Whether it’s anxiety about paying the bills, guilt at spending, or feelings of inadequacy over our income, polls frequently show money to be a leading source of worry, and one of the main causes of rows between couples. Even the rich aren’t immune, according to Capgemini’s annual World Wealth Report, with top concerns for millionaires in 2015 ranging from how they will maintain their lifestyle to whether their offspring will mismanage their inheritances.

So how do we make peace with our bank statements and instead spend the wee hours calmly contemplating whether that car alarm will ever stop? The answer, at least according to some, lies not in spreadsheets and interest calculators, but in financial therapy. A burgeoning field in the US, where the five-year-old Financial Therapy Association counts more than 250 members, financial therapy combines traditional financial advice with a more touchy-feely psychological exploration of what is driving a client’s behaviour towards money.

It doesn’t come cheaply, of course, but financial therapists say we should think twice before rolling our eyes: they claim our emotional issues around money could be the exact reason we don’t have more cash to pay our bills.

They say the way we treat money is influenced less by logic and more by deep-seated beliefs that we are often unaware we hold. We may grow up watching our parents struggle with money and subconsciously develop negative, fearful emotions towards it, for example.

Low self-esteem can lead to the self-fulfilling prophecy that we will never make enough to be comfortable. “The obstacles that keep us from having more and being more are rooted in the emotional, psychological and spiritual conditions that have shaped our thoughts,” writes US financial expert Suze Orman in The Road to Wealth: A Comprehensive Guide to Your Money. “In other words, what we have begins with what we think.”

Financial therapists aim to identify and tackle a client’s psychological “blocks” about money through a mixture of established therapy techniques, such as asking them to recall early memories or write down word associations, and classic financial planning tools such as balance sheets and cash flows.

Practitioners tend to come from backgrounds that include psychology, marriage or family therapy, mental health, social work and financial planning, and what they offer depends on their training. A psychologist won’t necessarily be able to advise on Isas, for instance.

The practice has yet to make it to Britain – although Kristy Archuleta, president of the Financial Therapy Association, believes it is only a matter of time – but financial coaches such as Simonne Gnessen tread similar ground. The co-author of Sheconomics and founder of Brighton’s Wise Monkey Financial Coaching, Gnessen came to coaching via a course in neurolinguistic programming.

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Committed to Satisfying Client Expectations

Our long and diversified experience in the industry has provided us the understanding of our clients’ goals, enabling us to work at delivering their investment needs and, thereby, strengthening our relationships which serve as the foundation of our company’s stability.

Customized Approach

We believe that our independence is a valuable asset which provides an investment experience that is fitted to suit the specific needs and goals of every client under our care. Our assistance has, as a result, remained unbiased as we build practical wealth solutions for our clients.

Sparks Corporation does not sell products or prescribe self-oriented advice or information. On the contrary, we objectively consider what our clients say and what they want to accomplish and appreciate their situations before coming out with a clear plan to satisfy their requirements judiciously and efficiently.

Declaration of Rights

What to Expect

We subscribe to the principle that maintaining productive relationships with our clients requires a solid foundation. To set up that foundation and to assure that each client receives a reliable and excellent service, we present a Declaration of Rights to assist clients conceive expectations of our service performance.

Quality of Service

Clients deserve and expect proactive services delivered in a timely and courteous manner.

Professionals Advisors

Our clients will retain their original right to have direct access to a committed group of experts who are individually and collectively responsible for the efficient performance and management of our investment services. As individuals, each professional is chosen on his or her qualifications as an expert in one’s particular financial field. As a group, they work together to deliver creative solutions to remove obstacles our clients may encounter on a day-to-day basis. Our experts are our clients’ first line of defense against challenges in their investments. Keeping a constant watch over our clients’ welfare is our secret to our dependability and our excellent services.

Our Advice, Your Decisions

Our clients have the option of selecting between discretionary management or non-discretionary management-based services. We provide unbiased advice founded on our in-house current research output, present suggestions that we feel are highly appropriate to the prevailing conditions of every client, and then execute the strategy upon the clients’ approval.

Transparency

Trust and transparency go together as one closely-linked requirement for excellent service. Our clients are certainly entitled to valuable information of the fees they expect to pay for our advisory services, de...

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Sparks Corporation believes in satisfying its clients with the kind of service founded on a range of financial strategies that delivers their needs and objectives for the present and in the future. Moreover, we develop solutions that suit their specific circumstances in life and according to the potential they can attain given their assets and the opportunities available in the within their jurisdictions and even beyond. Sparks Corporation knows how to structure these solutions to greatly facilitate the achievement of our clients’ goals. Here are some of the steps through which Sparks Corporation accomplishes this:

Transaction Accounts

Unlimited and direct access to advice and implementation of conventional investment trading accounts, for instance, currency, options and margin.

Fee-Based Structure

Pre-determined account management and customized wealth service fees present our clients with a fair and accurate understanding of compensation costs.

Portfolio Management

A discretionary approach that enables and authorizes the Investment Advisor to develop, execute and conduct current maintenance of investments on the client’s behalf. Decision-making will be done with reference to your personal investment profile.

Asset Management

Based on a single annual fee, Asset Management accounts allows you the freedom and versatility to dynamically set and attain your financial objectives minus the problem of high transactional fees.

Comprehensive Solution

This is particularly designed to provide a total wealth management plan to withstand the financial obstacles connected with significant wealth. Itemized financial parts are integrated into one effective mechanism aimed at diversifying invested interests and designing tax-responsive structures using various mandates, asset types and investment approaches.

