
EP. 170 - Financial Advisor REVEALS The Best Asset To Build Your Wealth ft. Chris Ball
In this episode, Ato speaks with Chris Ball, a financial advisor, chartered accountant, and CEO of Hoxton Wealth, which provides borderless financial advice to high and ultra-high-net-worth clients, managing $2.7 billion in assets for over 7,000 clients globally.In this episode we discuss:- Starting Hoxton Wealth- Money management is key to building wealth- Why buying a property isn't the smartest investment- The best performing assets to invest in- How to invest globally- Whether you can still build wealth in the UK- Best places in the world to build wealth and much moreConnect with Chris:https://www.linkedin.com/in/chrisballhx📩 Sign up to my mailing list to be the first to know about upcoming events:https://eepurl.com/hJEcLL🤝 SponsorTide - Earn up to 4.48% AER Variable on your business savings here:https://www.tide.co/offers/savvywallet/You'll get a free £100 when you use the code ‘SAVVYWALLET’ and fund the Instant Savings Account with £5,000 within the first 30 days. Ts&C's apply. Save more, earn more—up to 4.48% AER (variable). Interest rates are tiered, with the top rate for balances over £1M. Each tiered rate applies to the portion within that range. New Tide members get these rates free for 6 months; after that, your Tide plan’s rates apply. For the full offer T&Cs visit tide.co/savings.🤝PartnersBlack Business Show - Grab FREE tickets with the code "SAVVYFREE"https://www.birminghamblackbusinessshow.co.ukCheck out our partners who offer Stocks and Shares ISA and more:⚡️Hargreaves Lansdown ⚡️https://hl.7eer.net/B0mz50Capital at risk⚡️Interactive Investor ⚡️https://prf.hn/click/camref:1101l3RTLM/ar:SWCapital at riskSome of the links are affiliate links which means that we will receive a small commission if you make a purchase, however there will be no additional charge to you.TIMESTAMPS0:00 - Preview1:08 - Intro1:44 - Meet Financial Advisor & CEO of Hoxton Wealth - Chris Ball4:27 - What inspired me to become a financial advisor? 7:13 - Moving from KPMG to Abu Dhabi12:47 - Transitioning from a Tax Advisor to a Financial Advisor14:12 - Key lessons from working in De Vere Group16:04 - Why I started Hoxton Wealth 19:10 - Tide Ad20:40 - The challenges of building Hoxton Wealth 24:09 - What sets Hoxton Wealth apart 29:49 - Lessons from working with high net worth clients36:09 - How have my clients built their wealth?39:20 - The role of a financial advisor41:26 - How to think about ‘risk’ when investing in the stock market45:44 - How to have a long-term investing mindset 47:55 - Core investment vehicles for people to invest in50:40 - Free tickets to the Birmingham Black Business Show51:43 - Is buying a Home a smart investment? 56:07 - Renting vs Buying your property59:16 - Best approach to start investing in the stock market1:02:12 - How long should you invest in the stock market for? 1:03:02 - Expected returns from investing in the stock market 1:03:42 - How to build passive income from an investment portfolio1::05:53 - Should you have bonds in your portfolio?1:10:50 - How to invest globally1:14:50 - Key characteristics to be a good investor1:17:43 - Working with clients leaving the UK 1:20:18 - Can you still build wealth in the UK?1:21:20 - How to build wealth in the UK?1:28:45 - Other Countries that are great for building wealth 1:33:47 - What it takes to build serious wealth1:37:58 - Factors to consider before you move? 1:39:52 - What happens to your assets when you move?1:44:39 - Are people still retiring in Spain?1:45:49 - Vision for Hoxton Wealth1:47:18 - Final WordsDisclaimer: The information contained on this video is not intended as, and shall not be understood or construed as, financial advice. I am not a financial advisor and the information in this video is not a substitute for financial advice from a professional who is aware of the facts and circumstances of your individual situation.Learn more about your ad choices. Visit megaphone.fm/adchoices
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