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The Need for Wealth Management Before and After You Sell Your Business

This article puts a real emphasis on the importance of carefully considered wealth management and in particular, the benefits of such planning when you choose to sell your business.

Effective wealth management should be an important aspect of all stages of your career. That’s because wealth management is designed to coordinate a broad range of components of your financial life over time – from investments to estate planning, asset protection planning and charitable giving – around your needs and wants. It’s also designed to coordinate a team of experts to help deliver the financial outcomes you seek.

  • A windfall from the sale of a business can present investment management problems that must be addressed.
  • Estate planning can become a big issue if you sell your business for a lot of money.
  • Assets also should be protected post-sale.

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The Need for Wealth Management Before and After You Sell Your Business

Other notes and risk warnings

This article contains the opinions of the authors but not necessarily Donald Wealth Management (the Firm) and does not represent a recommendation of any particular security, strategy or investment product. Information contained herein has been obtained from sources believed to be reliable, but is not guaranteed. It is not a promotion of Donald Wealth Management’s services. Donald Wealth Management strongly suggests that no investor should act on any of these ideas without first seeking financial advice.

Past performance is not indicative of future results and no representation is made that the stated results will be replicated. The value of an investment is not guaranteed and on encashment you may not get back the full amount invested. Errors and omissions excepted.

Donald Wealth Management is a trading style of Donald Asset Management Limited which is authorised and regulated by the Financial Conduct Authority in the United Kingdom (FRN: 223784). Donald Asset Management Limited is registered in England and Wales under Company No. 4675082. The registered office address of the Firm is: Stable End, 12 Heather Court Gardens, Four Oaks, West Midlands, B74 2ST.

How the Super Rich are Smart with Their Assets

Protecting your assets is essential.

Our high-net-worth clients are familiar with the importance of a reliable, well researched and qualified valuation document to ensure speedy settlement of any potential claim.

Jewellery is something we all hold particularly close to our hearts, which often carries a significant emotional memory.

Ensuring that you are adequately insured in the event of theft or loss can help to ease what can be a devastating time, as replacing your precious items can be a near impossible feat without the correct and up-to-date documentation.

This is particularly true in the current economic climate, where values of everything can and will change over time, which makes it vitally important to regularly revisit the current market value of your portfolio regularly to ensure that you’re up to date.

When the worst does happen, do you have the right documentation in place in order to make a compelling claim?

Most insurers will not accept a valuation more than three years old, nor are they likely to accept a valuation from a non ‘Institute Registered Valuer’.

Can you answer these questions:

● Can you describe the item?

● What date was it made?

● What components were used?

The Super Rich Protect Their Assets with Regular Valuations

A highly qualified jewellery valuer and consultant can answer these questions in detail, leaving no doubt surrounding the value of your piece or collection.

An expertly prepared valuation document is an investment in the future of your assets and a valuation from Heather Callaway Ltd provides maximum assurance for you and your insurers.

Heather Callaway (FIRV FGA DGA AMEA) provides an exclusive Jewellery Valuation service for High Net Worth Clients that is completely independent which can be carried out in the privacy and security of their own home, office or any other venue that’s mutually agreed.

What’s more the items never have to leave your possession or sight as Heather can perform her role on site for you.

Clients can rest assured that their precious memories and items are in expert and trustworthy hands.

Your Items are in Safe Hands

Having provided valuation and consulting services for the prestigious House of Garrard in London, as well as other High End Jewellers and a vast array of Ultra High Net Worth Clients, Heather Callaway is an enormously respected member of the Valuing and Jewellery community.

Heather offers a fixed price structure per item or on a daily rate in which the fees are not linked in any way to the value of the item ensuring her completely impartiality.

For additional peace of mind Heather does not buy or sell items any of the items she values, which can range from watches, jewellery and loose gemstones and diamonds.

Heather Callaway will Value and Consult for a Range of Items, Ensuring Your Assets are Protected.

