After years of running his own business, John recognised a familiar challenge for many entrepreneurs, spending so much time focused on work that personal finances take a back seat. With increasing complexity and long‑term plans in mind, he wanted expert support he could trust to bring everything together.
Read his story below.
“As an entrepreneur, it’s very easy to become completely wrapped up in your own business. There’s an old analogy that illustrates this well: if you look at a professional decorator’s house, the windows are often falling apart because they’re too busy working on other people’s homes. In the same way, it’s easy to fall into the trap of neglecting your own affairs.
For me, the wake-up call came when I saw the benefits of compound interest from a pension scheme I’d invested in. Around that time, a friend of mine had been working with Progeny for a couple of years, and my business partner had also been introduced to John Francis. They had worked together for some time and were both very happy, which gave me a strong benchmark.
I initially had a conversation with John Francis and stayed in touch for a couple of years. After my business partner moved across, and having seen the tangible results Progeny had achieved for both him and my friend, the decision became relatively straightforward. As a businessman, I did compare a couple of other firms, but ultimately I felt that Progeny would give me exactly what I needed, and that decision has proved to be the right one.
The initial contact was very important. I got on with John quickly; I liked his style and his attention to detail. Communication is also very important to me, and it was clear from the start that their systems and protocols ensured strong communication and transparency.
Although I’m not a financial expert, as someone who has run a business, I believe it’s essential to understand what’s going on. I require a good level of detail, and that’s exactly what John provided. Over time, I met the broader team, including his assistant Carmen, who is excellent, as well as the legal team who handled the wills and the accountants who manage the tax returns. Everyone has been very good.
Whenever I have a question or need clarity, I have no hesitation in reaching out. I can contact Carmen to set up a call with John, and he always responds promptly and provides the answers I need.
In terms of outcomes, I’ve been doing a lot of travelling over the past four years, virtually all over the world, which has been fantastic. I also now have a wonderful retirement home that’s fully paid for, as well as some investment properties. Overall, I’ve built a portfolio that is performing very well.
All the essentials are taken care of: my will is in place, my tax returns are handled each year, and I have an investment strategy that we review and adjust as needed. As a result, I’m very, very pleased.”
Please note
This article is distributed for educational purposes only and should not be considered financial advice. The opinions stated in this document do not necessarily represent the view of Progeny and should not be relied upon to make a financial decision. The information provided is of a generic nature, which is not specific to your personal circumstances and should not be taken as advice or recommendation. Individuals must not rely on this information to make any financial or investment decision. Before making any decision, we recommend you consult your financial planner to consider your particular investment objectives, financial situation, and individual needs.
Any tax treatment is dependent on the individual circumstances of each client and may be subject to change in future.
The value of an investment and the income from it can fall as well as rise and investors may get back less than they invested. Your capital is therefore always at risk. It should be noted that stock market investing is intended for the longer term.