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.
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.
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.