Financial Services

Individual Services
Institutional Services
Individual Retirement Account (IRA) Pension Administration & Consulting
College Savings Plan Accounting & Payroll Services
Investment Management & Brokerage Services Investment Management Services
  Financial Seminars for Employee’s

Individual Retirement Account

Flexible, Affordable, & Portable…everything an Individual Retirement Account should be.

The Leno IRA (Individual Retirement Account) gives clients a structured but flexible framework to comfortably save for their retirement.  Knowing the demands of life; Leno had to design a retirement plan that had the ability to accommodate flexible monthly contributions and plan portability to ensure your plan remains with you regardless of how your career changes.

These features combined with three (3) investment strategies (Conservative, Balanced, and Aggressive) that clients can select from to invest in for their retirement make the Leno Individual Retirement Account invaluable.

Some of the highlights of the Leno Individual Retirement Account are:

  • No enrollment fee
  • Available to anyone. Any adult can open a Leno Individual Retirement Account.
  • The Leno Individual Retirement  Account offers ready-made savings portfolios including:
    • Aggressive Equity Options containing a high percentage of stocks (high risk)
    • Balanced Options containing a mix of stocks and bonds. (moderate risk)
    • Conservative fixed-income Options, (low risk)
  • Change Investment Options. Account Owners can reallocate existing funds from one Investment Option to a different Investment Option annually
  • Flexibility. Account Owners do not have to make “fixed” payments and can invest any amount they desire on a monthly basis
  • Choose your Beneficiary. A Beneficiary can be of any age and any relation to the Account Owner, or have no relationship to the Account Owner.
  • Portability. The Individual Retirement Account is portable and remains with the Account Owner regardless of their place of employment.
  • Affordable contributions. Initial Contribution minimum of $50 with monthly payments being determined by the Account Owner.
  • Administration fee. $50 annually.

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College Savings Plan

Kids are costly in general.  Specifically, the biggest cost associated with children is the cost of providing a college education for them.  Leno makes that daunting task at hand “Easy” for our clients by offsetting the costs of a child’s college education with a structured savings plan from the day they are born to the day they go to college.  Simply select an Investment Strategy (Conservative, Balanced, or Aggressive) with an initial payment of $250 and you can begin saving & investing the monthly amount that is comfortable for you to afford.

Some of the highlights of the Leno College Savings Plan are:

  • No enrollment fee
  • Available to anyone. Any adult can open a Leno College Savings Plan Account.
  • The Leno College Savings Plan offers ready-made college savings portfolios including:
    • Age-based Options based on the age of the Beneficiary,
    • Balanced Options containing a mix of stocks and bonds.,
    • Conservative fixed-income Options,
    • Equity Options.
  • Change Investment Options. Account Owners can reallocate existing funds from one Investment Option to a different Investment Option annually.
  • Use anywhere. Funds can be used at any Eligible Educational Institution.
  • Control the Account. Account Owners retain control over how and when withdrawals occur.
  • Choose your Beneficiary. A Beneficiary can be of any age and any relation to the Account Owner, or have no relationship to the Account Owner.
  • Transfer and refund options available. Account Owners can transfer funds to a different Beneficiary or request a withdrawal at any time.
  • Affordable contributions. Initial Contribution minimum of $250 with monthly payments as low as $100.
  • Administration fee. $50 annually.

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Investment Management and Brokerage Services

Leno Corporate Services Limited is an integrated financial services organization that gives investors a combination of Expertise, Experience, & Proven performance

Our Goal is to provide transparent and collaborative financial solutions that help our clients make timely and informed decisions to determine the best path forward to managing your investments.

We accomplish this goal for our Brokerage Clients by centralizing all of their investment securities under one “umbrella” account to assist in portfolio management, investment performance review and decision making.

The Cost of each Security, Market Price, Current Value, Accrued Interest, Unrealized Gains and yield highlight some of the details provided in our standard quarterly report.

A team of experienced professionals strive to help our clients by:

  • Determining their financial objectives.
  • Developing a plan of action to achieve those goals.
  • Monitoring their financial progress.

Our Strategy for Your Portfolio:

  • We develop an asset allocation policy along with the client, which will reflect current market conditions and complement the primary objective of improving portfolio investment return based on the client’s risk profile.
  • We will assist our clients to obtain the maximum returns from a full spectrum of eligible financial instruments.

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Pension Administration & Consulting

Due to the very special purpose Pension Plans have; we at Leno Corporate Services understand the importance of implementing a plan that addresses the needs of the company and its members with maximum benefits for all involved.  Features of a Pension Plan such as segregated assets, multiple investment strategies, timely reporting translate into benefits for plan members by ensuring their money is safe, control of their investment strategy, and timely information for their investment.

We work one-on-one with employers and human resource managers to identify their employees’ needs and help design a tailored group pension plan which incorporates the individual employee’s needs and risk profile.  By providing extensive pension consulting we ensure that your company is able to provide the kind of retirement your employees deserve.

With Leno, you can be confident that we have the resources and technological platforms that will help you develop a pension plan suited for your company.

We can provide services for both small and large organizations; from as little as two employees to several thousand employees.  No matter what the size, we take a personalized approach to you and your employees.  This relationship approach is what differentiates Leno Corporate Services Limited from our competitors.

Our Strategy:

  • We work one-on-one with employers to identify the employers’ and employees’ needs
  • We help employers design pension or saving plans which incorporates the individual employees’ risk profile.
  • We provide extensive consultation for pension and savings plans to ensure that your company is able to offer the kind of retirement your employees deserve.
  • We provide retirement planning seminars for your employee’s to ensure they have a full understanding of the purpose of a pension plan and how to manage their retirement

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Accounting and Payroll Services

Understanding your company’s financial position and the management of those finances is vital to providing the platform for continued and successful growth.  Also, Identifying areas of business that can be outsourced for greater operations efficiency can prove to be equally important as well. Let Leno bring clarity to your financial picture and your objectives by managing your accounts and ensuring the privacy of your company’s payroll for all employees.

Our Goal is to provide transparent and collaborative financial solutions that help our clients make timely and informed decisions to determine the best path forward for your accounting and payroll services needs.

A team of experienced professionals strive to help our clients by:

  • Determining their financial objectives.
  • Developing a plan of action to achieve those goals.
  • Monitoring their financial progress.

Leno Corporate Services Limited provides:

  • Policies and procedures to streamline and organize your company’s accounting process.
  • Credible and effective Accounting Services for the success and expansion of your company.
  • Confidentiality. We will ensure that the information of your company is kept private.

Accounting Services include:

  • Account Preparation.
  • Preparation of Financial Statements.
  • Business License Preparations
  • Accounts Payable Maintenance
  • Accounts Receivable Maintenance.
  • Reconciliation of Bank Statements.
  • Monthly bank statement reconciliations are a must for accurate preparation of financial statements.

Payroll Services include:

  • Flexible corporate payroll services that improve payroll management for employers of every size.
  • Streamlining your payroll process, improving productivity and simplifying administration functions.
    • National Insurance Filings
    • Other Payroll Deduction

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Financial Seminars

Simply put, Education leads to understanding and understanding leads to appreciation.  Our Leno Team can provide tailored financial seminars or workshops for your staff to increase their understanding of personal finance using a range of financial topics.  These seminars and workshops are offered in varying time formats depending on your company’s training objective.  The seminar/ workshop format ranges from 1Hour seminars, 2 Hour seminars, & ½ day seminars with topics varying from:

  • Financial Planning
  • Retirement Planning
  • Budgeting
  • Bahamian Investment Vehicles Explained

Contact our offices to find out more information on our seminars.
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