"I am often asked what is the difference between classic investment advice and wealth management," says Michal Kasana, who heads the wealth management team at WOOD & Company. "One of our long-term clients summed it up best - he said he doesn't even know anymore , whether I'm more his investment advisor or a family friend."
It is this personal dimension that distinguishes wealth management from ordinary investment services. It is not just about property management, but about building a long-term relationship based on trust and mutual understanding. For us, it is crucial to know the client's life situation - whether he is still active in business, or has already sold his business and is looking for a way to provide for his family in the future.
When theory meets reality in property management
In our work, we often encounter the fact that investors initially have a very specific idea about investing and asset management. A typical example is entrepreneurs who want to invest in real estate after selling their company. "After a deeper analysis, however, they often find that they are not actually looking for a second career in the management of rental apartments. They want to devote themselves to their family and their interests," states Kasana.
It is in such situations that the value of professional property management is shown. We offer solutions that meet the client's investment goals without having to personally deal with everyday concerns with property. "For example, we have real estate funds that bring stable income from premium real estate, but we take care of all the work with their management," explains Kasana.
Our portfolio of investment opportunities also reflects the current trends and needs of investors. In addition to traditional investments, we focus on prospective areas such as green energy and waste management. "We offer products with predictable returns that relate to our daily lives, but also investments for the future, such as blockchain technology and venture investments," explains Kasana.
KOSIT (waste industry), majority owned by WOOD & Company, won the 2024 Best Managed Companies award from Deloitte for the third year in a row. The evaluation is based on Deloitte's global methodology, where an independent jury evaluates companies based on four pillars: strategy, productivity and innovation, corporate culture, management and financial results.
Common success, equal risk
The basic pillar of our philosophy is the principle of joint investment - we enter projects with our own funds alongside our clients. This approach naturally leads to the fact that every investment opportunity undergoes extremely thorough analysis and supervision. When things are going well, everyone benefits, when tough times come, we face them together.
It is in such situations that the key role of the wealth manager is revealed - he must not only be able to analyze the situation professionally, but also to communicate effectively with the client. His job is to explain the context, possible scenarios and available solutions in a way that allows the client to make informed decisions.
Investing is not only about numbers. It is about understanding the wider context and the ability to see beyond the horizon of the current situation. That is why we do not focus only on traditional investment instruments, but actively look for new opportunities.
In autumn, OC Aupark presented a new extension with the largest green facade in Slovakia with more than 40,000 plants. The extension will also include more than 350 solar panels.
An example is our investment in the Bratislava Aupark, for which we created a special fund enabling qualified investors to participate in the development of this important project. The results confirm the correctness of this approach - the AUP Bratislava sub-fund has achieved an appreciation including dividends of 27.86% p.a. since its establishment. in euro class.
We also emphasize portfolio diversification. The recommended composition includes not only stocks and bonds, but also project and alternative investments.
Experience and expertise
Our wealth management team consists of senior professionals with more than 20 years of experience in the investment markets. This brings the necessary insight and the ability to evaluate the situation realistically, especially in turbulent times. "In times of crisis, we advise our clients not to panic and consult their decisions. Sometimes it is even necessary to dissuade the client from investing," admits Kasana.
We rely on transparent communication. We communicate profitability expectations conservatively, and our clients receive a clear picture of the fee structure and risks. For qualified investors, it is important to know not only the potential returns, but also how those returns are generated.
The modern administrative complex Lakeside Park is part of the Office Subfund WOOD & Company. It is exceptional due to its location near Lake Kuchajda and within walking distance of public transport and the train station. The complex holds the LEED GOLD certificate.
Property management has a long-term perspective
The real value of property management often comes in the details. "The fact that we can really understand our clients also brings more depth
