Introduction to MIO Flashcards
Can you tell me more about the McKinsey Partner Family Office?
Two folds: Expanding MIO capabilities + relationship with Ayco/Citi
1) MIO: enhanced digital experience + investment products (MVF, ESG impact fund)
2) Ayco: comprehensive financial planning including tax filing at a yearly fee
3) Citi: mainly investment management and mortgage lending; also offers trust/estate planning, cash flow planning services. No yearly fee.
How should I compare JPM financial advisor and MIO? Should I choose one over the other?
What happens to my MIO relationship once I leave the Firm?
If you have existing investment with MIO, you may keep them even after leaving the Firm. MIO investment offerings are generally open to alumni investors, although from time to time MIO could restrict them as they are mindful of the fund’s growth corridor.
From an advisory perspective, you could certainly reach out to us to discuss MIO investment offerings, but we generally don’t provide the full balance sheet review for alumni Partners.
I have some single name stocks that lost a lot of value. I know we are not allowed to trade any single stocks. Is there anything I can do about them?
Per the Firm’s Personal Trading Policy, Partners can sell their individual securities before March 1, 2023 if they are pre-cleared through the Firm’s compliance system. After March 1, Partners cannot trading any individual securities.
