XSpot Wealth is an asset management brand operated by XSpot Wealth (EU) Ltd, co-founded by DIMITRIS KANTZELIS and BASSEL IBRAHIM in Germany in 2014, with headquarters in Limassol, Cyprus. XSpot Wealth features smart portfolios that cover globally diversified investment areas, including hybrid income, stocks, real estate, and commodities.
The company's business is divided into three sections: Smart Wealth, Junior Wealth, Private Wealth.
Smart Wealth: XSpot Wealth has crafted five original plans using funds from leading providers. The investment team employs low-cost exchange-traded funds (ETFs), referred to as "passive investment," to track global financial markets, offering clients a broad range of investment opportunities. Clients can add or withdraw funds at any time based on their needs and monitor investment performance at any time through an online platform or app. Clients simply choose the investment amount and risk tolerance level to understand the value of their assets.
Junior Wealth: Junior Wealth is a smart, transparent, and low-cost investment account designed to provide returns for children under 18. This account can be opened at the child's birth by one or both parents or guardians. Parents and guardians can deposit funds into this account at special times (such as birthdays or Christmas) or set up regular deposits, utilizing compounding but taking on higher risks to achieve better long-term returns.
After the child turns 18, they may choose to join the account and become the beneficiary, based on the company's assessment. The account can be refilled at any time. To protect the growth of Junior Wealth, partial withdrawals are not allowed, but the account can be closed at any time and all funds withdrawn.
Private Wealth: Private Wealth offers personalized investment advisory services. Personal investment advisors tailor investment strategies based on clients' individual needs and goals. Investment advisors manage portfolios and maintain communication with clients throughout the partnership, and clients can monitor their investments 24/7 via a personal dashboard.
XSpot Wealth's diversified portfolios are allocated to different plans based on client needs (stability, growth, income). In the early stages of a complimentary consultation call or meeting with an experienced wealth manager, XSpot Wealth conducts a comprehensive assessment of the client’s wealth and goals. Depending on client needs and investment duration, asset diversification is achieved across different plans to help clients devise investment strategies. According to clients’ risk profiles and goals, XSpot Wealth allocates investments in areas such as stocks, bonds, real estate, and commodities. Clients can add or withdraw funds at any time and monitor investment performance 24/7 online or via the app.
