Specialist crew financial services company Yachting Financial Solutions (YFSOL), has launched Waves, an automated online investment product aimed to assist busy yacht crew.
According to YFSOL, Waves is a “simple, cost-effective and above all quick investment plan for yacht crew.” It gives crew an easy way to put money into a basket of three solid funds, “so you can turn your hard-earned money into more money.”
Crew can pay in regular monthly contributions to these funds, which are managed by some of the biggest names in international investment, including the Rothschild family and Ruffer.
Clive Evans, chairman of YFSOL commented, “Waves is a completely innovative product that allows yacht crew to invest in successful funds normally only reserved for the super-rich. To achieve this, we spent months creating a simply yet sophisticated structure to support Waves. The result is a unique investment mechanism that puts crew on a level playing field with superyacht owners.
The product is designed to be straightforward and transparent, and allows crew to sign up online quickly from anywhere in the world, without having to create a tailor-made financial plan.
Evans concluded, “We’ve made it our life’s work to help yacht crew get out of yachting financially independent. Waves can help anyone in yachting take their first steps towards that.”