Perhaps for those of us who are professionally engaged in it, the answer may seem obvious. Especially for those of us who have suffered for decades in our own flesh the miseries and shortcomings of private banking. It is no coincidence that, in addition to being advisors, we were, are and will continue to be essentially investors, and as such, our interests are still, unfortunately, at the antipodes of those of the banks and their misnamed advice. Having said that, let us now analyse the transcendental decisions that every investor should take to advise on the correct management of their assets.
To begin with, the ordinary investor should analyse his or her asset situation and determine whether, in addition to purely financial advice, he or she also needs tax, legal, commercial, corporate or real estate advice. In other words, they may need to put their companies/businesses in order, their real estate investments or divestments, the administration of these properties, inheritance and family matters, their investments in the stock market and in unlisted companies, the generation of the necessary income for their family or projects, optimising the taxation of all of this, etc. (more…)
With central banks and their QE, the debt situation in the developed world has reached a surrealistic level worthy of study. Not only because of the unprecedented size of the balance sheets of the FED, ECB, BoE, BoJ, SNB, etc., but above all because of the manipulation of accounts, which has become a macabre and dangerous norm.
Esta es la última moda en las técnicas de abuso comisionista de la banca, y parece que llegó hace unos meses para quedarse entre los inversores más cándidos. Los fondos perfilados en definitiva son fondos de fondos cuyo criterio de selección es mantener una combinación de aproximadamente media docena de fondos que en su conjunto se adecuen al perfil inversor tipo: Agresivo, moderado, dinámico, conservador, etc. O sea, que en lugar de que el asesor de la entidad bancaria de turno recomiende a sus Clientes tener en cartera 4, 6 u 8 fondos determinados, sustituyendo unos por otros cuando lo considere necesario, le va a proponer comprar sólo uno, el perfilado. Y serán los gestores de éste quienes compran y vendan los que quieran en cada momento, sin que el inversor ni se entere. 