Life After Exit - Managing Your Wealth For Amazon Sellers
Seller Sessions · with Richard Hollowood & Jim Mann · April 26, 2022 · 33 min
Summary
For Amazon sellers who have successfully exited their business, this episode dives into crucial wealth management strategies. It covers short-term and long-term investment options, the pros and cons of offshore finances, and clarifies the roles of different financial advisors, providing a roadmap for securing your financial future post-exit.
Key takeaways
Explore offshore financial solutions for potential tax efficiencies and diversification, but be aware of the regulatory complexities and reporting requirements.
Differentiate between an Investment Adviser, Wealth Manager, and Relationship Manager to select the appropriate professional for your post-exit financial goals.
Consider long-term investment strategies like pensions as a core component of your retirement planning, even if significant liquidity is achieved through an exit.
Prioritize understanding global portfolio management strategies to diversify assets and mitigate risks across different markets.
Seek advisors with expertise in ultra-high net worth (UHNW) client management and family office services if your liquidity event is substantial.
Richard Hollowood and Jim Mann from Close Brothers join me today to speak more in-depth about where to put your money in both the short and long term. We chat about off shore and the pros and cons, Pensions, the difference between Investment Adviser, Wealth Manager and a Relationship Manager. Jim joined Close Brothers in September 2021 to manage a range of global portfolios for offshore institutional and private clients and is based in Guernsey. Jim trained as an equity analyst and worked for Merrill Lynch in London and Boston, USA. He has had extensive experience of running institutional global equity portfolios since 2004. Jim has also worked within a UHNW Family Office, and most recently at BNP Paribas Investment Management. Jim graduated from the University of Exeter with a BSc (Hons) in Mathematical Statistics and Operational Research. Richard Hollowood is a Managing Director based in Guernsey, having joined the organisation in 2006. Prior to joining Close Brothers Asset Management, Richard was a Private Client Investment Manager at Singer and Friedlander for three years and gained over six years of institutional investment experience managing US and Global equities with Mercury Asset Management and AXA Investment Managers.
What does this episode say about finance & fundraising?
Explore offshore financial solutions for potential tax efficiencies and diversification, but be aware of the regulatory complexities and reporting requirements.
What does this episode say about founder & leadership?
Differentiate between an Investment Adviser, Wealth Manager, and Relationship Manager to select the appropriate professional for your post-exit financial goals.
What does this episode say about finance & fundraising?
Consider long-term investment strategies like pensions as a core component of your retirement planning, even if significant liquidity is achieved through an exit.
What does this episode say about finance & fundraising?
Prioritize understanding global portfolio management strategies to diversify assets and mitigate risks across different markets.
What does this episode say about finance & fundraising?
Seek advisors with expertise in ultra-high net worth (UHNW) client management and family office services if your liquidity event is substantial.
