Focus does not belong to any financial institution and, therefore, has relationships with various institutions. This allows us to offer the best investment jurisdiction to different customer profiles. Independent Consulting: By being 100% independent (not having to represent any ‘brand’ bank), we endeavor to avoid conflicts of interest between the advisor and the client, something which does happen often through a direct relationship between banks and customers.
As an Independent Adviser Firm, we may manage client portfolios at various banks in several countries at the same time. We gain access to various bank reports and analysis simultaneously.
Access to multiple banks as operating platform: You choose the bank you want to keep your assets.
We do not have sales-targets related to bank products. All decisions are unbiased and aimed at what we consider to be best for the client. Fairness in Financial Advisory means freedom of opinion and ability to offer customers products that stand out in the market, independent from the interests of banks. Reducing the problem of ‘Product-Pushing’ (where the bank ‘pushes’ products onto their customers).
We offer transparency with bank fees. (Details that some financial institutions do not generate and might have internal restrictions preventing them from providing this kind of information to clients.)
There is no pressure to achieve sales-goals and/or revenue that banks put on their officers. We work exclusively for our client’s interest, and not the bank’s interest. Our FOCUS is on the client.
As consultants, we work for the client, representing him/her in front of the banks. This allows us to reduce today’s growing friction which exists between direct relationships of customers and their Banks.
Long term Relationship: Avoid the problem of having to talk to new managers due to the high turnover of managers in banks.
Independent RIAs have a fiduciary duty to their clients which means they:
• Negotiate bank fees and costs for the client
• Advisors work for the client, not for the banks/broker-dealers
• Search for the most suitable custodian bank and jurisdiction to fit the specific client’s goals
• Offer unbiased and independent advisory
• Offer Transparency
• Offer focus on the client’s goals instead of on the bank’s goals
• Offer access to many different bank’s platform, research and different countries for custody