One of VBIR’s unique fields of expertise is wealth management and financial counseling for wealthy individuals and families (financial assets, investment in corporations, real estate and other assets).
Our firm’s wealth management services give the client a great deal of added value in the management of his assets, by formulating the management policy for his assets, by supervising and controlling the assets and how they are managed, all while exploiting the know-how accumulated in the firm and the entities with whom we work.
The outstanding advantages of our work vis-à-vis our clients in the field of wealth management and financial counseling are:
- The fact that VBIR is an accounting firm enables us to see the full picture of the client’s assets and his overall needs while providing individual service. VBIR serves as a single address centralizing the handling of the client’s professional requirements, enabling him to obtain personal advice and assistance from the best experts in their field;
- The fact that we are independent accountants serving as trustee for the client and committed to maintaining full confidentiality;
- VBIR’s accumulated experience and know-how in working vis-à-vis prominent financial entities (financial institutions, investment managers) in Israel and abroad;
- Expertise and professionalism in preparing periodic financial and accounting statements and reports tailored to the client’s needs;
- Our professional ability to integrate taxation considerations in the client’s decision-making process and to assist him in his tax planning;
- Our professional ability to prepare the reports required by the various authorities – annual and semi-annual reports to the tax authorities, reports to Bank of Israel and other institutions/entities in accordance with the client’s needs.
Our firm’s work vis-à-vis the financial entities is performed independently and, as the client’s representative, its sole aim is his benefit and needs. Our membership in the GGI international network, the sixth largest in the world, enables excellent access to financial entities, investment managers, investment consultants and tax consultants worldwide.
Services include the following
- Assisting the client to map out his assets, organize the relevant documentation and define the requirements for obtaining reports from investment entities and/or entities in which the client made investments;
- Assisting the client in the process of examining his investment policy. The client, with our help, is required to examine his investment policy, considering his capital, sources of income, age and family status, and his investment purposes, including taking account of the needs of his family and future generations.
- Assisting the client in selecting financial institutions, investment managers and investment consultants in Israel and abroad. In this context we can serve as the client’s liaison vis-à-vis the financial entities in order to obtain reports, discuss the mosty advantageous commission structure, implement changes in investment portfolios, etc.
- Preparing current reports (present state of affairs) showing the client’s financial and other assets, their composition and yield, comparison between investment managers, profits and losses in the investment portfolios and other components as required by the client;
- Preparing reports required by various authorities – Income Tax, Bank of Israel and other institutions.