Yves Mirabaud: A Defense of The Old Fashioned
Finews conducted an interview with Yves Mirabaud of the Mirabaud Financial Group. The interview essentially serves as a deep dive into what comes off as poor financial results for the year of 2020.
Yves Mirabaud easily combats this statement with the appearance of Covid-19, and even expresses that the results would be more accurate for 2018 and 2019. Despite the surge of Covid-19, Yves Mirabaud counts 2020 as one of the group’s best years.
The interviewer points out how revenue still proceeded to fall in a year when many clients and investors had been very active. The group’s revenue falling eight percent. This is responded with Mirabaud citing the different factors such as feeling for the U.S. dollar’s weakness and the urgency with actively managing client portfolios before any financial turbulence struck.
Next came the defense of the strategies of Yves Mirabaud and his group. The interviewer, once again, pointing at the fact that many of the group’s peers benefited from the trading boom. However, Mirabaud stood his ground, reminding the interviewer that even though the Mirabaud group seems old-fashion, that it doesn’t mean that their strategies are ineffective when it comes to supplying their clients with good service. As explained, with the passiveness of their clients’ investments and their resulting satisfactions that nothing fell through to ruin.
The interview goes on more, going into discussion about how the Mirabaud group conducts itself in terms of building the strong foundation that helped keep them above water in the era of a deadly pandemic. Tactics such as acquiring private bankers and cultivating the young team they have on hand. Mirabaud even added that there is no desire to compete when it comes to recruiting big teams. The interview does go on more from there, with discussing the Mirabaud group’s future plans. Visit this page for related information.
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