Yes, we are independent from banks and asset management companies. This is crucial in order to provide independent advice to our clients.
The Managing Directors of Prosperio GmbH, have advised insurance companies and corporate pension funds (so-called institutional investors) for many years. In doing so, they experienced that these institutional investors are provided with superior methodologies to manage their assets. This triggered the idea of making these methodologies available to private individuals. To this end, they searched for additional partners who would like to provide their services not only to institutional investors but also to private individuals. Prosperio was born.
We define Prosperio as your personal Investment guide because we help you reaching your goals by finding the best possible investments, and recommend the best way to implement them. We always follow your investment criteria and personal values when constructing your portfolio.
We use state-of-the-art IT infrastructure and encryption technology to protect your personal data.
Simply click on ”First Steps” to start with your individualised tutorial. The “First Steps” help you navigating through the system by providing you with data input examples. You should adjust the examples to reflect your individual situation. “First Steps” shows you WHAT you could achieve by using our system; as soon as you become a customer of us, you will then be allowed to more concretely see HOW (i.e. , through which investment products) you would be able to get there.
You can also click on “Free Trial” to enjoy the Prosperio system free of charge for limited time.
Log in to the Prosperio system and click on “Forgot Password”. After entering your e-mail address, simply follow the instructions provided in the e-mail that we will send to you.
You can change your personal data including your e-mail address in the Profile section of the Prosperio system. You can always contact us via our chatbot on the Prosperio website or at [email protected].
Yes, you can use our service outside of Germany. Please be aware that the information and underlying assumptions that drive the Prosperio calculations, specifically refer to the German market. NOTE: Residents of the Unites States of America and people taxable in the United States of America cannot use our service.
Unfortunately, we do not offer any cash or invoice payment option. We accept all major credit cards.
Yes, it is possible to change from one plan to another but only after the subscription period is over. Should you wish to change your plan once the subscription plan is over, please contact us on [email protected].
You can cancel your subscription plan directly in your Profile section as well as check the remaining time left until the subscription period is over. As soon as the subscription time is over, you can reactivate your account by simply clicking on the “reactivate subscription” link.
This is your personal choice; there is no minimum investment amount for using the Prosperio system.
Again, this is your personal choice. There is no minimum time period when investing your money with Prosperio. However, the longer your investment horizon the better it is to benefit from the returns of your investments.
A partner bank is a bank that has entered into an agreement with Prosperio to offer special rates to our customers. Learn more about our partner Banks and the special rates they offer to Prosperio clients.
No, you do not have to open a bank account or securities account to use the Prosperio system. Our offering is designed in such a way that you do not have to open (a yet another) account to use our services. Our Beratung offering works with your existing bank. You can still freely decide to open a bank account or securities account at our partner bank in order to benefit from all the advantages the Prosperio system offers.
We consider not reaching your financial goals as your greatest risk. This is why Prosperio first analyzes your current asset allocation and calculates the probability of reaching your financial goals. In a next step, we recommend an asset allocation that maximises the probability of reaching your financial goals. In a final step, we recommend investment products that best suit you to fill the recommended asset allocation.
We do not work with a model based on a standard normal distribution because, simply put, the world is not normally distributed. We calculate the expected returns from your assets based on your current asset allocation and take your financial goals into consideration, not just in one plausible scenario, but in thousands of scenarios. As we do not assume a normal distribution, we model the skewness and the kurtosis of the distribution of returns because we, and all other experts in the field, know, the returns on equities were not historically anywhere near normally distributed but rather tilted, suggesting stronger losses than assumed by a normal distribution.
In our Beratung offering you receive investment recommendations on an on-going basis. You do not have to open a new securities account; you can just simply implement the recommendations provided to you with your existing bank. Easy and straightforward! Our Beratung offering functions in a cyclical manner and it consists of the following items:
Let us provide further information on each of the above items below:
Assets & Goals
We produce your personal financial planning based on your financial goals and your current asset allocation. This information allows us to evaluate to what extent your financial goals can be financed (reached) with your existing assets.
Assets:
Whether your financial goals are achievable or not is dependent on your assets. It is therefore important that you enter all your assets and how they are currently structured in our system (including real estate).
Financial goals:
To be able to provide you with the optimal advice, we have to first understand what you would like to achieve with your assets. That is why setting your financial goals is a priority to us. We consider the non-achievement of your financial goals as your greatest risk. We offer you a selection of around 40 different financial goals choices (i.e., an extra payment on top of you expected pension at retirement age, capital preservation, heritage, etc.). All you have to do is setting up your goals and we will show you to what extent you would be able to achieve them and the amount of cash you may miss in a very bad capital market scenario. If you are willing to change and improve your asset allocation, you will see how you can do.
