Competence Center Professional Wealth for Private Banking

Transcription

1 Competence Center Professional Wealth for Private Banking Dedicated Partner for Leading Professionals Deloitte Finance Forum th May 2018

2 1 Our World Your wealth Degroof Petercam

3 1. Our World

4 Historical context of low interest rates ( ) short-term interest rate long-term interest rate Source : Shiller 4

5 Historical interest rates (Belgium & Germany) since Belgium België Germany Duitsland Source: Bank Degroof Petercam 5

6 350 Increase in worldwide political uncertainties d Golf War Lehman Euro crisis Trump 9/ Source : Bank Degroof Petercam, Policy Uncertainty 6

7 Increase in worldwide political uncertainties 7

8 Emerging uncertainties affect politics Ageing Digitalisation Globalisation 8

9 The impact of inflation on our assets Today Equivalent in purchasing power 15 years later -26% 2% INFLATION % 2,5% INFLATION Inflation destroys wealth 9

10 Value (logarithmic scale; dec. 1927=100) 3.2 Evolution of ( in USD) Long-term bonds Equities Nominal returns annualized for the period (Including inflation) Cash: 3.4% Long-term bonds: 5.7% Equities: 9.6% 10

11 2. Your wealth

12 Build and protect your wealth : different stages of life Assets 40 y y y. Age Professional assets Private and professional assets Private assets Activate your savings I need to develop my wealth Optimize your balance sheet How much do I need when I retire Financial planning / estate planning income Less professional income, more time and money to enjoy life

13 Age of 40 Age of 50 Determine your start-up capital today Prepare your retirement Age of 60 Protect your family & wealth

14 A wealth strategy is necessary -> First step : an audit drawing up an inventory of your situation -> Second step : determination of your objectives and how to reach them

15 Collecting information on your personal and family situation and drawing up an inventory of your assets Balance sheet Assets Investments Real estate Art Group insurance Business assets Savings capacity Liabilities Loan(s) Commitments Cash flow Income Salary Pension plan Investment income Real estate income Expenditure Current consumption Household Pastimes Holidays Real estate Private equity Donations

16 Life stages Dynamic process : Continuous follow-up

17 1. Activate your savings Support for starting and building your financial wealth

18 At the age of 40 Thinking about my savings (example) if I invest at 40, the capital at 60 will be (1) if I add /month during the same period, my capital will amount to if I add an extra 500 /month during the same period, from the age of 50, my capital will amount to (1) investment profile balanced : return 3,56%/year Developing & projecting your financial status

19 2. Optimize balance sheet First reflection on the future Need for asset structuring according to your short term & long term goals

20 At the age of 50 Thinking about my future is my savings strategy on-line with my expectations? am I doing what is necessary to have a confortable?? And asking myself new questions what happens when my partner passes away? are there any optimizations possible? A follow-up of your family & financial status

21 3. Financial comfort for the future Mapping the results of your professional carreer Your vision of your future

22 At 60 years Financial structuring / estate planning Review my fortune Structuring additional income Protect my partner Transfer to my children 1 Family be prepared & Peace of mind 2 Wealth

23 Expertise in planning Estate and Financial planning answers and solutions? unorganized What if tomorrow I would not longer be able to make decisions on my own? Who are my heirs? What are the tax consequences of an succession? Expertise Financial planning Estate planning

24 3. Degroof Petercam

25 140 years Experience and solid results 7.7 billion euro Size balance sheet ca 1,350 Professionals 9 countries International presence ca 52.3 billion euro Assets under Management 17.1 % Capital ratio (CET1) * 31 December 2016

26 Strong market share Over 50 billion euro of AUM Assets under management* (in billion euro ) AUM at 52.3 billion euro and up both through market effect and net inflow from third party fund distribution Private investor 9.1 Insitutional investors 5.9 Third-party holders of UCI 2.2 Third-party management Total AUM Reflection of strong performance and high level of expertise * net figures, no double counting

27 Empowering clients to realize their ambitions Client focus is our DNA Any client who has the ambition to move ahead, today and tomorrow: + Private investors and families Corporates Family business owners Institutional investors Financial service companies And others

28 Strong values Degroof Petercam empowers clients to achieve their ambitions, today and tomorrow

29 Our services Asset Management Investment Banking Private Banking Institutional Asset Management Corporate Finance Financial Markets Credits Assets under management (2015): 36 billion Assets in open custody (2015): 70 billion Management of 9 billion institutional portfolios Management of 30 billion investment funds (2015) Leading position in M&A advisory and capital markets in Belgium and France More than 110 assignments in 2015 with 4.7 billion transaction volume in capital market advisory In-house team of 13 sell-side equity research analysts Broker on 21 markets LMBO/LMBI facilities Structured club deals in partnership with sector specialists 29

30 Private Banking Expertise for specific needs Our expertise Macroeconomics Investment strategy Investment instruments Estate planning Wealth management and family office services Real estate Credits Private equity International Estate Planning Services Art advisory service A broad range of expertise and services for our clients wealth Management types Discretionary management Investment advice Social commitment Philanthropy Impact investi ng Socially responsible investment Family Business Owners Support for family business owners Ownership structure Governance Executive service: Professional wealth

31 Degroof Petercam The right partner It s not the size of our company that makes us great, but our values and the proximity of our experts. Excellence We favor pragmatic and efficient answers to specific client issues over standard solutions. The right scale Clientcentric Family Business Owners, SME s and Midcaps are offered a local alternative for universal actors and benefit from multidisciplinary services

32 We invest in you Competence Center : a committed team of experts One contact Managers Competence Center Private Banker Expertise and experience in risk management Local network Knokke Antwerpen Experts Kortrijk Gent Brussels Leuven Hasselt Liège Local and international law & taxation Compliance issues Management of stockoptions Charleroi Wavre Namur Personalised service

33 AWARDS & RECOGNITION * Best average score within a representative peer group of international asset managers for our equity and fixed income expertise over 5 years 33 March 2018

34 Communication

35 Reports

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37 You are looking for Vertrouwen Expertise Trust Accessibility

38 Sandra Francken Head of Leuven Office Professional Wealth Bertrand Marot Head of Professional Wealth & International Thank you