As part of the service Heather will produce beautifully bound documentation for your Jewellery, including with the financial values a comprehensive breakdown and description alongside high quality photography of every item.

Heather has 24 years’ experience in the industry, and is passionate about Jewellery and the importance of a well-crafted and researched valuation.

Because she understands the importance of education and learning, Heather is a certified gemmologist (FGA and DGA of The Gemmological Association of Great Britain), Fellow of the Institute of Registered Valuers and as an Associate of the Academy of Expert Witnesses, Heather also prepares documentation for court work.

Also passing on her experience to the next generation, she is the Chairman of the Education Steering Group for the National Association of Jewellers.

Having been trusted to assess students enrolled onto the Jewellery Appraisal Theory correspondence programme, Heather is now responsible for the development of all new Jewellery qualifications for the whole trade for the National Association of Jewellers.

Heather Callaway is an Institute of Registered Valuers Fellow

Heather Callaway’s experience, expertise and attention to detail is only matched by her personable nature and utmost care for your jewellery. To discuss your jewellery valuation needs, contact Heather using the details below:

Heather Callaway Jewellery Valuation and Consultancy

 

 

Phone: 0843 886 8050

Mobile: 0778 927 5874

Email: info@heathercallaway.co.uk

Website: www.heathercallaway.co.uk

 

 

 

Other notes and risk warnings

This article contains the opinions of the authors but not necessarily Donald Wealth Management (the Firm) and does not represent a recommendation of any particular security, strategy or investment product. Information contained herein has been obtained from sources believed to be reliable, but is not guaranteed. It is not a promotion of Donald Wealth Management’s services. Donald Wealth Management strongly suggests that no investor should act on any of these ideas without first seeking financial advice.

Past performance is not indicative of future results and no representation is made that the stated results will be replicated. The value of an investment is not guaranteed and on encashment you may not get back the full amount invested. Errors and omissions excepted.

Donald Wealth Management is a trading style of Donald Asset Management Limited which is authorised and regulated by the Financial Conduct Authority in the United Kingdom (FRN: 223784). Donald Asset Management Limited is registered in England and Wales under Company No. 4675082. The registered office address of the Firm is: Stable End, 12 Heather Court Gardens, Four Oaks, West Midlands, B74 2ST.

Three Money Mistakes the Super Rich Don’t Make

The self-made Super Rich – those with a net worth of $500 million or more – aren’t immune to making mistakes with their wealth. But we find that they do tend to avoid certain crucial errors that might otherwise impact their bottom lines and financial futures.

  • Be crystal clear about what you want your wealth to accomplish – and don’t lose sight of those goals.
  • Avoid financial advisors who don’t have what it takes to help you – or worse, who seek to actively harm your financial future.
  • Engage in regular financial checkups – and get a second opinion whenever you feel uncertain.

Click the image below to read the full article:

financial mistakes

Other notes and risk warnings

This article contains the opinions of the authors but not necessarily Donald Wealth Management (the Firm) and does not represent a recommendation of any particular security, strategy or investment product. Information contained herein has been obtained from sources believed to be reliable, but is not guaranteed. It is not a promotion of Donald Wealth Management’s services. Donald Wealth Management strongly suggests that no investor should act on any of these ideas without first seeking financial advice.

Past performance is not indicative of future results and no representation is made that the stated results will be replicated. The value of an investment is not guaranteed and on encashment you may not get back the full amount invested. Errors and omissions excepted.

Donald Wealth Management is a trading style of Donald Asset Management Limited which is authorised and regulated by the Financial Conduct Authority in the United Kingdom (FRN: 223784). Donald Asset Management Limited is registered in England and Wales under Company No. 4675082. The registered office address of the Firm is: Stable End, 12 Heather Court Gardens, Four Oaks, West Midlands, B74 2ST.

Make Your Brain Faster, Smarter and Sharper – in Just Two Weeks

With a few changes to your lifestyle, the performance of your brain can be greatly improved – even making it faster.

