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.