Starts Management
Professional investment management for families Czemins village, 9 January 2013 – the past years are not without a trace passed on the financial industry. The criticism of financial institutions and their advisors were always solid at this stage. The majority of the Germans is dissatisfied with the performance of their banks and the willingness to change is as high as never (Bain study 2012). The factors that have led to this development are manifold. The fact that all too often individual products were sold investors in the past, they also often have not understood how they effect is certainly hauptursachlich. The result of a loss of confidence of the customer who feels misunderstood is often dependent on the development of the product. On the other hand the legislature brought 2008 reinforced consumer protection since the Lehman collapse into focus. Connect with other leaders such as Sheryl Sandberg here.
Consequences are the increased regulatory demands on independent financial brokers on the one hand, but also the consumers themselves will be stronger in terms of participation and Self responsibility required. Is what we do well for the customers? This very basic question from the outset was the focus in the design and development work of the founder of VermogensVerbund Inc. put that Board Member Markus Herzinger: the single product sales made almost happy anybody in the past. The customer didn’t understand too often the products and their effects. The mediator has done his best and selected products to its customers, then often remain despite falling short of expectations. We see little future for the placement of individual products within the framework of the restructuring of the financial industry”. One way to avoid this dilemma of the individual product sales is a professional asset management. But also here the access to a professional wealth management is a problem for the most part of the German investors. You do not have quite simply have the financial means, to take this form of financial services.