Scorpio Partnership
Regulation Puts Squeeze On Global Wealth Industry - RBC/Capgemini
19 June 2013
The rising level of financial sector regulation means that fewer firms will be able to offer the full suite of wealth management products, according to the RBC/Capgemini World Wealth Report.
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Increasing Demands From Clients Highlight Tech's Appeal - Advent Commentary
13 June 2013
Industry surveys showing how wealth management clients are increasingly demanding underscore the value of technology in helping firms deliver top-notch service, Advent Software says in a report. The San Francisco-headquartered company set out three rules which it said managers should adopt to enable them to focus on core activities: Firstly, managers should have a robust portfolio management system to integrate know-your-client processes, client relationship management and market data, and which offers web and mobile reporting; secondly, managers should track investment decisions so they can be justified immediately to a client, and thirdly, offer personalized access to advanced market analysis, product information and investment ideas . “Technology can go a long way in helping wealth managers ensure they meet clients’ increasingly demanding criteria in terms of communications,” Advent said in a report, entitled The Increasingly Demanding Nature of High Net Worth Investors.
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AWARDS: Outstanding Asia-Based Wealth Managers, Individuals Honored; JP Morgan Takes Top Prize
7 June 2013
JP Morgan's private bank took top prize in an Asian wealth management awards event organized by the publisher of this website.
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Financial Services Firms Must Embrace Digital Technology To Secure "Brand Love" - Report
3 May 2013
Wealth management firms are missing out on “brand love” and loyalty by not exploiting the benefits of digital technology, according to findings from a new global survey.
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Study Finds Room For Improvement In Advisor Use Of Social Media
27 March 2013
While many financial advisors see social media tools as increasingly critical to their success, findings from a new survey point to a mismatch in how advisors perceive their clients and how clients actually feel, emphasizing the need for advisors to focus on better understanding investors' views and objectives in the digital age. The survey was published in Accenture’s report, Closing the Gap: How Tech-Savvy Advisors Can Regain Investor Trust, and found that 48 per cent of financial advisors interact daily with clients through social media . However, while it confirmed that advisors recognize how the rapid adoption of digital technologies is changing their relationships with clients - for the better - it also illustrated that they “significantly overestimate” investors’ risk appetite, as well as how investment savvy they are.
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Many Ultra-Wealthy Individuals Feel Obliged To Give - New Survey
8 March 2013
An overwhelming 82 per cent of ultra-wealthy families feel that having more money means they have a greater obligation to be philanthropic, according to a new survey by SEI.
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Investment Technology Benefits To Emerge From "Behind The Scenes" - New Report
1 March 2013
Wealth managers must make full use of what investment technology has to offer to engage investors and foster long-term relationships with them, a new global survey suggests.
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Many Ultra-Wealthy Clients Feel "Cut Off" From Their Advisors - Survey
15 February 2013
Findings from a new SEI survey point to a lack of communication between the ultra-wealthy and their advisors when it comes to the potential risks involved in investment decisions. While 39 per cent of the 162 ultra high net worth US individuals questioned said they were happy turning to a wealth advisor when making important financial decisions, there remains a worryingly hefty proportion (49 per cent) that feel “isolated . ” Meanwhile, over half (57 per cent) said they felt their advisors weren’t equipping them with enough information to assess risk.
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INTERVIEW: Fidelity's Stance On What UHNW Clients Really Want
30 January 2013
As scores of industry players attempt to capitalize on the multi-family office market, one firm which has grown from zero to $13 billion assets under administration in two years recently told Family Wealth Report that it is looking beyond investment services.
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Wealth Management M&A Deals Surpass $1.1 Trillion Since 2008
30 January 2013
With a spate of wealth management merger and acquisition deals enacted recently, new industry data shows that more than $1. 1 trillion of assets for high net worth clients have changed hands, for a total price of $38 . 5 billion, in M&A transactions since the financial crisis year of 2008.
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News and Features
Latest News
Janney Makes Senior Hires At New Office In Maryland, Adds Senior VP In Florida
BMO Private Bank Hires Two Managing Directors In Illinois
Resource Real Estate Launches Diversified Income Fund
Argent Financial Group Appoints Business Development Officer
Global Investor Confidence Rose In May; Europe Makes A Comeback - Merrill Survey
Comment and Analysis
EXCLUSIVE: Citi Private Bank: Reaping Rewards From Client Feedback
WE Family Offices Sets Out To Reshape The Landscape Of UHNW Wealth Management
FEATURE: A Look At The Mexican High Net Worth Client Market
EXCLUSIVE: Thomas Carroll On His First Few Months At The Helm Of GenSpring
EXCLUSIVE: Industry Leaders Debate Hot Topics Of Client Centricity, Communications
Expert Commentary
- Top Story
- Opinion of the Week
- Industry Insight
- View from the Top
- Editor's Choice
- Investment Strategy
Regulation Puts Squeeze On Global Wealth Industry - RBC/Capgemini
The rising level of financial sector regulation means that fewer firms will be able to offer the full suite of wealth management products, according to the RBC/Capgemini World Wealth Report.
Tom Burroughes
19 June 2013
Guest Opinion: An Earnings Report Every Hedge Fund Manager Should Review
Here Diane Harrison, principal and owner of Panegyric Marketing, argues that the debate over fees in the hedge fund industry often focuses on the wrong topics.
Diane Harrison
20 March 2013
Q&A: Rockefeller & Co's Jimmy Chang On The Investment Environment
Here, Jimmy Chang, a senior portfolio manager and a managing director of Rockefeller & Co, discusses some issues around investing in the current environment.
Harriet Davies
4 April 2013
INTERVIEW: Regular Risk Reviews Gain Traction In The Family Office World
The period between 2008 and 2012 saw an uptick in risk reviewing business at New York’s Rothstein Kass Family Offices Group, says partner Evan Jehle.
Harriet Davies
9 April 2013
FEATURE: Twins And The Business Of Family
Building functionality into a family’s business affairs involves defining each person’s role but it’s never easy to think differently about family members who were children at the dinner table, but are now adults around the board table.
Charles Lowenhaupt
8 April 2013
Guest Opinion: Diversification In The Age Of Globalisation
Marc Odo, director of research at software and business intelligence firm Informa Investment Solutions, discusses why diversification failed during the credit crisis.
Marc Odo
25 March 2013
