8 Key Reasons to consider Ardan Wealth Platform

Are you looking for the right investment platform to grow wealth and create passive income?

How do you decide which one is most suitable for you? With so many options available, it can be an overwhelming experience.

If you're interested in a comprehensive review of the Ardan wealth platform, keep reading to find out if it's the right fit for you.

Ardan Wealth Platform

Here is a comprehensive review of the Ardan wealth platform to help you understand if it is ideal for you.

Before we discuss the benefits of Ardan, it is essential to understand the basics of a wealth platform.

What is a wealth platform?

It is a safe and secure online location where you can hold and manage all investments, like Stocks, Bonds, Mutual Funds, ETFs, and Structured Products, all in one place.

In simple words, it is a storeroom for your investments. A custodian holds the physical assets; the digital format is stored on a wealth platform. Here it is easy to buy/sell and manage assets online.

A wealth platform makes it easy for you and your financial Advisor to monitor the portfolio to review and rebalance when necessary.

How is it different from a trading account?

A trading account is mainly used for the short-term buying and selling of liquid investments. Such platforms typically promote and encourage active trading and a speculative approach involving higher risks due to market volatility and quick price fluctuations. Incorrect investment decisions can lead to substantial losses. 

In contrast, a wealth platform offers a broader range of services and tools to help you grow wealth over the long term. They typically often include investment advisory services, financial planning features, and a range of investment options to cater to a more comprehensive wealth management approach.

Why Use a Wealth Platform?

A wealth platform helps you achieve the following objectives of investing;

1. Accumulation of Capital
2. Growth of Wealth
3. Safety of Assets
4. Passive income from Assets
5. Liquidity
6. Tax Efficiency
7. Portability and international access
8. Seamless distribution of wealth to your nominees after you.

Why use the Ardan Wealth Platform?

Here are the eight key reasons to consider it

Advisor Led

Given the complexities of investments and financial products, having a Financial Advisor Guide you through this maze can be helpful.

Your Financial Advisor can help you create a Holistic Financial Plan and design an investment strategy based on your goals, risk appetite, and preferences.

They can also help you review and rebalance your portfolio regularly to ensure that you are on the right track to achieving your objectives.

Flexibility

Investment plans in the UAE typically have lock-ins and exit charges. However, Ardan Wealth Platform offers a high level of flexibility without lock-in periods or exit penalties. With its simple ‘pay as you go’ fee structure, you benefit from easy access to your capital at your discretion. 

Wide choice of investments

Ardan provides access to over 80,000 financial instruments, including Direct Mutual Funds, ETFs Stocks, Bonds, and Structured Notes. You can hold your cash and assets in one or more of the 11 currencies available on the Ardan Wealth Platform.

These assets can help you grow wealth, create passive income or do both.
You can also create multiple portfolios for different financial goals/objectives under the same account.

The Ardan Wealth Platform is transparent and highly competitive on charges. Their online technology increases efficiency and lowers the cost of managing a portfolio.

Free Beneficiary Trust

The Wealth platform comes with a Free Beneficiary Trust. You can appoint a Trustee and Beneficiary to ensure the seamless transfer of your wealth after you.

You are in complete control of your account as long as you are alive. It comes into force after you; to ensure that the assets are transferred to chosen beneficiaries without legal and succession challenges.

Transparency of Charges

Ardan has a clear pricing schedule agreed upon upfront at the time of setting up the account. This is part of the paperwork to open the account. It is important to read this document before signing.

Investment Currencies

You can hold your investments in any of the following currencies: USD, EUR, GBP, CHF, JPY, SGD, HKD, AUD, AED, CAD, and ZAR. 

Your portfolio can be valued in any of the 11 currencies available on the platform. You can also convert to a portfolio with an alternative base currency at any time.

Ardan does not charge Forex fees for an FX transaction. 

Group Strength

Ardan is a part of the International Financial Group Limited(IFGL). It provides investment, savings, and protection solutions to international investors worldwide, with 216,000 customers and USD26 billion in assets under administration, and employs more than 550 staff.

Safety - The Isle of Man Advantage

The International Monetary Fund (IMF) recognizes the Isle of Man as a well-regulated offshore financial center of excellence as it holds an Aa3 sovereign rating (as of October 2020) from Moody’s for its financial strength.

This rating is higher than the USA and the same rating as the UK, UAE, and Hong Kong.
The Isle of Man Financial Services Authority (IOMFSA) aims to secure the safety of investors’ capital through stringent regulations. Hence it is an ideal location for your investments.

Challenges and Shortcomings

No one platform can be perfect, and like every platform, the Ardan Wealth platform also has the following shortcomings;

1. No facility to place instant trades like a trading platform. Hence it is more suited for long-term investors and not for traders and speculators.
2. The trading costs for Stocks, and ETFs are relatively high; this is also a deterrent for short-term traders and speculators. However, this platform is ideal for Mutual funds and Structured product investments.
3. The platform is Advisor led, hence not suitable for DIY investors.
4. The account opening process needs an upgrade.

Summary

The Ardan Wealth Platform provides the following benefits;

1. Advisor Led
2. Wide choice of investments to grow wealth, create passive income, or do both.
3. Free beneficiary trust to ensure seamless transfer of wealth.
4. Group Strength
5. Safety

It is ideal for long-term investors looking to accumulate and grow lasting wealth and distribute it to their loved ones without succession challenges.

Professional Help

As an Independent Financial Advisor, I can help you determine your financial goals/objectives and choose suitable platforms, assets, and investment strategies to achieve your objectives.

Click the link below to arrange a Complimentary Financial Planning Session.

Click here to schedule an online meeting.