The best financial plans are a combination of a “life roadmap”, “life goals” and “achieving the financial stability” best suited for your lifestyle.
Leno knows that every great financial plan begins with a client’s self-awareness of their spending habits, a clear understanding of their financial goals and the decisions he or she will need to make to reach those goals.
Financial health is like actual health. One must be prepared to have the honest conversations with their financial advisor to determine the best path forward. Leno understands this and works to meet our clients wherever they are in their financial journey.
Our team is well versed when it comes to investments and we will provide you with the necessary, yet personalized tools that will set you on the path to achieving your life goals.
At Leno, our goal is simple and straightforward – Help clients achieve financial stability in the key areas of life while providing them a framework to financially fulfill their desires and goals.
Whether you need a simple conversation to better understand how Leno’s investment products can empower your savings or a full-fledged financial plan that reflects your financial goals while assessing your current budgetary needs and habits – Leno is happy to assist.
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 …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” …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 …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 …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 …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 …Posted by Leno Media 26 Jan 2021
Leno charges $200 for a standard fully detailed financial plan. This will include a breakdown of your budget, monthly goals, retirement savings, relevant future value projections and a framework for saving towards your personal savings and investment goals using Leno’s investment products. In addition, Leno is proud to be launching a property digital portal version later this year to provide our clients more digital options to enhance the client relationship and experience.
The general steps involve:
– Assessment of current spending and savings habits
– Assessment of current savings, retirement savings and insurances
– Development of a debt reduction strategy
– Development of a list of personal and savings goals
– Development of a savings strategy using Leno Mutual Funds
– Understanding your Retirement Strategy and the phases of accumulation and distribution
– Future Value Projections for all savings strategy
– Timelines related to plan goals
– Identifying Lifestyle Tradeoffs to reduce costs
– Development of a Monthly Budget that reflects your Plans
In addition, your Leno representative will engage you in a series of discussions related to your spending habits, understanding your happiness model and how it relates to your overall financial plan.
Financial advice is centered around how clients can use Leno’s investment products to increase their savings potential such as establishing a brokerage account or mutual fund and/or investing towards a specific goal like retirement. Leno strives to provide clients with relevant information to increase their understanding of our investment products and to increase informed decision making. With a clear and open conversation, clients can gain a great understanding of Leno’s investment products to find the product that meets their needs. There is no cost for this.
Financial consultancy involves a greater depth of information sharing by the client on their current savings situation and reaching their investment goals. Our Leno representative’s advice will include market advice, investment strategies, debt savings strategies along with an overview of the product knowledge covered in the standard financial advice that we give. Financial Consultancy is the foundation to all Financial Plans and initiates the conversations related to self-assessment of one’s spending and savings habits while developing the strategy to apply Leno’s products to achieve your life goals. This is the first stage of developing a Financial Plan.
This is usually a tough question to answer given that many people are in better (or sometimes worse) financial shape than they realize.
We encourage all clients to look at Leno’s products and investment options in The Bahamas to increase their own personal understanding of savings to apply to their own financial plan.
However, please note that our financial plan will provide a framework for those clients who want to develop a deeper understanding and knowledge of their personal savings journey with the guidance of our financial professionals.
Information is power. Financial plans provide persons with the information to develop a personal financial roadmap of their personal investment goals while empowering them with the knowledge, tools, and tactics to achieve those goals. In addition, goals become quantified and systematically approached making them manageable and achievable.