COMMITTED TO SERVICE
Every successful financial strategy starts with an excellent client relationship. Our mission and values include exceeding our client’s every expectation. Our consultations practice is a commitment to deliver the stated goals both for our individual and institution clients.
CONSULTING
A recent study by U.S. based industry researcher found that, in average, a hypothetical $500k investment will grow to over $3.4 Million under the care of an Advisor over 25years, whereas the expected value from self management will be $1.6 Million or 50% less. In other words through consultation, an advisor-managed portfolio would average 8% annualized growth over 25-year period, compared to 5% from a self-managed portfolio.
The study of behavioral finance in most business schools as of late, not only touches on the above issue highlighted in the Vanguard study, but also addresses the issue of investor Over-confidence displayed mostly by do-it-yourselfers. On the other end of the spectrum, are the investors following a Herd-mentality
A scenerio where investors are following the actions and activities of the crowd.
We consult with our clients about the potential pitfalls of such mindsets and assist them in making necessary adjustments to create a better outcome.
COMPREHENSIVE FINANCIAL PLANNING
Our Nigerian-based client is interested in direct investment in the U.S. capital market and conversely, our U.S. based investor, is interested in direct investment in the Nigerian emerging capital market. We provide the platform to bridge the distance.
Our comprehensive financial planning process for the Nigerian investor is built on the concept of what we call The financial Planning Pie (P2).
Our P2 approach is a six-step process that is thorough, yet simple way for our client to take the first step of reaching their financial goal. Throughout our process, the client and our adviser will develop customize financial strategies that can help turn goals into reality.
INDIVIDUALS (RETAIL)
Comprehensive financial planning is a universal concept. It is a concept that should resonate both in the U.S. and Nigerian market environments.
The first step of the process is to review with the client their;
Current Situation.
We begin by reviewing the client's current financial situation, current income and expenses ( Balance Sheet) to determine current and projected net-worth, emergency funds incase of disability, day-to-day activities to ensure positive cash flow and a strategy for re-alignment if there's a negative cash cash flow.
Protection.
Protection of the things the client cannot afford to loose such as; income, home, auto, health, umbrella-life, etc. We use insurance to offset the risk and liability that we don't bear ourselves. We will review your current situation with you and make necessary recommendations.
Investments.
We assess your risk tolerance, objectives and time horizon and construct an asset allocation strategy that fits your situation. There are various vehicles such as; stocks, bonds, annuities, mutual-funds, ETFs, blockchains-crypto & bitcoins, college funds and many more. These are all various investment tools and the combination that's best suitable for each client's situation, we will build a plan around that.
Retirement.
We will analyze your retirement income and expenses and then determine retirement savings need and plan. If the client is not on track based on our analysis, we'll help get the client back on track relevant to their retirement goals.
Tax Planning.
We are not your CPA or tax-prepare, however we know enough to provide guidance relevant to the client's financial planning strategy.
Estate Planning.
We will introduce our clients to estate-planning tools such as; Power of Attorney (POA), Trusts, Will and other estate-planning tools if they currently don't have one. More importantly, we will review the benefits of having these tools in place.
COMPREHENSIVE FINANCIAL PLANNING
INSTITUTIONS
A successful business planning process is identical to that of the individual (retail) plan. Both processes identify what the desired goals are, map out the course in a plan analysis, put the pieces together by way of recommendations and solutions and ultimately have a starting and ending with a consistent follow-up and review.
Planning.
Begins with the determination of a business and personal life cycle stage.
Both paths diverge and are executed concurrently. Review organization mission, vision and values relative to business model. Review organization SWOT analysis and economic environment assessment such as macroeconomic overview, social and demographic indicators, trend & outlook analysis, risk assessment of factors affecting growth and early exit options.
We will review current business valuation;1-5 year transition/conversion goals, ownership contingency plan. We will review business plan and action plan for implementation while focusing on; individual roles, timeliness and metrics.
Development of balanced scorecard with daily review and strategy map for on-going monitoring by quarterly strategic meetings, annual plan review and ad hoc meetings as needed.
Leadership.
Review governance and organization structure. Advisory team construction and review.
Legal/Risk Management
Review contingency plan/de-risking strategies such as operating buy-sell agreements, non-compete, non-disclosure and exclusivity documents. We will review business owner insurance suite consisting of; Life Insurance (owner/key-man, split-dollar, and buy-sell funded). Disability insurance, property and casualty (P&C).
Finance/Accounting
Review of business financial statements, Key Performance Indicators and projections, Sensitivity and Monte Carlo Analysis.
People/Operations
Overview of succession, management/employee buyout, attraction/retention strategies, key employee and operational efficiencies
Marketing/Sales
Review of strengths/weaknesses of marketing and sales strategies, unique value prop and business value chain. Channel and customer acquisition strategies.