Finax Blog

Information which helps you to invest properly.

An Auditor Verified Client Assets This Year Again

At Finax, we are committed to maximum transparency with our clients, keeping our promise this year as well. You can verify that we really do hold the assets we manage for clients.

Dominika Brtková | News | 28. June 2022

This year again, we reached out to our auditor BDO to verify the value of assets under management for Finax's clients.

Since our clients are the owners of the assets under management, client wealth is strictly segregated from assets belonging to Finax and held in separate accounts labeled as client ones, following legal requirements.

View the auditor's report

As of December 31, 2021, our auditor BDO, the world's 5th largest audit firm, confirmed the value of our client assets. We are pleased to be one of the few firms that go above and beyond the law when providing clients with information.

The volume of assets under management at the end of 2021 is EUR 284,897,844, aligning with the amount we reported in our latest blog on Finax results.

As the proverb goes, 'trust but verify.' We at Finax are happy to give you that option.

Rate article:
An Auditor Verified Client Assets This Year Again
Rating: 5 3
Dominika Brtková
Dominika Brtková
Marketing Specialist
Keywords
No keywords found
Share article
| |

Most read articles

2. July 2020

Want to know more? Meet us online or attend our webinars!

Why should you invest? What are the advantages of investing with Finax? Are you looking for a help with investing or planning your finances? Do you want to learn how to invest properly? Meet us online or attend our free webinars to learn more.

Read more
Book review: Rich dad, poor dad | Finax.EN
25. November 2020

Book review: Rich dad, poor dad

This book made me look at money from a different perspective than I had known before. Everyone who is interested in managing their personal finances in a better way should read this book. It should be a part of your path to financial literacy.

Read more
How do we choose our ETFs in Finax?
21. August 2018

How do we choose our ETFs?

You have probably already noticed that Finax portfolios are mixed from ten ETF funds depending on the level of risk the client is willing and able to carry/to handle. But how did we choose specific securities and why is the composition of the portfolios such as you see in your accounts?

Read more
Are ETFs a bubble? | Finax.EN
27. November 2019

Are ETFs a bubble?

Recently, there have been reports going around in the media criticizing passive investing and warning of ETFs. Among the authors of these negative news can be found not only legendary investors, but also Slovak brokers. Do investments in ETFs really carry a higher risk? Finax has built the portfolios on these great tools, so we see it as our duty to clarify this matter.

Read more
We are happy to advise you!
Schedule a call
phone-icon