Expert Guidance in finance for expatriates living in Hungary.
At Banking Advisory we believe everyone deserves clear and honest financial advice. Our mission is to simplify complex financial concepts, provide trustworthy guidance, and empower you to navigate your financial journey confidently in Hungary, no matter your life stage.
INDEPENDENT ADVISORY ROLE
Independent Financial Advisory for Expats in Hungary.
Banking Advisory Kft is an independent financial advisory firm based in Budapest, specialising in financial education, decision-support and strategic financial orientation for expatriates, international professionals and cross-border families living in Hungary.
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We provide financial guidance, education and strategic orientation to help clients understand their financial position, evaluate available options and make informed decisions within the Hungarian and European financial environment.
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Our core activity is independent and non-regulated financial advisory. We do not sell financial products, we do not manage client assets and we do not execute investment transactions.
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Banking Advisory operates independently from banks, asset managers and product providers, with a strong focus on transparency, financial literacy, risk awareness and long-term planning.
OUR ADVISORY MODEL AND CORE AREAS OF SUPPORT
A Clear Two-Step Model Designed to Protect Client Independence.
Banking Advisory follows a clear and transparent two-step model designed to protect client independence and ensure regulatory compliance.
01
Clarification of Financial Objectives
The first phase begins with a clear understanding of financial objectives, priorities and decision context.
02
Analysis, Explanation and Alternatives
We analyse personal and family financial situations, explain instruments and risks, and compare alternative strategies.
03
Financial Education and Cross-Border Guidance
This includes financial education, personal financial orientation and expat and cross-border financial guidance.
All activities in this first phase are independent, non-regulated and do not constitute investment advice under Hungarian law.
Are you facing any challenges with the Hungarian banking system?
Living abroad brings exciting opportunities—but also financial challenges. Hungarian taxes, investments, and the local financial market can be complex. That’s why we offer personalized financial training for expats in Hungary.
Understanding Local regulations
Each country has its own tax structures, banking rules, and investment regulations, which can be vastly different from what an expat is accustomed to. For example, some countries have double taxation agreements, while others require additional reporting for foreign income. Without expert guidance, expats may find themselves paying unnecessary taxes or struggling to stay compliant with local financial laws.
Investment Complexity
Investing in a foreign market requires understanding the economic landscape, currency fluctuations, and risk factors unique to that country. A strategy that works in one’s home country may not be suitable abroad. Additionally, some investment opportunities may be restricted to local residents, further complicating financial planning.
Banking and Currency Exchange Issues
Opening a bank account as an expat can be time-consuming and involve extensive paperwork. Additionally, foreign exchange rates and banking fees can impact an expat’s ability to save and invest efficiently. Without a proper strategy, fluctuating exchange rates can erode savings and lead to unexpected financial losses.
Retirement and Long-Term Planning
Planning for retirement abroad is another challenge, as pension schemes, social security agreements, and retirement savings plans differ by country. Expats need to ensure that their retirement plans align with the financial systems of both their home and host country.
The Solution: Expert Guidance
Given the complexity of foreign financial markets, seeking professional financial advice is crucial. An expert advisor who understands the needs of expatriates can help optimize tax strategies, identify suitable investments, and create a comprehensive financial plan tailored to an expat’s specific situation.
Understanding a new financial market abroad may be difficult, but with the right knowledge and expert assistance, expatriates can secure their financial future and make the most of their international experience.
Have confidence in your financial decisions.
With our wealth management program, we help you take control of your finances and achieve long-term prosperity. It consists of three sessions over one month.
Introduction to Investments
1 Session
Recognize the importance of investing. You will learn how to implement a reverse budget and clarify your financial goals.
Fundamental Financial Tools
2 Session
You will master the functioning of stocks, bonds, mutual funds, and ETFs markets. Armed with the tools to effectively compare these options, you'll gain a clear understanding of the risks involved in your investments.
Developing a financial Plan
3 Session
You will be able to create a detailed asset allocation, taking into account the tax benefits offered by the Hungarian market.
About the Course
Our three-session course, each lasting two hours, focuses on empowering you to take control of your finances. Learn essential skills to manage your wealth effectively in a welcoming environment.
01
Clear Explanation
The content is systematically arranged, highly practical, and exceptionally insightful, delivering a comprehensive understanding of personal finance strategies.
02
Independence
Independence allows clients to access a wider range of knowledge, enabling them to create financial plans and make informed investment choices.
03
Tailored advice
We work in small groups, where everyone can bring her/his questions and problems.
OPTIONAL IMPLEMENTATION SUPPORT
Implementation Support Is Separate, Optional and Clearly Identified.
Once a client has made an autonomous and informed decision, Banking Advisory may, upon explicit client request, support implementation in a separate capacity as an agent of authorised financial institutions.
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In a separate and clearly identified capacity, Banking Advisory Kft acts as an agent of SPB Zrt, a Hungarian investment services company authorised and supervised by the Hungarian National Bank (MNB).
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Any regulated investment services, including product-related information, onboarding or execution support, are provided exclusively under the responsibility and contractual terms of SPB Zrt.
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Clients remain fully free to choose whether to consult SPB Zrt, another authorised institution, or not to proceed at all.
Independent advisory first. Regulated investment services only through authorised institutions.
Banking Advisory Kft provides independent financial education and general financial advisory services only. Regulated investment services, where applicable, are provided solely by authorised institutions, including SPB Zrt, under their own responsibility and supervision by the Hungarian National Bank (MNB).
PROFESSIONAL CREDIBILITY AND LEGAL CLARIFICATION
Experienced, Independent and Built for International Clients in Hungary.
Banking Advisory was founded by Fabio Giacometti, who holds a degree in Business Administration and has over 25 years of professional experience in finance, banking and corporate advisory across Central and Eastern Europe.
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He is a certified European Financial Advisor (EFA), awarded by EFPA - European Financial Planning Association. This background supports Banking Advisory's commitment to clear, independent and client-focused financial guidance.
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Nothing on this website shall be construed as regulated investment advice, portfolio management or a recommendation to buy or sell financial instruments.
Fabio Giacometti
Founder
Get to Know Me
I graduated from the University of Bologna with a degree in Business Economics in 2001.
In 2006, I moved to Hungary and founded Banking Advisory Kft in 2008 to support foreign investors in the country.
Currently, I serve as the Chief Financial Officer (CFO), overseeing the financial management of an Italian group’s companies in Hungary, Romania, and Poland.
Over the last 25 years, I have worked with Central Europe's most significant financing institutions and gained experience with various financial products.
I have always been a passionate investor, and in 2021, I decided to formalise my interest by obtaining a European certificate as a Financial Advisor from
EFPA, a leading professional standards-setting body in European finance.
I actively support Confindustria Ungheria as treasurer and Confindustria Polonia as one of the three auditors. Confindustria is the leading Italian
association representing manufacturing and service companies, with over 150,000 Italian companies of all sizes.
Since 2018, I have participated in founding and managing a Rugby Club in Nagykovácsi to promote rugby in the region.
