Ionel Blănculescu: "All the wealthy are interested in wealth management."

The service of wealth management has become increasingly sought after in the world of those with money, according to financial consultant Ionel Blănculescu. "All the wealthy are interested in wealth management," claims the specialist, who provides profile services both at the corporate and retail levels. "It's a big issue in the world of the wealthy - what to do with their money, with their assets, how to protect them... Some work with private banking in Romania; there are a few banks that offer such services, but the safest ones are Switzerland and Liechtenstein! That's why I work with these two countries!"

Blanc Alliance Public Affairs concluded, at the end of last year, a medium-term strategic partnership with some of the most important consultants and investment bankers, aiming to provide high-quality financing services, both corporately and at the retail level, meeting the very high demands of customers for such services, according to the cited source.

Ionel Blănculescu told us that the parties involved in this partnership offer access to financing, including banking and non-banking; venture or growth capital; identification of investors, institutional or private; identification of investment opportunities, especially in the ECE space, in various economic sectors such as technology, renewable energy, construction, real estate, FMCG, etc.; specialized Wealth Management services, using the banking platform and recognized specialists in this industry from Switzerland and Liechtenstein.

Wealth management is the process of reviewing and making decisions regarding the wealth of individuals to achieve financial goals, and a wealth manager is a professional who provides financial advice and services in this regard. Services in the field may include investments, pensions, taxes, or estate planning, among others. The goal of wealth management is to preserve and even grow wealth in the long term.

Ionel Blănculescu explained: "The sector is open to both corporate and private/retail. We work with companies in sectors such as construction, energy, metallurgy, and the manufacturing industry. I identify eligible clients in Romania, with wealth starting from a few million euros, usually five, and present them to banks that offer a range of investment tools, depending on the level of risk appetite, from very safe but with lower profits to riskier ones but with higher profits. Then, I ensure that the investor-bank relationship works flawlessly for both parties. Blanc Alliance Public Affairs provides consultancy and, most importantly, assistance. I assist those interested in their relationship with banks in Switzerland and Liechtenstein to ensure everything goes as planned."

According to him, the millionaires who use the services of the company he leads generally come from Romania. He told us that, in addition to "wealth management," there are other forms of similar services, and companies in our country are very interested in various types of financing, such as banking, non-banking, bonds, obligations, stocks, various European funds, state aid, etc.