This article is taken from my latest newsletter.
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Last year, a few of my clients asked me to find providers whereby they could lend against their portfolio assets.
That meant if they had a million dollars, Euros or Pounds in their investment accounts, they could get a loan worth $600,000-$700,000 against that money.
I approached many providers I knew, including one gentleman who was introduced to me as a trustworthy debt advisor.
I had a first conversation with him, and everything seemed good after he sent me some details and offers.
That was until I realized that the name of the bank or lender wasn’t on the offers. I asked him why, and he responded that my clients and I might go to the bank directly.
I don’t deny that some sleazy people will try to get things for free and then execute themselves.
However, I asked him how he could expect any of my clients to go ahead if we didn’t know the names of the lenders in question, and besides, the value of a trusted advisor goes beyond transactions.
Surely, the value is also in asking him technical questions, which he, as an independent third-party who deals with countless providers, will be more objective in answering than asking the same question directly to the bank.
I believe transparency is very important, which is why I bought out an FAQ page which reveals all the information most people need before reaching out to me, and an expat insurance comparison website.
Yes, people can go behind my back, but I trust that my expertise will benefit enough readers and clients.
Speaking about transparency, we should be partnering with a company that offers second passports by investments soon.
Unlike all other firms in that niche, we want to partner with them because everything is transparent online – they showcase every offering with price. You can also pay online.
Alongside bringing in our 24-hour guarantee (a guarantee that all eligible expat and HWNI clients who want an account open within one working day can do so), we have a lot of exciting announcements to make this year.
Have a great 2025.
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Adam is an internationally recognised author on financial matters, with over 760.2 million answer views on Quora.com, a widely sold book on Amazon, and a contributor on Forbes.
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