PriceMetrix
Don't Compete On Price For HNW Clients - New Report
8 May 2013
Competing aggressively on price isn’t the key to success in the high net worth space, according to a new report from PriceMetrix.
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FolioDynamix Adds Pricing, Fees Intelligence To Platform
18 April 2013
FolioDynamix, a provider of web-based wealth management technology, has entered into a multi-year agreement with PriceMetrix that will give its clients access to transaction and fee pricing information. Transactional pricing and fee information from advisors’ peers, powered by PriceMetrix’s CommissionCheck and FeeCheck products, will be fed into the FDx SingleSight wealth management platform . Using the platform, advisors will be able to access the information within the workflow of the order entry system, for transactional business, or at the time of proposal generation for fee-based business.
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How The US Retail Wealth Management Industry Fared In 2012 - PriceMetrix
13 March 2013
Financial advisors in the North American retail wealth management raised average assets under management by 9 per cent in 2012, according to a new report by PriceMetrix.
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What The "Moneyball" Theory Says About Hiring Advisors
15 November 2012
What can Michael Lewis’s “Moneyball” theory teach the retail wealth management industry? The theory – coined in Lewis’s book, Moneyball: The Art of Winning an Unfair Game, and later adapted into a movie starring Brad Pitt – centers on a small baseball team, Oakland A, competing with its much larger rivals. While it could never match the depth of its rivals’ wallets, the team found a way of identifying underpriced players through statistical analysis . This identified metrics that were good predictors of performance and yet weren’t valued in the selection procedure.
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Baird Upgrades Advisor Toolkit With PriceMetrix Agreement
24 July 2012
Robert W Baird & Co has struck a multi-year agreement with PriceMetrix aimed at enhancing productivity at its wealth management division. The agreement allows Baird advisors to access PriceMetrix CommissionCheck, a subscription service that provides real-time pricing comparables for equity commission trades, enabling advisors to price trades at market levels . “PriceMetrix's data and insight into equity commission pricing will help our advisors confidently achieve pricing that reflects the value they deliver to their clients," said Matt Curley, chief operating officer for Baird Private Wealth Management.
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A Look At The US Retail Wealth Management Industry: Going Upscale
6 March 2012
Advisors are focusing on larger, more productive households in the North American retail wealth management market, with the average number of households per advisor dropping 8 per cent in 2011, according to a new US study. Despite signs of a focus on quality business, overall growth in 2011 was weak in the retail wealth management industry, according to a report by PriceMetrix . Average advisor revenue grew 1 per cent to $537,000, but assets under management dropped from $79 million in 2010 to $74 million last year.
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The Secrets Of Success For Top-Performing Advisors
9 December 2011
Ever wondered what are the secrets of being a successful wealth management advisor? PriceMetrix has delivered the data to show how to win.
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Consistent Pricing Boosts Business - New Research
19 September 2011
Advisors who demonstrate consistency in their pricing strategies outperform their peers, new research from PriceMetrix shows. The report examines the pricing issue, which has come to the fore in wealth management, on the retail brokerage side . The industry has found its margins squeezed due to the downturn and has also come under fire for the inconsistency of its pricing.
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Financial Advisors Face Brutal Fee Discounting Environment - Study
29 March 2011
A typical North American financial advisor forgoes $20,000 in potential revenue every year because of discounts on fees, according to a study released yesterday by Toronto-based PriceMetrix. Assets in fee-based accounts grew by 24 per cent between 2007 and 2010, while transactional assets decreased by 1 per cent, according to the firm, which advises brokers on practice management . The analysis is based on the PriceMetrix aggregated North American database, representing 15,000 advisor books, 2.
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North American Wealth Managers Report Rebound In 2010
25 February 2011
Assets under management and average production reached an all time high in 2010 for wealth managers in the US and Canada, according to a study by PriceMetrix. The average advisor had $71 . 5 million in assets under management in 2010, an 8 per cent increase compared to 2008 and 18 per cent versus 2009.
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News and Features
Latest News
Why UHNW Clients In MidEast Prefer Single Family Offices To MFOs - Invesco Study
PNC Wealth Adds To Management Team
Sell In May? BMO Private Bank Tests The Theory
California Luxury Property Values Raise The Roof
Lyxor Makes Senior Hedge Fund Hire From Citi Private Bank
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
UK Fines JP Morgan International Bank's Wealth Arm Over Suitability Failings
The UK's Financial Conduct Authority has fined JP Morgan International Bank a total of £3.08 million (around $4.6 million) for systems and controls failings at its wealth management business.
Natasha Taghavi
23 May 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
