BTL Wealth Management

BTLedger - Blockless, Decentralized, Scalable, Lightweight and Feeless Distributed Ledger

We are not the first bank beyond money, but we are the first BANK TOWARD LIBERTY and the first Blockchain Mobile Bank Beyond Money! Beside the classic Real Estate Asset integrated with Blockchain, our main Asset for you is “Wealth Management Beyond Money”.

Wealth Management History

According to Wikipedia, private wealth management is delivered to high-net-worth investors. Generally this includes advice on the use of various estate planning vehicles, business-succession or stock-option planning, and the occasional use of hedging derivatives for large blocks of stock.

Traditionally, the wealthiest retail clients of investment firms demanded a greater level of service, product offering and sales personnel than that received by average clients. With an increase in the number of affluent investors, there has been an increasing demand for sophisticated financial solutions and expertise throughout the world.

The term “wealth management” occurs at least as early as 1933. It came into more general use in the elite retail (or “Private Client”) divisions of firms such as Goldman Sachs or Morgan Stanley (before the Dean Witter Reynolds merger of 1997), to distinguish those divisions’ services from mass-market offerings. Family offices that had formerly served just one family opened their doors to other families, and the term Multi-family office was coined.

Certain larger firms (UBS, Morgan Stanley and Merrill Lynch) have “tiered” their platforms – with separate branch systems and advisor-training programs, distinguishing “Private Wealth Management” from “Wealth Management”, with the latter term denoting the same type of services but with a lower degree of customization and delivered to mass affluent clients.

In the late 1980s, private banks and brokerage firms began to offer seminars and client events designed to showcase the expertise and capabilities of the sponsoring firm. Within a few years a new business model emerged – Family Office Exchange in 1990, the Institute for Private Investors in 1991, and CCC Alliance in 1995. These companies aimed to offer an online community as well as a network of peers for ultra high-net-worth individuals and their families. These entities have grown since the 1990s, with total IT spending (for example) by the global wealth management industry predicted to reach $35bn by 2016, including heavy investment in digital channels.

Wealth management can be provided by large corporate entities, independent financial advisers or multi-licensed portfolio managers who design services to focus on high-net-worth clients. Large banks and large brokerage houses create segmentation marketing-strategies to sell both proprietary and non-proprietary products and services to investors designated as potential high-net-worth clients. Independent wealth-managers use their experience in estate planning, risk management, and their affiliations with tax and legal specialists, to manage the diverse holdings of high-net-worth clients. Banks and brokerage firms use advisory talent-pools to aggregate these same services.

The Great Recession of the late 2000s caused investors to address concerns within their portfolios. For this reason wealth managers have been advised that clients have a greater need to understand, access, and communicate with advisers about their situation. Besides this, as we mentioned already, traditional wealth management is very expensive and affordable only for High-net-worth individuals.

Through our high-end distributed technology, we offer the solution! Do-it-Yourself Wealth Management!

BTL Wealth Management Beyond Money

BTL Wealth Management is a self investment discipline which incorporates financial planning and investment management, not only for High-net-worth individuals, but also for small-business owners and all individuals and families who desire to coordinate their funds. Retail banking, estate planning, legal resources and investment management all can be done now by themselves, without need of 3rd party advisory, and so reducing drastically the risks and fees.

Contact us for more details!