How do you know if Blackstone Wealth Management is right for you and if you are right for Blackstone Wealth Management?
Profiles of Clients Like You
A retired couple. These clients are living largely from their investment capital. They need a portfolio that grows enough to protect them from the risk of inflation, but with down-side risk strictly controlled. They need to know not only do they have enough but maybe if they have too much and how best to plan to distribute surplus capital. Estate planning issues often influence the structure of their affairs.
A couple planning for retirement. This client has a few years before retirement. Their portfolio is more growth oriented. Since they will not need access to their capital now, more portfolio volatility is tolerable. We also help them choose from among the investment options of their employer retirement plan. As they approach retirement, key issues start to change. At this time, they need to take another look at their retirement and estate plans.
A recent widow/ widower. These clients look to us for support in several ways. This client usually also has limited investment experience and is going through an emotionally challenging time. We may invest in a very low-risk "comfortable" portfolio until we have had time to go through an educational process about investing. As the client becomes more knowledgeable and emotionally ready, we gradually change the structure of the portfolio to meet their long-term objectives.
A small business owner. We are assisting this client in the management of his or her personal assets, company's assets and the assets of the company pension fund. Each portfolio requires individualised design and risk/reward trade offs.
The suddenly wealthy. This client is typically extremely busy and may be relatively young. Things are happening fast in their life and they need a "personal Finance Director" to manage their new- found wealth and determine how hard they must make their portfolio work. Depending upon their lifestyle and financial goals, this client usually desires comprehensive financial counsel in order to be able to pursue other interests.
New Client Requirements
In order to ensure that we serve our clients to the best of our abilities and in most cases exceed their expectations, we need to limit the number of new clients that retain us each year. The following is a schedule of the basic minimum requirements to begin a relationship with Blackstone Wealth Management. You would only need to satisfy one of the following:
Our engagement may be terminated at any time. We do not charge a termination fee.
Fee Schedule
To ensure that our interests remain aligned with our clients, our compensation is not based upon commissions or transactions. Our objective is to always make recommendations solely in the client's best interest. We are paid only by the client. We do not accept commissions, referral fees, or any other type of third- party compensation.
For most clients, reasonable levels of investment planning and financial planning advice as described in the appropriate sections of this web site are included in our investment advisory fee described below. This includes a comprehensive retirement analysis and an assessment of current estate documents. Our fee schedule is as follows:
Investment Planning & Portfolio Design, Portfolio Implementation,
Monitoring & Reporting:
£500,000 - £1,000,000............................1.00%
Next £2,000,000.....................................0.75%
Next £2,000,000.....................................0.50%
Next £5,000,000.....................................0.25%
Amounts over £10,000,000......................0.20%
In order to cover the costs of migrating existing assets to Blackstone Wealth Management Limited, we may require an initial fee.