TRANSPARENT AND INDEPENDENT
Transparency pays off!
Over 70% of wealth management companies deliver unsatisfactory results and are too expensive. The ZWEI Wealth Office gives you transparency of services, offers and costs. It handles all your wealth issues independently and enables you to make informed decisions and achieve much better results with less effort.
More and more wealthy private individuals and institutional investors are switching to their own wealth office. The number of wealth offices has grown by more than 25% per year in the last five years. And there are good reasons for this. A comparison of results with and without a wealth office shows a clear picture:
- Client satisfaction rose from 3.4 to 4.8
- Returns improved on average by 2.5 percentage points per year
-The total costs ofwealth management fell by an average of 34% per year
-Forassets of CHF 1 million, this means an improvement of over CHF 300,000 over 10 years
The figures illustrate two aspects. Firstly, most clients today pay too much for inadequate services. Secondly, the good asset managers work much better and are not more expensive. In asset management, too, it is the clients who benefit from transparency and competition. And that's a good thing!
Example 1
The bank client
Jane Smith received a large inheritance many years ago. She had it managed by a cantonal bank. Four years ago, she redesigned her wealth management with her own wealth office:
- Mandates that better meet her needs for distribution and growth
- Her mandate at the cantonal bank achieved returns that were 1-2 percentage points behind the benchmark every year. Both new mandates achieved a return in the first three years that was on average 1.2 percentage points above the market average
- Total costs fell by 56% per year
- She now spends significantly less time on asset management
Example 2
The entrepreneur
Peter Mill was a successful entrepreneur. After selling his company, he had part of his assets managed by a major bank and managed the rest himself. He reorganized his own asset management with his Wealth Office:
- 4 new wealth management mandates were awarded, which are managed in a way that he could not do himself
- In the first 18 months, the mandates exceeded the desired distribution yield of 4% p.a. and all achieved returns above the market average
- The terms for the self-managed portfolio were renegotiated as part of the tender process
- The total costs fell by 64% p.a.
- He receives the latest updates from the banks and managers three times a year with his own investment committee
Example 3
The charitable foundation
The Good Foundation invests the foundation's assets in a value-preserving manner. To this end, the foundation maintained two banking relationships with a corresponding mandate for asset management. Five years ago, the Board of Trustees decided to set up its own wealth office:
- One of the existing banks successfully adapted the mandate and conditions
- A new bank was selected for the additional management of the growth portfolio.
- For the first time, the Foundation's portfolios are achieving returns that can be compared with the best.
- Total costs fell by 38%.
- The Board of Trustees is now much better informed and fully meets its fiduciary obligations in the quarterly investment committee