The Leno International Equity Sub-Fund Lists on BISX
LENO Successfully Acquires Bank of The Bahamas Trust Portfolio, Increases Assets Under Management to...
Trust Professional Dianne Bingham Named to Head New LENO TRUST
LENO help bring “Colours” to Bay Street
Leno donates to Regulators & Eagles Basketball teams
LENO’s Kudos to Cuda’s Swim Club
PM Congratulates Local Financial Services Entrepreneur – LENO Breaks Ground on 25 Million Corp...
Partner in Business Continuity Program Issues Commitment
LENO Head of Trust ‘COVID-19 Makes us aware of our vulnerabiliy, drives interest in estate pla...
Leno President Urges ‘Don’t Panic’, Out of Crisis Comes Opportunity
Leno Lauds Govt for Introduction of Digital Wallets for Social Services benefits
Leno Celebrates 10th Anniversary in Social Distance Style
Leno Marks 10th Anniversary with Pledge to Lead National Effort to ‘Put a Device in Every Child’...
Minister of Education thanks LENO LEARNING LINK donors, urges more to step forward to ‘put a table...
Colour it Selfless – Junkanoo Group Turns Its Annual Donation from Leno Back to Students, Putting ...
Information on transferring Bahamas Government Registered Stock from the Central Bank
Bamboo Shack, Bethel Brothers Morticians donate tablets
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Citi, IOM donation enables students in poorest communities to attend virtual classes
The Leno Individual Retirement Account is a simple to use savings tool that allows you to build the financial stability you will need for your future after the end of your working years.
With a Leno Individual Retirement Account (IRA), you will get a structured but flexible plan to comfortably save for retirement with the portability to ensure that your plan remains with you regardless of career changes.
Leno IRA Plans provide:
Our Retirement Consultants are available to help you every step of the way. Contact us for more information.
Generation after generation homeownership has remained an ideal for many. In recent years there has been a global generational and cultural shift in buyer habits. A 2019 Statista survey notes that millennials under the age of 35 had the “most pessimistic outlook” on purchasing homes. Due to the mammoth combination of economic factors and financial …
Continue reading "Discussing idealism surrounding homeownership"Posted by Leno Media 17 Feb 2021
Amid the COVID-19 global pandemic, U.S financial markets saw an explosion of retail trading activity as individual investors fell in love with the world of stocks. Popular brokerage apps such as Robinhood, E-Trade, and TD Ameritrade empowered retail traders, giving them a voice in a marketplace that billion-dollar trading firms primarily dominated. The “little guys” …
Continue reading "GameStop Frenzy: How Retail Traders Outplayed Wall Street Titans"Posted by Leno Media 7 Feb 2021
Having undergone legal, technical and public scrutiny by regulators, in addition to robust investment analysis by respected investors, over the course of more than a decade, a balanced view has begun to take shape whereby Bitcoin is emerging to be perceived as “digital gold”. Ironically, a few years back, the big banks were only interested …
Continue reading "Redefining Gold…digitally! Gold & Bitcoin as Shock Absorbers in Challenging Times"Posted by Leno Media 26 Jan 2021
While Bitcoin and gold can both generate the desired diversification effect from inclusion in traditional portfolios as a hedge, Bitcoin outperforms gold in several ways which could very well serve as predictors of superior value appreciation over the long run: Generational Shift in Investing Behavior: Bitcoin represents a generational shift in investing behavior, potentially a …
Continue reading "How Bitcoin outshines Gold"Posted by Leno Media 26 Jan 2021
When constructing an investment portfolio, diversification is essential to mitigate against investment risk caused by the natural price fluctuations seen in financial markets. In an effort to offset some of that inherent volatility, many investors naturally seek to hedge their traditional portfolio positions with alternative assets. The approach of adding to the portfolio mix from …
Continue reading "Bitcoin 101"Posted by Leno Media 26 Jan 2021
Once considered a privilege for the wealthy, trusts are increasingly popular among all who understand the power of planning. They want to protect and grow their assets while alive and ensure they are distributed according to their wishes after their demise without the requirement, expense or delay of probate — in confidentiality and privacy. But …
Continue reading "Why and How to set up a trust"Posted by Leno Media 26 Jan 2021
The Leno Individual Retirement Account can be started with as little as $50.
Nothing. Leno does not have penalties related to this product and your investment will continue to earn interest in accordance with the investment strategy selected.
The Leno IRA is your personal pension plan making it portable. The plan goes wherever your career takes you in life.
The Leno IRA is client driven with clients having the ultimate control of the contributions they make. In the event of a medical emergency, clients will be allowed to make a withdrawal.
No. Clients can contribute whatever amount they desire.
Upon retirement, the client can select either a lump sum payment or a monthly income stream based on the final value of the client’s retirement plan value.
Yes. However, Leno does not encourage joint retirement accounts given the importance of having a financially stable retirement.
Yes. Clients have the option of changing their beneficiary at any point in time.
Yes. Leno has engaged an independent trustee to ensure the plans integrity and accountability of the service providers.
The Leno Individual Retirement Account offers three (3) investment strategies to select from. Those strategies are: (1) The Conservative, (2) The Balanced, and (3) the Aggressive Strategy. Each strategy has a different risk level and investment objective. The Conservative Investment Strategy is low risk and is designed to provide safe and steady growth. The Balanced Investment Strategy has moderate risk and is designed to benefit from the returns associated with the stock market while buffering any fluctuations that may occur by having a portion of the investments in safe investment like government bonds. The Aggressive Investment Strategy is high risk and is designed to generate returns by investing in the various publicly traded companies pegged for growth within their respective industry and the overall economy.
Clients are allowed to change the investment strategy once per year.
Leno recommends that clients select a strategy that reflects their comfort level as an investor in terms of risk, the time horizon for their investment and their overall objective. One of Leno’s representatives will be happy to guide you during the process.