Get in touch - Bank of Valletta - BOV Group
Customer Service Centre - Bank of Valletta - BOV Group
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What do we understand by the terms ‘Open Architecture’ and ‘Best of Breed’?
What do we understand by the terms ‘Open Architecture’ and ‘Best of Breed’?
What do we understand by the terms ‘Open Architecture’ and ‘Best of Breed’?
Open architecture and best of breed are the key strengths of effective
Wealth Management. A financial advisor operating with an “open architecture”
and providing “best of breed” financial solutions indicates that financial
advisor is not a tied agent and is authorised to offer independent financial
advice, that is, is to provide advice and make readily accessible
financial products of various other financial institutions which would best
meet the client’s objectives. This gives comfort to customers as the financial
products being offered would be based on a wide selection of the best
performing products offered by third party providers. In his/her
recommendations the advisor have the liberty to select investments offered by
third parties providers hence having a portfolio with a comprehensive mix of
investments of varies issuers.
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Bank of Valletta p.l.c. is a public limited company regulated by the MFSA and is licensed to carry out the business of banking and investment services in terms of the Banking Act (Cap. 371 of the Laws of Malta) and the Investment Services Act (Cap.370. of the Laws of Malta).