“I’m not getting older, I’m getting better!” It’s a saying that you might see on a T-shirt or coffee mug, probably at the birthday party of a man or woman of a certain age.
Well guess what? You can make that hackneyed slogan a reality by taking steps to get your brain working at its full potential even as you age—allowing you to enjoy sustained energy, productivity and clarity, and get more done in less time.

  • The right diet can help provide your body with ketones- molecules that are great for fueling mitochondria.
  • Even small amounts of artificial LED light can change your brain’s timing circuits and energy production.
  • At the end of every shower you take, turn the water to the coldest setting for 30 seconds.

Click the image below to read the full article:

Brain Faster

Other notes and risk warnings

This article contains the opinions of the authors but not necessarily Donald Wealth Management (the Firm) and does not represent a recommendation of any particular security, strategy or investment product. Information contained herein has been obtained from sources believed to be reliable, but is not guaranteed. It is not a promotion of Donald Wealth Management’s services. Donald Wealth Management strongly suggests that no investor should act on any of these ideas without first seeking financial advice.

Past performance is not indicative of future results and no representation is made that the stated results will be replicated. The value of an investment is not guaranteed and on encashment you may not get back the full amount invested. Errors and omissions excepted.

Donald Wealth Management is a trading style of Donald Asset Management Limited which is authorised and regulated by the Financial Conduct Authority in the United Kingdom (FRN: 223784). Donald Asset Management Limited is registered in England and Wales under Company No. 4675082. The registered office address of the Firm is: Stable End, 12 Heather Court Gardens, Four Oaks, West Midlands, B74 2ST.

Costs Really Do Matter

“Performance comes, performance goes. Fees never falter.”

Warren Buffett, investment legend, Chairman, Berkshire Hathaway (2018 Letter to Shareholders)

Costs, time and compounding are an insidious mix

It is a shame that human beings are so poorly wired to be good investors.  We have many deep-seated biases and behaviours that, whilst once useful to survive in the wild, do us a great disservice when investing. One area of weakness is our poor grasp of the exponential impact of compounding that can work both for and against us.

Imagine three different portfolios that deliver returns of 1%, 3% and 5% per year after inflation, but before other costs, over a period of 30 years: £100,000 invested in each would result in a growth of purchasing power to around £135,000, £240,000 and £430,000 respectively.  Seemingly small differences in the compound rates of return (geometric returns), turn into large differences, in terms of financial outcomes. That’s one of the great positives of a disciplined and patient approach to investing – small returns turn into big numbers, given time.

On the other side of the coin, costs – when compounded over time – eat away at these market returns to a far greater degree than many investors ever imagine.  Let’s compare two managers who deliver 3% gross (before fees) above inflation, where Manager A has costs of 0.25% and Manager B has costs of 1.00%. We plot the purchasing power impact of these different fee strategies on outcomes, across time, in the chart below.  As you can see, costs matter a great deal; an investor in Manager B’s fund is over £40,000 worse off than an investor with Manager A’s fund over 30 years. Put another way, you end up one third more wealthy selecting Manager A over Manager B.

Figure 1: Compounding is a powerful concept (1)

costs

(1) Compounding: Starting amount X ((1+rate of return)^number of years), where ^ is ‘to the power of’.

 

As Jack Bogle would say: ‘In investing, you get what you don’t pay for’. A pound of costs saved is more valuable than a pound of performance gained because you reliably get its benefits every year.

Risk warnings

This article contains the opinions of the authors but not necessarily Donald Wealth Management (the Firm) and does not represent a recommendation of any particular security, strategy or investment product. Information contained herein has been obtained from sources believed to be reliable, but is not guaranteed. It is not a promotion of Donald Wealth Management’s services. Donald Wealth Management strongly suggests that no investor should act on any of these ideas without first seeking financial advice.

 

Past performance is not indicative of future results and no representation is made that the stated results will be replicated. The value of an investment is not guaranteed and on encashment you may not get back the full amount invested. Errors and omissions excepted.

