Give your children more
We give our kids a lot - values, education, and beautiful memories. Let's also grant them financial literacy and start in life, ensuring calmer living for them. Build their wealth via index ETFs.
Owner
You or your child
To be in full control of your money, open an account in your name. If you open it in your child's name, it will get all rights, responsibilities, and access after reaching the age of majority.
Performance
of 9% annually
Start investing for your kids right from birth. Compound interest will multiply their wealth generously before reaching adulthood. Save on fees by choosing index ETFs.
Past returns do not guarantee future returns
Let's Start
Taxes
Yes, even kids have to pay them
Luckily they don't have to in Finax. We manage portfolios without incurring tax liability. If you live in Slovakia and leave the funds invested for at least a year, their returns will be tax-free.
Do you have a set goal?
Do you have a clear idea of what you want to achieve by investing and when you will need the money? For example, do you want to save for your children's studies abroad? Calculate how much money you'll need. When opening an account, we'll recommend a deposit amount to help you save that amount.
Don't have a specific plan and simply want to save for children according to your abilities? That's also fine. When opening an account, we'll quantify what you can expect to earn.
Let's teach our kids financial habits
According to US statistics, a shocking 70% of millionaire children lose their parents' inherited wealth due to poor financial decisions and lack of financial literacy.
Let's teach our kids to make correct decisions and build good habits.
Read about the son of the founder of Finax who had his own investment account at the age of 8 already.
More children?
Save for them separately
Each of your kids is unique - whether by age, talents, or dream future professions. For a better investment setup and a good overview of the progress towards the goal, we recommend you create an individual plan for each child. Opening an account is free at Finax.
- Each child can have a separate account
- You can open several investment goals for your child (wedding, housing, studies)
- Involve them in decision making, e.g. if they want a new bike, save for it together.
Start saving for your kids
With the largest digital asset manager in Central Europe
More about Intelligent Investing Let's StartLook at our blogs, podcasts, webinars
DO YOU HAVE FURTHER QUESTIONS?
Opening an account with Finax is simple and fully online. Just click on "Let's start" in the top menu bar. From there, you will be taken to the registration page where you can choose your investment goal and answer a few questions about your investment preferences and risk profile. Based on your answers, we'll select a suitable investment strategy for you. Next, you'll create your online access, verify your identity using biometrics, provide personal information, confirm your contact details, and sign the portfolio management agreement online. Once you've completed these steps, nothing will hold you back from effectively growing your wealth. More information.
Finax was established by Juraj Hrbatý, a seasoned financier with 16 years of experience, and Radoslav Kasík, who brings 9 years of experience as a portfolio manager. The company's management team also includes Ján Jursa, Ján Tonka, Michal Vaculik, and Juraj Šnirc, each with extensive backgrounds in various departments of banks, securities traders, and asset management companies. More information about the Finax team.
Finax charges a portfolio management fee of 1% per annum plus VAT, calculated based on the average account value throughout the year and deducted monthly. If the volume of the client's assets managed by Finax reaches at least 100,000 euros, this fee will be reduced to 0.85% per annum plus VAT. For further details on Finax service fees, please refer to our Price List.
Check the ongoing promotions to obtain an even higher discount.
At Finax, we provide various discounts to make your investments with us even more profitable. Alongside regular special offers, we offer several permanent discounts that allow you to exempt a part of your assets from the portfolio management fee: discount for inviting a friend and for transferring investments to Finax from competitors.
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