Josh and I were in Austin & Boston last week meeting with other advisers at the top of their fields and discussing issues surrounding best practice and fiduciary duty. The concept of an investment adviser acting as a fiduciary to client’s wealth is given a very high profile in the US but we wonder if in the UK, this is something of an exception rather than the norm? The changing regulatory structure on how advisers charge for their services has brought about sweeping changes in how advisers are positioning themselves when working with their clients and perhaps now is the time to look more deeply and perhaps laterally, at the way we define service.
I have tried to personally budget on numerous occasions. I have tried excel spreadsheets, Quicken and other software. I hate budgeting, most people I know also hate it as it’s pretty boring and can lead to some uncomfortable conversations both of which we tend to avoid. The trouble I have is how to budget the lumpy items, the cash and the one-offs. Given these hurdles I often give up.
When people come to me with questions about investing, those questions, irrespective of the net-worth of the client, always lead to budgets.
Over the years I have chalked up a few academic accolades and whilst of course I value them I also value the depth of achievement of colleagues. At MASECO we have individuals who have passed advanced qualifications such as CFAs, CFPs, ACAs, those who have completed and are completing MBAs and Mark who is concluding his Ph.D. in Finance.
MASECO Private Wealth is pleased to share with you the great news that Josh Matthews and James Sellon have been recognised again in the Citywealth Leaders List 2014.
In plain English this translates to – Do the professionals manage to do better than the indices? Every quarter the Financial Analyst Journal lands on my doorstep and without fail I read it cover to cover. Over the years it has provided a ton of academic evidence that supports our investment philosophy but I have never commented on it. A
One of our Managing Partners, James Sellon, passed and acquired the Certified Financial Planner (CFP)qualification. James joins Ashley Scher to have both acquired the qualification. However, we look forward to other members of the firm following suit.
James Sellon, Managing Partner at MASECO Private Wealth, was invited to take part in an HM Treasury Working Group focussing on Social Investment Tax Relief (SITR) which he attended yesterday.
Josh Matthews and James Sellon, Managing Partners at MASECO, have both been quoted in a recent article in International Adviser discussing whether US financial institutions are turning away long-standing customer retirement accounts (unless, of course, they are significant size) if the account holder lives outside the US.
Last night, James Sellon, Managing Partner of MASECO Private Wealth, attended the prestigious Citywealth Magic Circle awards.
MASECO had been shortlisted (again!) in one of the most competitive categories – Financial Advisory Firm of the Year
For the third year running, Josh Matthews and James Sellon have been included in the prestigious Citywealth Leaders List 2013.