 

Donald Wealth Management is a trading style of Donald Asset Management Limited which is authorised and regulated by the Financial Conduct Authority in the United Kingdom (FRN: 223784). Donald Asset Management Limited is registered in England and Wales under Company No. 4675082. The registered office address of the Firm is: Stable End, 12 Heather Court Gardens, Four Oaks, West Midlands, B74 2ST.

Peace, Love & Understanding: Help Your Heirs See Eye-to-Eye About Family Wealth

Leaving money to heirs can be a tough road to navigate, but when it comes to transferring ownership and control of sizeable wealth to multiple family members, the task can become significantly tougher. In a nutshell:

  • Nonfinancial issues and family dynamics must be addressed to ensure your heirs don’t erode your wealth.
  • Convey to your heirs your family’s values and how they translate to wealth and financial matters.
  • Family constitutions and ethical wills are smart tools for family financial harmony used by many of the Super Rich.

BSW Inner Circle Report -Transferring wealth to heirs

Extreme Personal Defense (XPD)

If your life, or the life of your loved ones, was under threat, would you fight back?

Significant success in business is often accompanied by significant risk, and you and your loved ones could be the victim of an attack aimed at obtaining your wealth.

A growing number of wealthy families are looking at ways they can protect themselves from situations like this – and now there is a highly-effective self-defense methodology called Extreme Personal Defense (XPD), which can cripple an attackers ability to harm.
The 3 main tactical advantages of XPD are:

  • Combat mindfulness
  • Surprise and speed
  • Strategic striking

BSW Inner Circle Report - Extreme Personal Defense (XPD)

Three ‘Spy Secrets’ That Can Protect You, Your Family & Your Business

Imagine yourself in a vintage tuxedo, sipping a “shaken, not stirred” martini as you make eye contact across the bar with a beautiful secret agent who is about to covertly hand you a dossier with information that will help prevent World War III.

Okay—that’s almost certainly never going to happen to you. But you can use some of the same strategies employed by professional spies and operatives to prevent criminals from harming you, your family and your company.

These strategies come courtesy of Jason Hanson—a former CIA officer who spent nearly a decade at the agency. He then founded a business, Spy Escape & Evasion, to teach people how to be safe using insider spy tactics and wrote The New York Times best-selling book Spy Secrets That Can Save Your Life.

Secret #1: Run an SDR—a surveillance detection route

The SDR is a powerful way to make sure that you’re not being followed by a predator.

Here’s how it works for intelligence operatives. Because they are almost always being watched, they can’t simply drive to a meeting with someone and get handed an envelope of secrets. So an operative might go to Starbucks, go to the gym, go shopping and do other tasks hours before the scheduled meetup. “If I saw the same person or same car in all those spots, I knew I was being surveilled and I would abort the meeting,” says Hanson.

To see how you can apply that technique in your day-to-day life, Hanson offers a few examples:

  • “My wife was at a home improvement store one day and got a strange vibe from a guy near her. So she ran a five-minute SDR: She walked from the garden section, where the guy was staring at her, to the washers and dryers section—and sure enough, he followed her. She walked across the entire store to the lumber section—and he showed up there too. She wandered over to plumbing, and there he was a few minutes later. Ultimately, she got a store manager to walk her to her car.”
  • “A woman I trained was in a department store shopping for shoes when she noticed an odd man staring at her. She ran an SDR by walking over to perfume—and he showed up a few seconds later. Then she left and went to women’s clothes—and he showed up there too. She found a security guard and pointed out the man—who immediately ran out of the store into the parking lot.”

