How we work and our fees
Every client has different wishes. Accordingly, all our agreements are tailor made. NMW informs the client in detail about the type of work it does, the degree of our involvement and the frequency of updates. The client can opt for a number of fee structures, like a per diem fee, a fixed fee, or a quarterly retainer fee. Chemistry between advisor and client is essential, so NMW waives its fee for an initial period, if parties cannot work together in a satisfactory way.
Once a relationship is established, a retainer arrangement may be an ideal solution as this enables a strong long-term bond between the client and his dedicated advisor, who becomes part of his client’s business. The client can call on the experience of his trusted advisor, at any time, which permits him to have access to immediate support and advice at a very reasonable cost. NMW can also carry out a specific project, at a daily rate, or for a flat fee. Brief telephone calls are part of our service and are not being charged.
NMW’s goal is that clients save money and that they have more time or can relax instead of worrying.
Is NMW right for you?
Anyone can be a NMW client, because our charges are modest. Our clients, however, are merely executives of multinational companies (often family-owned). Most of the time they do not have an in-house legal counsel and are rarely trained nor do they have in interest in tax of legal matters and are therefore confronted every day with a wide variety of tax or legal matters. In an ideal world, these issues would only take up a small part of their daily work. In practice, however, they spend too much time on these matters.
Many executives and heads of families discover legal and tax hurdles early enough, but they find it difficult to deal with them, to oversee, to coordinate tax and/or legal work, to identify and to instruct the best possible advisors. An external adviser anticipates and prevents issues to deteriorate to significant problems. Identifying a problem too late can have serious consequences which cause unnecessary worries and sleepless nights. Also these worries prevent executives from doing the work they are good at and that they enjoy. Hiring a full-time advisor may be the preferred solution, but is often too complicated and too expensive.
No More Worries relieves you of your tax and legal problems!