Hi and welcome.
We received a communication from a SPI-Club Member asking; “what is the relationship between Stein Consulting Ltd, SPI-Club, and Stein International Investment Management (SIIM)” and how do they inter-connect? A great question and thanks to JD for fielding it.
Let me start with our history. The original business started from my purchase of the servicing rights to the clients of Overseas Investment Brokers (OIB), in Estepona on the Costa del Sol in Spain. The purchase was completed on 1st June 2012.
I was aware of the poor reputation of OIB but could see the potential opportunity to create something special and unique in Offshore Financial Services and this was a great place to start.
In my original Business Plan, I targeted 6 months to lay the foundations to changes to bring a client environment to the Business Model, rather than a customer relationship who have just been sold to, and OIB rewarded by commission from the product providers.
My first task was to clear out the salespeople who were the perpetrators of my predecessors greed that had caused so much damage and suffering.
I turned to Ron Jordan, who I had worked with at the J Rothschild Partnership in UK and trusted implicitly, dragging him out of his comfortable retirement to help me for six months in the task of implementing a quite unique Stein Business and Investment Model.
We set out to cleanse the business of unfair charges and poor investment advice that was causing permanent long-term damage. Ron is still with us 11 years later and integral to the continued development of the Stein Brand and Services.
We realised very quickly that the vast majority of “Offshore Financial Service” companies were built on similar Business Models to my predecessors. Sadly, it appears to be a worldwide issue with high commission structures, hidden charges, commission paid on funds as well as Insurance Bond Raps that carry severe exit penalties for early withdrawals.
All hidden in the small print!
To our astonishment, the clients were not aware of the raft of charges, and how they had been disadvantaged.
If any of this information strikes a chord with you, contact us immediately for a free review.
Stein clients have been fully cleansed of such disadvantaged practices as The Stein Business and Investment Model does not allow commission, take inducements, or allow exit penalties to be charged, so there can be no confusion over the cost of provision in any of our services.
Around 4 years ago I was approached by Rob Allen who had been scouring the international space to find a wealth management business he could join and put his name to and potentially buy.
He had been impressed by our Business Model and reputation. I felt with his background of also working with The J. Rothschild Partnership, and his previous success indicated he was someone who was a good fit both talent wise and ethically and could add value to take Stein forward.
Together we continued to evolve the company including changing the company name to Stein International Investment Management (SIIM).
Following the toughest 3 years of my 41-year, and Rob’s 33 and Ron’s 28-year financial services careers, Rob is now Managing Partner of SIIM and majority share holder. I have left some skin in the game and Rob is not only my friend, technically he is now my Boss”! He likes that, and especially when I say it.
SIIM Looks after global expats with personal, regulated financial advice, and active fund management. Values are typically between $500K-$20m of personal or family wealth.
Our aim is to help you achieve financial peace of mind while freeing up more time for the things you love.
Charges are limited to an initial Portfolio Set-up Fee and annual advisory fee based on results. The higher the investment the lower the charges.
Rob has also brought in Strategic Partners, Guinness Global Investors, Rathbones International, LGT Wealth Management and RBC Brewin Dolphin who are very significant long-standing Fund Houses of high repute, which has played its part in bringing in and maintaining significant new clients and funds under SIIM advice.
His role as Managing Partner, has released me to introduce additional services such as Stein Private Investors Club and Strategic Personal & Corporate Planning through Stein Consulting Ltd.
Now back to the original question from SPI-Club Member JD who is asking; how do we inter-connect and what are the benefits?
The on going development of the Stein Group with the three sister companies and the inter-relationship between the three disciplines is as follows;
Stein International Investment Management (SIIM); provide regulated pension and investment advice via “best of breed” world class Managers and Funds or Model Portfolios (MPS/DFM)
SIIM takes Ecological Social and Governance (ESG) factors into consideration as well. This can include considering the fund’s ESG rating, its strategy for incorporating ESG principles into its investments, and its commitment to reporting on ESG issues.
Most of the groups UHNW clients typically have around 80% of their capital with SIIM
https://www.stein-investments.com/
That brings me to Stein Private Investors Club, or SPI-Club as I like to call it.
SPI-Club; provides financial intel on a “basket of high growth potential, single equities and Crypto Currencies that are capable of x10” overtime.
We model these single equities into portfolios which reduces risk. Our Intel and stock and Crypto picking goes to make well informed smart investment decisions. This is a no advice service. This is where the remaining 20% of certain client’s wealth can come into play.
Alternatively, we help stand-alone investors who are not looking for regulated advice and want to act on their own initiative following first class market intel.
At SPI-Club we bring to the attention of our members new disruptive and innovative technologies that are transforming the world at the fastest pace in history and to give them the tools and resources to make informed decisions to become DIY “Risk On” investors with a % of their available capital.
http://www.steinprivateinvestorsclub.com/
And finally, for now at least, we have Stein Consulting Ltd.
Financial Independence for Life is the ultimate goal of any smart savvy investor. It requires careful planning and the implementation of a winning strategy that involves diversifying investments, taking advantage of legitimate tax shelters, and creating a reliable source of future passive income.
Investors should carefully weigh their options and take calculated risks, with periods of “Risk-on” and “Risk-off” investing depending on the world economies and how markets are responding. They must also be prepared to adjust their strategy as the markets and their own circumstances evolve.
Investing for Financial Independence for Life requires discipline, patience, clear strategy, and dedication. It is important to remember that success in investing is rarely achieved overnight; rather, it takes time and effort to build a diverse portfolio that will generate sufficient income to sustain Financial Independence for Life.
There is clear benefit for ambitious investors to engage in the three services to ensure they are making the best use of cutting-edge opportunities and their resources. It is important to review at least quarterly to update the Financial Plan statistics in order to understand what needs to happen next to move closer to the goal of Financial Independence for Life.
Stein Financial Planning helps investors create an overall financial strategy and plan for their future. A Stein Consulting Financial Planner will help create a plan tailored to the individual situation and goals of the member, ensuring they understand how to best use their resources to achieve the desired outcome.
Secondly, Rob Allen and his Team at SIIM will help clients make educated decisions about how to invest their money, manage risk, and provide advice and guidance on which investments are appropriate at that time, when to buy, sell, or hold, and how to diversify a portfolio to minimize risk and lock-in returns.
This includes estate and tax planning to help ensure that the client’s estate is properly set up and managed in order to avoid probate delay and unnecessary taxes in life and nullify taxes after death.
Lastly, SPI-Club provides Financial Intel, Analytics, Model Portfolios, regular News Bulletins, and Trade Alerts on when to buy, sell, hold, or downsize the opportunity. This is a low-cost entry to 4th Industrial Revolution Innovative and Disruptive Cutting-Edge opportunities currently in Equities and Crypto Currencies, with mouth-watering long-term potential.
Thank you, JD, for your question, and I hope readers takeaway from this SPI-Members Question the importance of laying the foundations to a future fortune, implementing the “Risk Off” financial strategies with Rob and his team, and regularly reviewing a Financial Plan that if successfully implemented will lead to Financial Independence for Life.
Any questions, or requests to stuart.l@steinprivateinvestorsclub.com
Best regards
Stuart Langan
SPI-Club Founder