Individual portfolio
Asset Allocation:
We define the asset allocation that works best to achieve your financial goals. To define the optimal asset allocation for you, we, simply put, simulate your world, i.e., your goals and your possible investments in 1,000 possible scenarios. The development of assets and financial goals depends on a number of factors such as inflation or interest rates or development of capital markets over time.
We model how assets and financial goals develop in every point in time of your life. By linking goals and investments to the same macroeconomic variables, we are able to ensure that the goals are consistent with the development of assets at all times. We model all the assets that you input into the Prosperio system, including, for example, your real estate, as all your assets matter to understand if financial goals can be achieved. Once we have modelled the probability of reaching your financial goals based on your current asset allocation, we will structure a completely new and individualized asset allocation for you. We do not work, like the vast majority of our competitors, with pre-defined investment portfolios. We use an optimization algorithm in which up to 25,000 different asset allocation are generated and evaluated in different capital market scenarios. That way we ensure that the best asset allocation in all possible scenarios is searched for and found for you!
Fund and ETFs selection using the values:
We are the only provider in Germany that enables the customer to incorporate his or her own personal values and criteria when receiving investment advice. With Prosperio, you define the WHAT do you want to achieve with your assets but also the HOW you would like to achieve it. With Prosperio you can specify your values:
and your preferred investment style from a list of investment criteria:
Of course we also provide you with our investment advice if you do not want to incorporate your values and/or your personal investment criteria.
Once we have found the optimal asset allocation, we select the most suitable investment products for you per each of the recommended asset class from at least 400 funds. The selection is based on the quality of the funds and on your defined values and investment criteria (please refer to section a. Assets, financial goals, values and investment criteria for further information). We have developed an algorithm together with a leading provider of fund research to help you exactly find the investment products that best match your requirements. We will always show you funds, that have highest quality and are best suited to your defined set of values and investment criteria. We transparently show you how each investment product meets your preferences. You then freely decide which of the investment products recommended to you is the right choice for you.
Monitoring & Adjustment
We continuously monitor your portfolio and advice you on whether you should adjust it to remain optimally invested.
In our BeratungCLUB offering you get the full service offered to our Beratung clients.
Bear in mind that fee reduction is of great importance for reaching your financial goals. It is the safest return you can get!
By taking our “First Steps” you understand how easy it is to use our system as well as what you are able to achieve with it. The “First Steps” help you navigating through the system by providing you with data input examples. You should adjust the examples to reflect your individual situation. “First Steps” shows you WHAT you could achieve by using our system; as soon as you become a customer of us, you will then be allowed to more concretely see HOW (i.e. , through which investment products) you would be able to get there. Our offerings Beratung and BeratungCLUB are paid for services. Our Beratung and BeratungCLUB offerings provide you with access to our Assets & Goals, Individual Portfolio and Monitoring & Adjustments services.
If you have an endowment policy you best incorporate it into your financial planning as a Saving To do this, simply add a new Saving in the section Assets & Goals of the Prosperio system. Then add the expected payout and the date from the endowment policy. The system then incorporates in its calculations the payout from the date of disbursement of the endowment policy. This will have an impact your optimal asset allocation.
This question cannot be answered in general. Generally speaking and due to the unfavorable fee structure that these type of policies offer to customer, we tend to advise not to establish any new endowment policies. Using Prosperio, you might be able to answer this question yourself by simulating whether you would like to continue with your existing endowment policy or whether you are better off investing this money yourself, which makes you save on the administrative costs linked to any policy. To carry out this simulation, please proceed as follows:
Start a NEW RECOMMENDATION and compare the expected goal achievement and Net Wealth in all three scenarios to the results you noted down from the Recommendation calculated in Step 1. If the expected goal achievement and Net Wealth results from Step 1 are better than those expected from Step 2, then you should continue with your endowment policy. [Please note that: if you decide to cancel your endowment policy, it would most likely impact the expected payout in the event of death and occupational disability coverage of your insurance. As Prosperio does not know your specific situation we cannot provide you with any recommendations related to an existing insurance policy. In any case, it is worthwhile for you to take a closer look at this particular matter before taking any decisions..]
We monitor the probability of reaching your financial goals on an on-going basis when you subscribe for either our Beratung or our BeratungCLUB offering.
Please refer to “What do Beratung and BeratungCLUB actually mean and how does it work?” section.
Sure that also works! Our Beratung offering allows you to receive our investment recommendations and to execute them with your existing bank. If you already have an account at our partner bank you can use our BeratungCLUB offering to get our investment advice and execute the recommendations with your existing account.
No, there are no fees connected to deposits or withdrawals.
