Mr Jones was a resident in the UK up to 1985 where he invested into an Insurance company regular saving investment to accompany his UK mortgage, he also made investments into a UK With Profit Bond, a Unit linked life assurance bond and various Unit trust schemes. In 1994, he moved location and became a resident in Hong Kong . Whilst in Hong Kong he used the services of a UK bank, invested additional money into Offshore Mutual funds via an expatriate financial planning company and bought a house in Spain . Mr Jones then moved to the USA in 1999 and invested money into a 401k retirement scheme, an annuity and US mutual funds. In 2003 Mr Jones became a resident in Singapore and decided to attempt to organize/re-organise his personal financial arrangements. Over the period of being overseas, Mr Jones had only sold his UK property and therefore continued to hold UK onshore investments that he had initiated back in 1985, investments that he placed whilst in Hong Kong in 1994 and America in 1999.
Upon compiling the information for our meeting, Mr Jones realized that he had accumulated a larger collection of documentation than he had anticipated, some of which he thought was incomplete and unsure if they were still authentic/valid or not and one item was completely missing although he could recall the name and the type of investment it was.
Mr Jones went on to explain that he had in the past taken his documents to a Wealth Management business in Hong Kong but the institution was unable to comment on products purchased in the UK and US. He also said that his USA based financial advisors were not permitted to comment on assets other than those invested in the USA . In each case the investment institution was prepared to help Mr Jones make new investments but his existing arrangements would have to remain unmanaged.
Mr Jones said “obtaining financial advice offshore is almost impossible unless you have new cash available for placement”
Fortunately, Mr Jones was intrigued by our Homepage quote sufficiently to contact Jigsaw Wealth Management. After an initial meeting, we agreed that he should bring his entire file of financial documentation to a subsequent meeting and we would assist him to put everything in order.
Not only did we bring some order to the documents themselves but we revisited the product particulars, performed research and due diligence and formulated a comprehensive financial report outlining our discussions, Mr Jones objectives and our full recommendations inclusive of each and every existing investment.
Today we continue to manage Mr Jones entire portfolio and Mr Jones benefits from our online valuation facility which encompasses everything he owns including those historical placements and his property.
If this situation is familiar to you then please click on the following ask our wealth managers where we will answer your questions immediately!
To view our demo client valuation and explore ‘Jigsaw Confidential' our client login portal, go to contact us or ask our wealth managers and request for a User ID and password
