29 JUN, 2022
By Constanza Ramos
Peter Billiet is the owner of the Fintegrity Family Office since 2014. He has 30 years of experience in the financial sector. He has built up extensive experience in various managerial positions in the banking sector and subsequently at a financial institution. Peter completed his experience with an MMP at the Vlerick Business School in Ghent.
My grandfather and my father were both branch managers for a Bank. I saw how they helped people with their finance and made friends in the community. I wanted to step into their footsteps. I applied for a job in the banking industry and got accepted. I got posted elsewhere for three years.
I start with reading three newspapers during breakfast. It takes me up to one hour.
Afterwards I go to my desk, and I look at the numbers of the US market who closed during my sleep… (6 hours difference).
Then I put on my suit and drive to my first customer. We discuss the results of their portfolio. We discuss the family wealth, its construction, the financial planning, the future, their dreams, and their children’s dreams… We look for solutions and answers. I visit a second client either in the afternoon or in the evening, depending on their schedule.
Once back in the office I prepare my next day, creating financial reports for my clients. I look at the European and Asian market. Sometimes I also attend a meeting held by an asset manager, during the day or evening.
I think the most important part of Wealth management and advisory is KYC, know your customer… Know them better than they know themselves and create their wealth around their life, their goals, their dreams…
I have seen a shift in client profiles since 2014 towards more equities. Yield was just not there, so clients had to turn to equities to create greater returns. TINA, there is no alternative.
Some wonder why we didn’t see the crisis coming… still a lot of people believe in a glass bowl or market timing…
We advise them to stay put in their quality portfolio and wait and let the market recovery do its work. Just one question remains, how long will it take to go back to the numbers of 16 November 2021 (highest peak).
I have a strong belief in the USA, India, and China.
Those markets will have the best performance for the next decade.
I would define as a Gentleman, self-confident and altruist.