CAPITAL EVOLUTION OVER 15 YEARS
Traditional wealth management is outdated and no longer benefits the client. Between commissions, taxes, and inefficiency, traditional wealth management firms get rich while you lose. In reality, you think you're winning against the system because you're led to believe that tax breaks increase your wealth, when in fact, your growth is either negative or almost imperceptible. This tends to create an unhealthy portfolio that keeps you in debt and non-liquid.In France, for example, terms like LMNP, Pinel, Malraux, or Censi-Bouvard are traps, and each country has its own versions of these kinds of tools that only serve to enrich the government, banks, and commission-based wealth managers.
— Damien Soitout, CEO
AVERAGE ANNUAL EARNINGS (€)
By remaining extremely cautious and taking the French market as an example, one can easily see the complete inefficiency of investments made by traditional wealth management firms. Investing €100,000 in France, as is currently done and as has always been the case, will cause you to lose more money and liquidity than by diversifying your investments abroad, using the same sectors and types of instruments.In a globalized and interconnected world like the one we live in today, there is no excuse for not using all the tools at your disposal and diversifying your assets and liquidity.
— Damien Soitout, CEO
THE REALITY TO CONSIDER
Wealth management needs to evolve, and Vellum is a pioneer in this area.