Planning for your Retirement? Erwin Lasshofer Gives Tips on How to Make Long-Term Investments

It is never too early to plan for your retirement. Ideally, as soon as you started having an income, you should have jumpstarted your retirement plan.

However, if you have been working for more than ten years and still haven’t saved enough to make long-term investments, don’t shoot yourself in the feet just yet.  You still have time to secure your financial future.

“Those who are in their 30s and 40s can still benefit from making smart long-term investments. They just have to be very clear-cut when identifying investment goals and be very thorough when developing investment strategies.  Financial security  is what’s at stake so immediate action is required. There’s no benefit to putting the future on hold,” says Erwin Lasshofer, founder of Innovatis, a Europe-based network of financial consulting and asset management firms.

According to Erwin Lasshofer, those who are planning on securing their financial futures through long-term investments should seek the advice of a professional investment advisor or asset manager. “Growing your wealth and maximizing your investments over time can be overwhelming so save yourself from all the trouble and tap on the expertise of a qualified professional,” he adds.

Furthermore, Erwin Lassohofer advises that when making long-term investments, the focus should be on long-term, overall returns. A sound investment strategy should take into account applicable fees, taxes and inflation rates when calculating real investment returns.

Additionally, Erwin Lasshofer reminds investors to avoid the bandwagon effect when investing. Wise investors stay away from investment ideas that are purely based on speculation rather than objective and comprehensive research. “Chasing the crowd or the big boys won’t do you any good. They have different goals, needs and preferences. And of course, their pockets may be ten times deeper than yours,” adds Lasshofer.

When asked if it is okay to make long-term investments in volatile markets, Erwin Lasshofer’s response is simple: “You are expected to take reasonable risks when investing but do not invest your whole portfolio in one investment. Investment diversification is key to reducing risks. “

For those who are planning to rely on long-term investments for their retirement income, he suggests investing in structured financial products that offer consistent, decent returns. “We want to help long-term investors like retirees and pre-retirees create a more sustainable future for themselves. This is the reason why we offer them our core financial products. These products involve minimal risks and above-average investment yields.” shares Erwin Lasshofer.

Erwin Lasshofer is the Founder of Innovatis (Suisse) AG and CEO of Innovatis GmbH Austria. An expert in the financial services sector, the Ausrian-born Lasshofer has years of long-term experience in corporate and investment banking.

 

Erwin Lasshofer : Facing Challenges at Innovatis

Erwin Lasshofer is at the helm of Innovatis, a hugely successful network of investment and asset management firms.  A veteran in the financial services sector, Erwin Lasshofer established his first company when he was just 24, and grew it into becoming one of the most sought-after consulting firms in the business world.

However, getting ahead of the competition isn’t without challenges. A global firm like Innovatis is faced with challenges concerning financial markets, bringing in new business and employees.

“A globally-competitive investment firm like Innovatis faces challenges regularly. We are in the business of dealing with the unexpected so we have the resources to address these issues. We have a team of experts and have the support of a broad network of domestic and international partners so to say that we are capable of facing challenges is an understatement.  And because we have a solid reputation, we have our clients’ trust and confidence.  Long-time clients refer a stream of new clients and qualified investors,” says Erwin Lasshofer.

The financial industry is fact-paced and dynamic. To deal with ever-changing financial market trends, Erwin Lasshofer assembled a team of investment experts with specialized knowledge in key areas of corporate and investment banking. The financial experts who make it to the Innovatis investment team are selected from a pool of very talented professionals.  Earning a spot to this elite team means one is equipped with long-term experience and specialized skills in strategic development and structuring of financial products.

Another major challenge faced by many asset management firms is staff retention. Investment firms compete for the best and brightest talents so if a high level of employee satisfaction is not achieved, turnover is very difficult to control.  Often, asset or investment managers jump ship to join the competition.  This is disastrous for asset management firms because personalized portfolio management requires a deep, long-term relationship between clients and asset managers. 

“Our investment team is our best asset. We have the most promising talents in the industry so it is a given that we put in a lot of effort, time and resources to nurture these talents. When it comes to employee satisfaction, compensation is just a single factor among a host of factors we consider.  We also look into professional growth and the promotion of a healthy work environment.  We treat our asset managers like we would treat our investors. Our approach to business has always been holistic so we consider ourselves to be integral units of a whole.  We look out for one another,” adds Erwin Lasshofer.

The Many Benefits of INNOVATIS Managed Accounts

Planning your financial future is key to attaining financial success.  And one important task to accomplish during financial planning is the formulation of a financial goal.

Some people’s financial goals are centered on early retirement, perhaps in their mid-50s.  To do this, they work on growing their wealth through investments.  But will their investments produce high returns?

Many investors prefer to make investments through managed accounts.  In a managed account, an asset manager actively manages a client’s personalized portfolio.  He then takes a disciplined approach to making investments for the client, taking into consideration the client’s financial goals, risk tolerance, and other specific requirements. 

Managed accounts are favored among investors because having an investment professional manage their portfolio eliminates the need to make frequent financial decisions.

Investment firms often require a significant minimum investment and charge a management fee according to asset size.  It is cost-effective considering it is tax deductible and you don’t have to worry about having to pay for a long list of fees. 

Asset management firms like Erwin Lasshofer’s INNOVATIS (Suisse) AG have the advantage of having years of experience in actively managing clients’ portfolios. At INNOVATIS, qualified investors have full access to a team of senior asset managers experienced in designing personalized portfolios and the identification of high-yield financial instruments and market opportunities. Asset managers also communicate with clients regularly to provide timely investment reports.

When managing clients’ portfolios, INNOVATIS emphasizes that they only function as authorized account managers and that clients retain full control and access to the managed accounts.  The INNOVATIS asset management team assures flexibility, transparency, and high level of capital protection in all their managed accounts.

While it may not be for everyone, it is evident that the rising popularity of management accounts is largely due to the promise of convenience and high returns.  As one very wealthy investor said, “If you have millions sitting idly in the bank, do yourself a favor and hire an asset manager.  Don’t sweat the small stuff.  If your find the right person, he will grow your wealth for you. “

Erwin Lasshofer, an expert in the financial services industry and founder of INNOVATIS (Suisse) AG, actively supervises the INNOVATIS asset management team.  The investment team specializes in the management of individualized portfolios and the structuring of financial products.  Selected from a pool of finance experts, each individual member of the investment team has specialized knowledge on corporate and investment banking and is committed to providing a high level of service to clients.