If you are a wealthy individual or own a family business, you need to identify the best course of action to preserve your extra cash over a long period of time. If you do not put hard currency to good use, it will either erode with time due to the inflation effect or get used up in meeting fruitless expenses. Fortunately, wealth managers like Kodimax devote a considerable amount of their time to not only preserve but also grow your unused wealth over time. Research Analysts and Investment Advisors at Kodimax work day and night to monitor financial markets around the world in order to find suitable opportunities for your investment type. Now the question arises is how do they do it? The answer lies in the years of experience and cutting-edge technologies that have been put to good to use in order to understand different financial markets.
Whether you are a young professional or a senior executive in a large corporation, one of your financial worries would always be about how you would manage your expenses after retirement? Investment Managers at Kodimax suggest that there is no right answer to this question. However, the safe bet for any individual who is worried about their retirement is to start investing their cash as soon as possible. To educate their clients about how important wealth manager is for their future, Kodimax staff usually have a one-to-one meeting with their clients to understand their life-long goals.
What Kodimax Does Differently?
Here is a list of a few things that differentiate Kodimax from many of their competitors in the market:
Client Engagement
Investment managers at this firm spend a considerable amount of time talking to their clients to keep them involved with how their money is being used to generate regular income. In order to keep their clients fully engaged with their investment strategies, Kodimax regularly organizes a short get-together with their clients. While some light refreshments are being served, analysts and portfolio managers sit down with their clients and ask common questions like how they are leading their normal lives, are they feeling any financial burden these days or has there been any new investment opportunity that has crossed their minds? After acquiring feedback from their clients, the Kodimax team relays portfolio performance numbers to their clients and explain how their wealth has been preserved over the last couple of years.
LIVE Investment Model
At Kodimax, the major motivation behind the team is client satisfaction rather than higher management fees. This helps them be upfront with their clients and set real expectations about their money management issues. To ensure that their client’s interest is preserved all the time, portfolio managers at Kodimax follow the LIVE wealth management strategy at their firm. The term LIVE is a short form of Liquidity, Income, Volatility and Expected Returns.
Here is a brief explanation of each of these factors:
Liquidity – One of the first questions that any investor would ask before registering with a wealth advisory service is what is their liquidity timeline. To satisfy their client's short term and long-term needs, Kodimax staff addresses each client as a separate account and defines liquidity terms that satisfy their individual needs.
Income – If you are not able to generate income for your clients on a regular basis, you may force them to withdraw their investment and put it to better use. Therefore, the most effective wealth advisors like Kodimax have a dedicated staff that is monitoring the market round the clock, identifying opportunities and threats and mitigating them as they arrive. The result is a profitable portfolio of assets that generate positive income for clients on a regular basis.
Volatility – Not every investor has the same risk appetite when it comes to wealth management. What this essentially means is that while some investors are looking to make quick gains, others want to invest their money for decades in more stable markets like real-estate. However, it is important to understand that for your wealth to grow over time, you need a certain kind of volatility in the market. Only if the asset prices are fluctuating up and down, then you can buy low, sell high and gain on the margin.
Expected Returns – Until a wealth advisor cannot prove to their clients that they can generate positive returns for them in the near future, nobody would be willing to invest with them. Kodimax staff uses their fund's financial performance in the past and prepare complex future financial models which can show that this asset management vehicle can generate positive returns in the future.
Additional Benefits of signing up with a wealth manager
Some other useful benefits of investing in a wealth management firm include:
Diversification – A financial adviser can help you diversify your cash into different asset classes including gold bullion, real estate, and financial securities. Diversification is one of the best strategies when it comes to protecting your cash during tough economic times. If you have hard currency, its value will be reduced if inflation in your country is on the rise. If you put all your cash into the stock market, you will not able to manage the risk of a market crash. Hence, to protect your financial interest, a wealth manager puts your savings into many different asset classes to hedge your portfolio against a downhill market.
Helping you in meeting your financial goals – When Kodimax staff has their first meeting with you, they want to know what are your non-negotiables and how can they generate maximum value for your buck. In order to do this, wealth advisors keep a close eye on the market and shuffle their investment so that it generates income on a regular basis.
While working with a wealth management firm, investors should have regular meetings with their portfolio managers become an important part of the decision-making process. This not only ensures the best use of your money but also helps the investment manager to define effective strategies for your portfolio.
