Welcome to the Mynco FAQs section
Here, you can see some of the questions we are asked most often and find the answer to your query. If you don't see your question here or need further advice, please do not hesitate to get in touch with us.
How do you define wealth management?
At Mynco, we define wealth management as a combination of custom financial planning advice with professional investment management. Our goal is to clearly understand your financial situation, objectives, and aspirations to create an overall plan that addresses your current and future needs.
Are you tied to other financial organizations?
No, Mynco is firmly committed to remaining independent and operating as an adviser who can access the whole of the market and select from a wide array of products and services that ensure we can offer you the best options available without limitation.
Who will I speak to on a regular basis?
After opening your new account with Mynco, you will be assigned a dedicated account manager who will be your direct point of contact for all matters relating to your investments and other needs.
How much does an initial consultation cost?
We provide a complimentary initial consultation to get to know you better and determine if we are the right wealth management firm for you by discussing your specific requirements and proposing a path forward or pointing you in the direction of a more suitable service provider.
Can you manage my investment portfolio?
Certainly, we are one of the few independent financial planning firms with an experienced in-house investment team. Our bespoke discretionary portfolio service is designed to cater to most individual investment situations, and our advisory service is for experienced investors and those with more substantial or complex investment needs.
Can you help me protect my wealth and estate?
Absolutely. We can develop a comprehensive plan to help preserve your wealth for future generations using an inclusive process that can involve your children and grandchildren and ensure everyone is on the same page concerning your family's financial legacy.
What do I need to have for an initial consultation?
During your initial consultation, it's helpful to have relevant financial documents at hand, such as details of any current investments, pensions, and information about other assets and liabilities, which will enable us to understand your financial situation better and provide more custom advice.
How often should I review my financial plan?
It is advisable to review your financial plan at least once a year or whenever there is a significant change in your life, such as marriage, the birth of a child, career changes, or changes in health. Regular reviews ensure that your plan remains aligned with your goals and needs throughout your lifetime.
What investment risks should I be aware of?
All investments carry inherent risks, including market volatility and the potential loss of capital, so it's crucial to understand your risk tolerance and the types of investments that might be suitable for your situation and financial goals. Our team will help clarify these risks and help you make informed decisions.
How can I get started with Mynco?
All you need to do is email us through our contact form or email address or give us a call, and we will schedule a complimentary consultation to discuss your financial wants, needs, and goals.
Building trust and cultivating long-term relationships
We have built deep, lasting connections with our clients through open communication and providing a close personal service, so if you're looking for a reliable wealth management partner or would like more information about our services, please don't hesitate to let us know.
