THE CLIENT
COMES FIRST
We wanted to bring a fair and sound investment product to
the CEE market.
What is the story behind Finax?
What led to its founding,
and what is our mission?
Finax is bringing a revolution in investing to the CEE market. We are the first to make intelligent investing accessible to the masses. Our goal is to offer the same conditions and benefits to everyone.
The story of Finax began in April 2017.
The story of Finax began in April 2017 when Juraj Hrbatý and Radoslav Kasík, the founders of the company, met by chance and quickly realized that they shared identical views on the Slovak financial market.
Juro had a successful track record in building a Slovak securities broker, CAPITAL MARKETS, for 10 years and was also involved in the creation of a pan-European online trader. Rado dedicated his professional life to one of the oldest brokers and private investment companies in Slovakia, Across Wealth Management, where he worked for nine years, primarily as a portfolio manager.
The dissatisfaction with the Slovak financial sector brought Juraj and Radoslav together.
"My friends often approached me, asking for advice on savings and whether they should invest," says Rado.
Unfortunately, in most of the cases he could not recommend the instruments he used for himself. These options required high initial investments, advanced financial knowledge, time, and overall insights when making investment decisions.
"The range of investment instruments available to ordinary investors in Slovakia is limited to bank products, outdated mutual funds, or individual accounts offered by securities brokers. All of these solutions generate pitiful returns, have extremely high fees, and, in general, are very outdated," concluded the founders of Finax.
The dissatisfaction with the Slovak financial sector brought Juraj and Radoslav together. They felt that the sector lacked financial products that could provide above-average returns in the long run while prioritizing the client's interests.
The tax aspect of investing is usually overlooked.
The tax aspect of investing is usually completely neglected. Slovaks are unknowingly depriving themselves of large portions of their savings. Juraj and Radoslav decided to change this, and the result is Finax.
Our aim is to change the perception of Slovaks on investing.
We want to introduce intelligent investing into every household. Our goal is to enhance people's financial literacy, teach them a few basic rules on proper investing, how to increase income from savings, how to build financial plans, and how to minimize tax payments when they are not necessary.
We want to change the perception of Slovaks on investing. We want to prove to them that investing is a simple and fruit-bearing process that should become an integral part of their lives.
Many of our acquaintances, even people from the economic environment, perceive the financial world as overly complicated. At Finax, we believe it doesn't have to be that way.
We have chosen a universal investment approach that can work for each of you.
Paradoxically, this approach yields the highest returns in the long run.
Mgr. Juraj Hrbatý, CFA
Founder and CEO
Juraj founded Finax after spending years working in the financial sector. He is a member of the Executive Committee of the Securities Dealers Association. Read his story of why he founded Finax.
Ing. Radoslav Kasík
Founder and Head of Sales Strategy
Rado started his career as a financial agent. He gained most of his experience and insight into the financial markets working as a portfolio manager at Across Private Investments. At Finax, he covers sales strategy, product, and communication.
Fundamental Principles of Finax:
- Simple solutions
- Focus on investment goals
- Rigorous risk assessment
- Wide diversification
- Low fees and taxes
- Passive investment with regular rebalancing
- Limiting investor's intervention in the portfolio and processes