Making Your Money Work Harder For You Is What Do Best

Sparks Corporation’s non-discretionary portfolio-review services are aimed at producing a comprehensive understanding of your financial situation, investment choices and attitude with regard to risk. It is only after recognizing such factors that you can sit down with our professionals to design your portfolio around your day-to-day financial requirements and long-term goals.

Our personalized approach to investment management guarantees that the investment plan we develop is aimed at attaining your financial objectives. Furthermore, our capability covers a scope of financial areas which allows us to provide a realistic perspective of your potential with regard to long-term investment, tax mitigation and retirement goals.

Eventually, our goal and commitment is to assist every client to live a lifestyle consistent with their present and future preferences.

Independently-Driven to Reach Our Goals

Sparks Corporation has the complete independence to provide wealth management services and investment strategies covering various choices of plans to cover the particular needs of every client we manage.

Our status as an independent company allows us to provide unbiased advice unhindered by the common restriction often imposed upon larger institutions and investment firms. Unlike many firms, as well, we do not sell products or lead our clients to any of our preferred service. On the contrary, we fit solutions to satisfy the needs of every client under the care of our professionals and with the help of our contemporary in-house research experts. Doing so, we assure our clients that we utilize our independence not further any agenda except their best interests.

Strategic Asset Allocation

We stand by the idea that strategic asset allocation is essential in maintaining investment success. As a practice in regard to investor profiles, we regularly evaluate the asset design of every portfolio we manage. With our diligent team of Portfolio Managers, we keep regular communication links to cover any changes in the particulars of clients and of fluctuations within the market. We aim to assure our clients that the balance of assets is optimally managed to satisfy client expectations. We know no other way of satisfying our clients other than providing them positive results constantly.

Preserving the of Accumulated Wealth

Sparks Corporation’s primary goal is to preserve and increase your assets’ worth. Very often, we meet clients who desire to attain key milestones as they journey and develop in life, for instance, keeping a comfortable lifestyle when they retire, providing support for dependents, while assuring that the next generations will benefit from estate planning.

Every client we manage possesses a specific set of short-term and long-term aspirations. Sparks Corporation takes the responsibility to assure our clients of their capability to realize their financial aspirations.

Inheritance Tax Planning

Planning the future is a great challenge for all people. At Sparks Corporation, we realize that wealth takes a whole lifetime to accumulate for many of us while, at the same time, tax obligations grow above and beyond levels of capital-protection levels. This is because the value of property or real estate worldwide has grown, making it difficult for people to keep up with the high inheritance tax impositions even on modest wealth acquired by them. Sparks Corporation has, therefore, come up with several inheritance tax-planning strategies which allow us to match an optimized tax-strategy with the distribution choices of every client.

Trust Incorporation and Management

We have found that the best means of minimizing inheritance tax obligations can be achieved through the incorporation and management of Trust structures. Trust structures are significantly versatile methods which come in various forms depending on distribution conditions.

For instance, a Trust structure provision can assign and distribute financial cover for the education of grandchildren, regular income allocations in addition to existing pension or provide an investment facility allowing the Trust to operate as a firm dedicated to the re-investment of assets.

Tax Efficient Jurisdictions

As a company based strategically in Hong Kong, Sparks Corporation can provide wealth management services and investment solutions to clients with the incorporation and management of Trust structures in many tax-efficient jurisdictions, particularly Singapore and Hong Kong.

Our in-house tax and legal experts stand ready to deliver advice on the benefits of deciding to protect your assets and your proceeding generations through a structure of highly-efficient Trust plans. Everyone aspires for a secure future for oneself and for one’s children. Sparks Corporation works to provide this reassuring service to our clients.

Sparks Corporation believes in maximizing opportunities for growth. Hence, our investment approach is founded on a diversified and disciplined strategy, providing clients with the highest prospects for achieving their aspirations.

Our comprehensive approach to managing our clients’ assets transcends mere asset distribution but also applies a set of effective strategies. Hence, while taking into account the tolerance risk of every client, we adapt the following strategies in our investment approach.

Private Client Services

Sparks Corporation aims to deliver a comprehensive wealth management strategy and efficient investment services, from a team of highly-experienced financial experts with wide exposure in the disciplines of investment management, estate preparation and tax planning.

Wealth Preservation

Sparks Corporation’s primary goal is to preserve and increase your assets’ worth. Very often, we meet clients who desire to attain key milestones as they journey and develop in life, for instance, keeping a comfortable lifestyle when they retire, providing support for dependents, while assuring that the next generations will benefit from estate planning.

Every client we manage possesses a specific set of short-term and long-term aspirations. Sparks Corporation takes the responsibility to assure our clients of their capability to realize their financial aspirations.

Porpolio Review

Sparks Corporation’s non-discretionary portfolio-review services are aimed at producing a comprehensive understanding of your financial situation, investment choices and attitude with regard to risk. It is only after recognizing such factors that you can sit down with our professionals to design your portfolio around your day-to-day financial requirements and long-term goals.

Tailored Solutions

Sparks Corporation believes in satisfying its clients with the kind of service founded on a range of financial strategies that delivers their needs and objectives for the present and in the future. Moreover, we develop solutions that suit their specific circumstances in life and according to the potential they can attain given their assets and the opportunities available in the within their jurisdictions and even beyond. Sparks Corporation knows how to structure these solutions to greatly facilitate the achievement of our clients’ goals.