MAXIMAI Investment Partners Named Top 11 Miami Financial Advisor

MAXIMAI Investment Partners is proud to have been named as one of the top 11 Independent Advisor firms in Coral Gables and greater Miami by AdvisoryHQ for the second year in a row!

We are grateful to our clients and partners both in the US and abroad for contributing to our success.  Our clients are our passion.

Check out AdvisoryHQs full rankings here

Fund selectors’ 2017 highs and 2018 expectations

Alejandro Behrens, Maximai Investment Partners

Miami, Florida, USA


What has been the best manager meeting this year?

Harding Loevner, great manager for international equities.

What was the best market moments of this year?

Every time the market hit a new record


What are your market expectations for 2018?  

For 2018, we continue to favor equities over bonds with increased volatility and a three time interest rate hike. We expect a continuation of global growth and favor the financial, technology and energy sectors.

There will be volatility as a result of political uncertainty (elections in Italy, Mexico, Brazil and Russia as well as Brexit negotiations). We also expect strong corporate earnings along with tax reform and continued bank deregulation.

Marco Salín, EuroAmerica AGF

Santiago, Chile

What was your best manager meeting in 2017?

One of the most noteworthy instances was when we were looking to the launch the EuroAmerica MSCI Small Cap Chile ETF, which we ended up doing with the sponsorship of MSCI.

While developing this product we met with Raman Subramanian, MSCI’s head of Equity Applied Research for the Americas, who showed his vast experience in the building, development and evolution of this kind of product.

With that help we have been able to meet the high expectations of our investors, which has at the same time made us very proud that we can offer a vehicle like this one.

What was your high point of 2017?

We were very innovative with several strategies launched this year. Among them is our first real estate fund, which looks to allow prospective investors to capture the core real estate markets in developed countries, with an interesting hedge to the local market.

What are your market expectations for 2018?  

From a Latin America point of view, I think the outlook is positive for next year. Although we’re going to have high volatility levels because of political matters, mainly in Brazil and Mexico, our economies are facing a positive cycle marked by better commodity prices, dropping interest rates and a better growth outlook compared to 2017.

Therefore, despite some political uncertainty, these variables should translate mainly into strong fundamentals not just in terms of macroeconomic indicators but also for company results, supporting the performance of different asset classes in the region.’

And one last market outlook from Alex Polshikov, Itau Asset Management (USA)

New York City, New York, USA

What are your market expectations for 2018?

They are cautiously optimistic. From a 2018 equity outlook, the US and Japan are my preferred destinations. Corporate profits in the US are at multi-cycle highs with steady revenue growth, and limited cost pressure weighing on net income. In Japan, a sustainable pickup in inflation and a focus on shareholder returns are driving a positive corporate operating environment.

Within fixed income, I believe that US high yield markets provides the most attractive opportunity. Although spreads have narrowed, corporate balance in the sector sheets remain robust, providing one of the better risk/return profiles in the fixed income markets.

From a cautionary perspective, we are definitely in a period of heightened exuberance. One significant example of this is the global cryptocurrency craze, which has ballooned to over half a trillion dollars. From my experience it’s impossible to call market tops, and while my opinion is that we’re in the late innings of this business cycle, I don’t see meaningful signs of recession within twelve months.

Why Educational Programs for Clients’ Children and Grandchildren Are Win-Win

Learning initiatives can encourage younger generations to understand basic investing concepts and build adviser-client relationships

The Wall Street Journal — View Original Article

March 9, 2017 9:30 a.m. ET

Elizabeth van Walleghem is chief executive and founder of Maximai Investment Partners in Coral Gables, Fla. Voices is an occasional feature of edited excerpts in which wealth managers address issues of interest to the advisory community. As told to Jacob Meade.

Elizabeth van Walleghem, chief executive and Founder of Maximai Investment Partners in Coral Gables, Fla. … We become more important to clients because they come to see us as a mentor and resource to their children. PHOTO: VERONICA AZPURUA

Around the time of the technology-stock bubble in the late 1990s and early 2000s, my firm started exploring ways to engage more deeply with clients. To cultivate conversation, one measure we introduced was educational seminars with clients’ children and grandchildren.

We have found the best way to run these seminars is to assemble a varied group from the practice and have each person cover a different topic. That variety tends to keep participants engaged. And while we also bring in guest speakers and discuss millennial generation trends, the seminars generally work best as a straightforward presentation of the basics of finance and investing. Learning simple concepts such as the difference between a stock and a bond can help participants in these age groups as they build a base of knowledge that will serve them later on.

Yet the impact of these seminars extends past the realm of finance education. While positioning enrollees for greater success and confidence with money as they move to adulthood, the knowledge they gain may also influence their academic or career pursuits. Some participants have gone on to become finance professionals based on their engagement with the program. As an added benefit to advisers, the programs can work as an initial step toward bringing on your own next generation of entry-level talent—at my firm we have been able to recruit several interns.

These seminars can also effect a profound change in your relationship with clients, because they illustrate how we care about more than just a standard quarterly discussion of portfolio performance. The conversation we initiate with clients’ kids and grandkids often continues after the seminar ends and establishes a stronger connection with the whole family unit. We become more important to clients because they come to see us as a mentor and resource to their children.

Finally, educational programs for children can yield surprising benefits to clients themselves. By instilling in young people a greater interest in personal finance, the seminars help open up a crucial conversation with their parents. Clients often struggle to communicate openly with their children about money, but these seminars offer a foundation for starting that dialogue. And more open communication about financial planning can help an entire family in the long run.