As a fiduciary advisor or ‘wealth coach’, we offer independent and efficient assistance for family and institutional assets, with focus on the long term.
Dynamic asset/liability analysis
As wealth coach (or ‘financial adviser’), it is our job to help select external managers and to guide them in order to monitor the risks and returns of the portfolio as a whole and to manage the wealth in relation to the liabilities. The first step is dynamic “asset and liability management”. We take the current assets and liabilities situation as a starting point to determine an investment and risk management strategy in consultation with the client, who always remains at the helm and has the final say.
We set up an effective governance structure to ensure that the client always has the right – and most recent – information and advice. The external investment managers are supervised by us in our role as wealth coach and we ensure tailor-made reporting and monitoring that allows for an objective view and analysis of their performance.
Transparency throughout your wealth
As your financial adviser, we ensure transparency throughout the investment policy, as well as the returns and the costs to ensure that the client has the right tools available. If several custodians are used, this also requires a standardised “translation” of the various reports, including the definition of the financial instruments, the returns and the costs.
Econopolis may also give advice on unlisted instruments, by calling on our Private Investments Team, which has already made various investments in debt and equity in unlisted companies over the last few years (approx. EUR 200 million in the last 10 years).
Closing the governance gap
We belief that a separation between the investment management role and an external wealth coach leads to greater transparency for the client and lower costs in general. This is because clients often only see the tip of the iceberg when it comes to costs. Econopolis’ approach is geared to making competitive and transparent fee arrangements with external investment managers in terms of the actual management fees, subscription fees and transaction charges. We closely track your costs so that the total cost of ownership (and not just the visible “headline” charges) is always lower than market averages.
We have been providing fiduciary consultancy services for families and institutional investors since 2009. Most of our clients prefer to keep their business relationship with us confidential. Econopolis has been providing these services to a large number of clients both at home and abroad for many years.
Right from the start, Econopolis has invested in a multi-disciplinary team of people with an impeccable service record and sound knowledge of macro-economics, asset allocation and security selection. Since Econopolis also undertakes discretionary investment mandates for other clients, it has a day-to-day and practical understanding of how such mandates work, which enables us to better fulfil our role as a financial adviser.
Econopolis has quickly put its stamp on what is a relatively new activity in Belgium, and developed a solid method from which new clients can benefit.
Interested in our wealth coaching services?
Would you like to speak to one of our investment experts, make an appointment or like to work together?