John Hustaix
This is the blog of John Hustaix, who is registered to practice law in Luxembourg and has expertise in asset management and private fundraising. This blog will explore various aspects of Mr Hustaix’s professional life, covering a range of topics including the history of the legal profession, the Luxembourg Bar Association, how to become a lawyer and asset management.
History of Legal Professionals
The legal profession can trace its origins back to ancient Greece and Rome. During the late Roman Empire and Byzantine Empire, a skilled, regulated profession gradually developed, with advocates acquiring more status and a separate class of notaries appearing. Although the profession went into decline in western Europe during the Dark Ages, it re-emerged in the 12th and 13th centuries with the emergence of experts in canon law. From this point, the legal profession began to be regulated and to extend its reach into civil as well as ecclesiastical law.
Luxembourg Bar Association
Mr Hustaix has been a member of the Luxembourg Bar Association. This organisation aims to honour and strengthen the bonds of trust between the public, lawyers and public authorities. Among other things, it ensures its members comply with the rules of the profession and is mindful of the difficulties that individuals may experience in their dealings with lawyers. The association also arbitrates in ethical disputes arising between lawyers and their principal.
To be admitted to the Bar in Luxembourg, a candidate must prove their good repute and professional capacity. The Council of the Order decides who will be admitted to the Roll of the Order, having examined the candidate’s file. There are several routes available to those wishing to enter the profession, such as via an internship with a practicum examination.
Asset Management
Mr Hustaix has extensive experience in the field of asset management. This term refers to the day-to-day running of a wealth portfolio and is usually headed by an investment manager. Asset management involves building an investment portfolio; this necessitates finding opportunities, assessing risks and developing an overarching strategy to reach a set of financial objectives, for the benefit of several passive investors.
Asset management is currently a booming business that is changing the world of investment. There are a number of different types of asset manager, including registered investment advisers (RIAs), investment brokers, financial advisers, financial planners and robo-advisers. The latter is a service that collects information on an individual’s financial goals and investment style and then manages this person’s finances using an algorithm. Outside of the financial world, asset management can also apply to digital assets, fixed assets, IT assets, enterprise assets and infrastructure assets.