An accurate overview of the managed assets
Family wealth must be rigorously monitored.
Financial reporting is a tool used to monitor and manage the client’s investments. The report is comprised first of all of a summary of the different accounts, to provide an overview of the structure.
This overview is accompanied by information on flows that might affect the value, such as deposits/withdrawals and revenue/costs.
Adapted statutory obligations
The risk profile questionnaire that the client fills in at the beginning concerns all of the accounts held, so that the agents/managers/banks can more precisely be assigned specific risk profiles that do not affect the overall risk knowingly born by the client. An investor can thus have a balanced risk profile even when one manager is assigned a dynamic profile and another a cautious profile; without this, the investor can only assign a single risk profile that applies to all accounts.
In addition, Holding Fortune also maintains a legal, economic and fiscal watch in order to ensure that the family’s situation takes all opportunities and threats into account. At the least, these topics are jointly discussed when establishing the schedule for tax declarations.
Relevant frequency
HOLDING FORTUNE regularly provides a financial report. Part of it concerns priority information, as determined by the client. This includes the valuations of each Contract at the end of each quarter, deposits and withdrawals, return on investment and risk (measured by the managers) for each of the accounts, and the overall risk for the portfolio.
The financial report also includes remarks taken from reports produced by each of the companies.
