w/mug of Buffini
Isle of Man-based Moore Stephens Financial Services has created a new flexible savings service for superyacht crew, the Personal Wealth Builder investment account.
The service lets crew put aside a little something each paycheck to practice the sagest of financial advice: to pay yourself first.
“The Personal Wealth Builder account offers great flexibility which is perfect for superyacht crew and comes with a greater range of investment funds than many other similar savings schemes,” said Mike Buffini, a chartered wealth manager and director in Moore Stephens Financial Services. “You know, most savings plans are just too complicated for the lifestyle of superyacht crew.”
Monthly investments start at $300 (300 euros; 200 pounds) and the account lets crew change how much is saved and how often with no fixed saving term. Savings in the account is available at any time with no penalties, and investment options include chosen growth portfolios or more than 370 global investment funds. Money can be moved between investments at no charge.
Moore Stephens does not collect a commission on the transactions in the account, but charges a one-time set-up fee.
Moore Stephens is a global accounting and consulting firm with more than 624 offices in 101 countries. For more information, visit www.msiom.com.