Between retirement plans, financial investments and the possibilities of tax exemption, asset management requires real know-how. This is where the wealth management firm comes in, putting you in touch with an expert advisor who will assess your current assets to offer you more profitable solutions adapted to your life projects. According to statistics from the National Chamber of Wealth Management Advisors (CNCGP), there are some 3,500 independent CGP firms to facilitate the management of financial assets amounting to a few million euros.
According to figures from the French Insurance Federation (FFA), life insurance contracts registered in March 2020 amounted to 23.2 billion euros, of which 36% of contributions concerned unit-linked supports ( 8.4 billion euros). This confirms the fact that life insurance is one of the most preferred investments by investors. The intervention of a wealth management firm (or GCP) is more than desirable to benefit from the help of a professional who will sort out the most profitable solutions before offering you the one adapted to your expectations.
When you work with a wealth management firm, you connect with an expert advisor who is responsible for earning your trust in order to provide you with personalized solutions. Thus, he will start with an audit of your assets before advising you and assisting you in the steps to be taken, whether on the legal, fiscal or financial level.
And even if you have a solid foundation in real estate investment, the opinions of an expert are always welcome to help you do an in-depth analysis of the market before embarking on a particular project. As you will have understood, the relationship with the wealth management advisor is based on trust and proximity, thus guaranteeing you profitable and sustainable investments.
Among the interventions provided by the wealth management advisor, you have, among other things, the stages of the succession, the solutions for enhancing the value of the heritage, the improvement of the financial return, the reorganization of the heritage in order to benefit from tax reductions, the preparation for retirement, the choice of the matrimonial regime adapted to the spouses, the solutions for the protection of the spouse and children in the event of the death of the investor, etc.
As soon as you open a traditional bank account, you are assigned to an advisor or an account manager responsible for answering your questions and keeping you informed of the advantages offered by the establishment. This system is also established by the CGP, the firm which provides you with an investment expert who will guide you in your choice of investments and investments that will be used to expand your assets. The main advantages of this intervention consist in having access to more interesting solutions such as life insurance and other financial supports whose profitability will have been studied beforehand.
What’s more, the CGP works in close collaboration with reliable financial partners acclaimed for the diversity of their investment solution offers, so that you can find the right investment according to your current situation and your life plans. More importantly, the diagnoses provided by wealth management firms are often free, especially since you will then be informed about payment methods from the very first interview with your advisor before opting for a personalized wealth strategy. .