Surveys
Daily News Analysis
Investor Satisfaction Falls As Firms Struggle To Communicate Effectively With Clients - Study
18 June 2013
Overall investor satisfaction with self-directed investment firms slipped from levels seen in 2012, as investment firms struggle to find the right method and frequency of communicating with investors, according to the JD Power & Associates 2013 US Self-Directed Investor Satisfaction Study. The study, now in its 12th year, measures investors' satisfaction with their investment firm based on performance in six factors (in order of importance): interaction, account information, trading charges and fees, account offerings, information resources, an . .
*****
The Changing Face Of Global Wealth: Rise Of The Entrepreneurs - Study
18 June 2013
How the rich accumulate their wealth has changed dramatically over the past quarter of a century. Not so long ago, the rich mainly inherited their wealth, but nowadays they are far more likely to be self-made, a pattern common across the globe, according to a new survey . When the UK's Sunday Times Rich List was first published in 1989, only 43 per cent of the UK's richest people had made their fortune themselves, with 114 of the people on the 200 strong list having inherited their wealth.
*****
Survey Highlights "Changing Face Of Wealth" In The US
17 June 2013
Only 3 per cent of high net worth individuals in the US attribute their wealth to inheritance, while 67 per cent claim to be “self-made” millionaires, according to a new survey by BMO Private Bank. The firm’s inaugural report, which is the first in a series of studies looking at trends among HNW Americans, also revealed that a quarter of HNW individuals in the US are under the age of 40 . In other interesting findings, a third of the respondents were either born outside of the US or are first generation Americans, with at least one parent born elsewhere.
*****
Women's Share Of Wealth In Canada Rising Quickly - BMO Private Bank Study
13 June 2013
A new study from BMO Private Bank confirms the rise of women’s share of private wealth among the country’s affluent citizens. The study of 305 Canadian adults with at least $1 million in investable assets shows that women made up a third, up from 21 per cent three years ago . It also found that 40 per cent of these women generated their own wealth and one-third of them manage their own investments.
*****
The Private Equity Outlook: Optimistic, But Obstacles Remain
11 June 2013
Private equity managers are feeling confident about returns and deal opportunities for the rest of this year, according to a new survey of the industry. The recovering economy was seen as a key factor for the positive outlook, with 14 per cent of private equity firms expecting more entrepreneurs to be looking for capital, and 28 per cent expecting to see pent-up demand unleashed . The group of 215 private equity firms surveyed by Rothstein Kass found that 80 per cent are targeting double-digit returns for this year, with only 8 per cent expecting returns below 10 per cent.
*****
Features
EXCLUSIVE: Citi Private Bank: Reaping Rewards From Client Feedback
13 May 2013
Here, top executives at Citi Private Bank explain how the bank’s “Voice of the Client” initiative has rapidly gained traction among both staff and clients.
*****
EXCLUSIVE: Industry Leaders Debate Hot Topics Of Client Centricity, Communications
25 March 2013
Relevancy, transparency and ease of use emerged as goals for wealth management firms to strive for in delivering client-centric communications at a recent event of industry leaders held in New York.
*****
Annual Study Identifies Top Challenges For Single-Family Offices
18 October 2012
The top challenges for single-family offices in the current environment are regulatory rules, investment performance and security issues, the fifth Annual SFO Study from The Family Wealth Alliance revealed.
*****
Advanced HNW Planning Benefits "Negated" By Outdated Estate Plans - New Study
26 September 2012
Three-quarters of estate plans relating to HNW clients are at least three years old, yet an overwhelming 95 per cent of these clients have experienced “significant changes” since the plans were drawn up, a new study shows.
*****
The Best Practices Of Successful, Multi-Generational Families - New FBN, FOX Study
17 August 2012
The world’s most successful, multi-generational families routinely adopt best practices on maintaining personal relationships, family governance and next-generation development, a new study finds.
*****
News and Features
Latest News
Lincoln Financial Advisors Hires Managing Director To Lead Pacific Region
Investor Satisfaction Falls As Firms Struggle To Communicate Effectively With Clients - Study
INSIGHT: The Financial Implications Of Turkey's Turmoil
The Changing Face Of Global Wealth: Rise Of The Entrepreneurs - Study
BNY Mellon Wealth Management Boosts Presence In South Florida With Director Hire
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
America Regained Top Spot For HNW Population, Wealth In RBC/Capgemini Survey
The annual RBC Wealth Management/Capgemini World Wealth Report also showed that North America, which in 2011 had lost its top-dog status to Asia-Pacific, is now back as the place with the largest high net worth market.
Tom Burroughes
18 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
