Entrusting the management of your assets to a specialist not only allows you to benefit from a proven and responsible investment strategy, but it also frees you from having to manage your portfolio on a daily basis. You can make your plans with confidence and peace of mind.

Danielle Goedert, Head of Private Banking for the Luxembourg market at Banque de Luxembourg, explains.

How have clients’ attitudes to wealth management changed?

In recent years, we have noticed that clients want something more than traditional asset management. Their requirements have become more complex and often have an international dimension. Clients want their banker to take a holistic approach to the management of their assets that is tailored to their own plans and those of their family. They want advice on asset management, financial and property investments, retirement and succession planning.

Does your holistic approach to asset management also include support for the next generation?

At the family's request, we can help the next generation prepare and learn more about the impacts of succession, and to see the opportunities and understand the responsibilities. We offer support to young people to help them appreciate the value of money, reputation and good practice in financial management. This helps them to prepare calmly for that stage of life with peace of mind and make decisions that are really in line with their aspirations.

What steps do you take to ensure effective wealth management?

It is essential to clearly define the needs of each of our clients – to listen to their story. What are their objectives and investment horizon? What are their short-term and medium-term goals? How sensitive are they to market fluctuations and what is their risk tolerance? Do they want to manage their savings themselves or would they prefer to entrust the management of their assets to us?

What are the best solutions for the current climate?

The world has become increasingly complex: financial instability, a proliferation of regulatory changes etc. Managing your assets is a daily task. Our business is to protect and enhance the value of our clients’ assets for the long term. They put their trust in us, in the knowledge that their assets are in the hands of an expert. Like us, our clients are pragmatic and look for reliable, sustainable and transparent solutions.

In this ever-changing environment, we have seen growing interest in our portfolio management mandates whereby our clients entrust the management of their assets to us. For many of our clients, this is the simplest way to access our expertise and benefit from active and diversified management. Devoting time to our clients is essential, and saving them time, providing simple solutions and helping them to carry out their plans with complete confidence are just as important.

Read more about the benefits of entrusting us with the management of your assets