Reduce Risk, Improve Returns, Minimise Fees
Wealth management in Poland has come a long way in the last 20 years. However, by international standards it still has some progress to make.
As a Warsaw based financial adviser we are members of a larger cross-border network. This allows us to incorporate best practices from other financial centres into our business here.
Our investment portfolios are carefully designed to help investors reduce risk, improve returns, and minimise fees.
There are four key principles we follow when managing your wealth:
1) Know your objectives and values
Someone who is 35 with a young family likely has different objectives than someone who is 62 and planning to retire and therefore, different strategies are required.
Furthermore, there is no point generating returns if your portfolio is not aligned with your values and you are losing sleep at night.
First, we want to know what is important to you THEN we select the portfolio.
2) Minimise Investment Costs
The cost of your investments is one of the most accurate predictors of future returns.
That means investments with low costs are likely to give better returns compared to those with high costs.
Therefore, we select investment portfolios that use index funds with ultra-low costs.
This enhances the probability of your investment plan succeeding and minimises unnecessary friction.
3) Hold Tax-Efficient Investments
Warren Buffet has stated that his preferred holding period is forever. We concur with this sentiment.
Each time an investment is bought or sold, expenses are incurred, including not just visible costs like brokerage fees and taxes but also hidden costs such as bid-offer spreads.
These expenses negatively impact your investment returns.
Although maintaining an investment for eternity is not feasible in practice, we can at least safeguard your returns and reduce taxes by choosing portfolios that minimise trading activity.
4) Own the Right Asset-Classes
Not all investments are created equal. Just because you can invest your money into something (e.g. gold or bitcoin), does not mean you should.
As a rule, we only invest in asset classes that:
- Have been shown to provide superior risk-adjusted returns over time.
- Work well when invested together in a diversified portfolio (e.g. they have a low or negative correlation to each other).
Global Perspective
+ Local Knowledge
Real People with Real Results
From our first meeting in November 2013, Ross struck me as a great listener and observer, as well as a professional financial adviser who asks the right questions in order to mutually define financial targets and investment plans. He is both very knowledgeable on the technical side of financial investments and has great inter-personal skills. Each meeting consists in a pleasant and relevant interaction that is well followed up on and brings value to my family’s financial situation.
I have known Ross for over 10 years now when I still worked in Warsaw. Since I have moved via Prague to Brussels – but have not changed my financial advisor. Why should I? Ross is highly competent, reliable, has a good understanding of an expat’s needs and always comes up with good solutions. Not selling a product at any price, but trying to understand his customer’s needs, providing supporting analyses before coming to a conclusion.
Highly recommended.
In looking for a financial advisor, key to me was to be able to feel that the person the other side of the table was trustworthy and would place my interests at the centre of advice. Ross gave me this feeling the first time we met and the cooperation since then has shown that it is really the case, with excellent support provided throughout the process he has been engaged in.
