A tailored approach for liberal professions
Specific solutions for liberal professions
Working hours and availability can quickly become constraints for people practising liberal professions. That is why BNP Paribas Fortis Private Banking & Wealth Management has developed tailored services to meet your needs and expectations. The expertise of your Private Banker, as well as his network of experts, opens doors to the best products and the most appropriate solutions.
A dual approach
How to find the optimum balance between your personal and professional interests? We offer a dual approach where a Private Banker (or Wealth Manager) and a Professional Adviser apply their complementary skills to seek the best solutions for your financial holdings, your investments and your real estate assets. This way we can take a holistic view of your business and private assets, enabling better outcomes.
Private Banking by James, at your service
For senior business executives whose time is precious we have created Private Banking by James. Your Private Banker usually works by phone (you can contact him on 02 433 40 52) and also uses all digital communication channels. He is available to you from 7 am to 10 pm on weekdays and from 9 am to 5 pm on Saturdays.
Answers to your questions
People practising liberal professions have specific banking-related questions. Below you will find answers to some questions you might ask yourself frequently.
How to draw income from my business?
As a liberal professional there are various ways to remunerate yourself (salary dividend, building up a pension fund, etc.). Your Private Banker, supported by an Estate Planner, is there to help you make the right remuneration choices.
How can I maintain my standard of living after I retire?
Retirement: everyone has thought about it, but not always early enough or in the best circumstances. Based on a financial projection of your pension we recommend solutions to avoid a shortfall.
Should I invest in property?
It is important to decide whether it is better to invest in a private or a professional capacity. We help you make this choice; an important decision for your present situation and for your future.
What is the best way for me to hand over my professional activity?
You need to start preparing at an early stage. With the support of other experts, your Private Banker helps you deal with tax issues related to the transfer, and can also help you choose the appropriate legal structures. And later, when you have capital available from the transfer, a reorganisation of your private assets will most likely be on the agenda.
How can I protect myself and my family?
Whatever your business, and however intense it may be, you want to ensure that you and those close to you are properly protected on a daily basis. The same goes for your assets. Together with you, your Private Banker will outline the best way to achieve this.
How can I grow my private net worth?
Investments are an excellent way of profiting from your assets. There are two options available to you, an Advisory Management or a Discretionary Management. The Advisory Management includes the benefit of our investment advice, whereas with a Discretionary Management you entrust the management of your portfolio to our specialists. Your investments are continuously monitored and you have the reassurance of being in good hands, so you can devote yourself to growing your professional business activities.
How can I adapt to legislative changes?
Our certified experts and Private Bankers closely monitor any changes in tax legislation, and are delighted to use their expertise for your benefit. In addition, our online newsletter, Wealth Outlook, keeps you updated on current economic and fiscal affairs.
When you are working in a liberal profession the best way to achieve optimal management of your wealth is to keep yourself informed. Our numerous publications and the advice from your Private Banker will keep you up to date with the latest relevant information.