Camille Van Vyve
14 Feb 2025
Joint financial goal = joint investment account
A third of the accounts opened with easyvest are joint accounts, generally between partners. A possibility rarely offered for online securities accounts… which nevertheless allows both members of the couple to get involved in the quest for a certain “financial happiness”.
€1.000.000: the price of happiness for Belgian households
In our 2024 money and happiness survey, we observed that the price of happiness in median capital for Belgian households was €1.000.000, including real estate. Certainly substantial capital, but not unattainable through regular investment efforts. Given that this is a household objective, is it not appropriate for couples to give themselves the means to achieve it?
The investment becomes the business of the couple
By opening a joint investment account, you make investing a matter of couple, which is rarely the case. A good way to involve your partner in financial decisions and to create, or consolidate, a common base of knowledge in this area.The financial objective becomes then a team objective: even if each member does not have the same assets (knowledge, income, etc.), it is the sum of the two which will ultimately make it possible to achieve the objective.
Account in joint ownership
What is commonly called “a joint account” is actually an account in joint ownership between two people, usually partners. It makes it possible to grow the savings built up during the life of a couple, with a view to carrying out joint projects. Note that in an account in joint ownership, unless otherwise provided by contract, the two holders are deemed to hold the assets 50/50, which obviously has implications in the event of succession.
Each holder must complete their MiFID profile
In the case of a securities account, the regulations in force require that the two co-holders complete the MiFID questionnaire before opening the account. At easyvest, we offer co-holders the possibility of choosing the answers of only one of them to questions about the couple's financial situation and investment objectives. These answers will determine the “common” risk profile and the type of portfolio offered.
Passive investing to avoid conflicts
To prevent one of the members of the couple from being held responsible for a bad investment decision, passive investing is the ideal solution: it is a question of following the market rather than trying to beat it, by exposing its portfolio to listed companies around the world for the long term. Portfolio management therefore requires very little involvement and above all, does not arouse debate.
Even simpler: call on a third party
Moreover, by choosing easyvest, you are assisted in determining this strategy, which guarantees household peace! Depending on your investment objectives and the established risk profile, always with your consent, your advisor will carry out the necessary monitoring to ensure that your portfolio remains in line with these objectives at all times.
A super intuitive app and recurring payments
With Easyvest, each holder has access to the application to monitor the portfolio in real time, from their smartphone or PC. The recurring payments functionality also allows you to add a fixed – but adjustable – amount to the joint investment account at the chosen frequency. This allows you to set a pace to achieve the goal in the simplest and painless way possible! Don’t hesitate to run a simulation on our site to immediately establish your common “financial happiness” goal.
Note: This article was written when Easyvest was authorized and regulated by the FSMA as an agent in banking and investment services.