all of the administration.

Get an ethical expert.

All in the one integrated package.