Secret #2: Become a human lie detector

To size up someone’s honesty, ask them a question they’re not expecting and watch how they react. Hanson suggests the following:

  • “Tell me the last time you stole something.” Phrase it this way because, let’s face it: Most of us have stolen something in our lives—even if it was a pack of gum as a kid. Most people will answer with a chuckle as they remember a minor transgression—and very willingly tell you about, for example, that time they accidentally walked out of the grocery store with a gallon of milk on the bottom of their cart. But if this question makes someone really nervous, you can bet you’re dealing with somebody who isn’t remembering a small incident from childhood!
  • “Tell me the last time you did drugs.” A lot of people smoked pot in high school or college but not since then, notes Hanson. People who did will say so. But others who have smoked more regularly or recently will stumble as their brains try to assess on the fly what they should reveal.
  • “So, how many vacuums have you sold today?” Would-be thieves will sometimes pose as salespeople. When you open the door to them, they get to see who lives in your house and if you have anything nice they’d like to steal. As you chat with a salesperson, ask them “So, how many (type of product they’re offering) have you sold today?” A legit salesperson will answer right away. A thief will look confused or act nervous in some way.

Secret #3: Prevent home break-ins

Most home invasions and robberies are planned. It doesn’t matter where you live—criminals walk around looking for houses with the path of least resistance to break-ins. Hanson suggests the following safeguards:

  • Put up alarm signs. You probably should have a working alarm system, says Hanson, but you can also go online and buy stickers for your doors and windows that suggest you have one.
  • Get a dog—or even a dog bowl. If a guard dog isn’t your thing, just buy a dog bowl and dog toys and leave them by your doors. “Criminals are very scared of dogs. They will choose another house if they see dog items at your place—they don’t even need to see an actual dog,” says Hanson.
  • Install security cameras—real or fake ones. If a thief sees a camera, he will avoid your house—and Amazon sells fake security cams that look incredibly real.

ACKNOWLEDGMENT: This article was published by the BSW Inner Circle, a global financial concierge group working with affluent individuals and families and is distributed with its permission. Copyright 2017 by AES Nation, LLC.

This article contains the opinions of the authors but not necessarily Donald Wealth Management (the Firm) and does not represent a recommendation of any particular security, strategy or investment product. Information contained herein has been obtained from sources believed to be reliable, but is not guaranteed. It is not a promotion of Donald Wealth Management’s services. Donald Wealth Management strongly suggests that no investor should act on any of these ideas without first seeking financial advice.

Past performance is not indicative of future results and no representation is made that the stated results will be replicated. The value of an investment is not guaranteed and on encashment you may not get back the full amount invested. Errors and omissions excepted.

Donald Wealth Management is a trading style of Donald Asset Management Limited which is authorised and regulated by the Financial Conduct Authority in the United Kingdom (FRN: 223784). Donald Asset Management Limited is registered in England and Wales under Company No. 4675082. The registered office address of the Firm is: Stable End, 12 Heather Court Gardens, Four Oaks, West Midlands, B74 2ST.

Maximise Your Wealth When Selling Your Business

Research shows that 50% of business owners are unhappy after they sell their company.

The majority (87%) of business owners are interested in selling their businesses someday, but with post-sale levels of dissatisfaction being so high, it makes sense to understand the reasons for this before you start the process of selling your own business. This article discusses how pre-sale planning can help business owners maximise their wealth when selling their companies.

Click here or the following image to read the article.

 

This article contains the opinions of the authors but not necessarily Donald Wealth Management (the Firm) and does not represent a recommendation of any particular security, strategy or investment product. Information contained herein has been obtained from sources believed to be reliable, but is not guaranteed. It is not a promotion of Donald Wealth Management’s services. Donald Wealth Management strongly suggests that no investor should act on any of these ideas without first seeking financial advice.

Past performance is not indicative of future results and no representation is made that the stated results will be replicated. The value of an investment is not guaranteed and on encashment you may not get back the full amount invested. Errors and omissions excepted.

Donald Wealth Management is a trading style of Donald Asset Management Limited which is authorised and regulated by the Financial Conduct Authority in the United Kingdom (FRN: 223784). Donald Asset Management Limited is registered in England and Wales under Company No. 4675082. The registered office address of the Firm is: Stable End, 12 Heather Court Gardens, Four Oaks, West Midlands, B74 2ST.