Industry Surveys
Daily News Analysis
New York Among Four Global Wealth Management Hotspots – GFCI Survey
5 April 2013
New York, London, Hong Kong and Singapore are the four main hotspot centers for wealth management and private banking, according to the 2013 Global Finance Centre Index by Z/Yen Group – the UK-based think tank. The survey, led by research group Long Finance, reveals that Hong Kong and Singapore are now only two points apart . There is a 48 point spread between London in first place and Singapore in fourth.
*****
A Strategic Succession Plan Can Boost Long-Term Business Value, Says SEI
13 March 2013
While the majority of financial advisors are at least 50 years old, 68 per cent do not have a formal succession plan for their businesses, according to a new SEI poll. The survey also found that 54 per cent of the around 100 financial advisors surveyed do not have a strategy in place to attract younger investors, despite what the firm describes as their “aging client bases . ” SEI said the findings point to a need for advisors to realize the importance of creating a strategic succession plan, with a focus on building long-term business value and sustainability.
*****
Financial Services Executives Expect Pay Increases In 2013 - Data
22 February 2013
Executives in the global financial services sector expect base salary increases of 2. 2-2 . 5 per cent this year - down slightly from 2.
*****
Wealth Management "Trails Far Behind On Service Quality" - New Research
19 February 2013
The wealth management sector prides itself on its high-touch approach to servicing clients. But despite its best efforts, new WealthBriefing research has revealed that over half of industry professionals believe that wealth managers are being put to shame by other HNW service providers . Indicative figures from our latest client experience reader survey suggest that over half (54 per cent) of respondents believe that the wealth management industry “trails far behind on service quality.
*****
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.
*****
Features
UHNW Using Mobile Tech As Key Wealth Building Tools
1 March 2011
The ultra wealthy are increasingly embracing improving mobile technologies as key wealth building tools.
*****
Brands And Hedge Funds
15 July 2010
Investors have become distrustful of hedge funds, and are seeking more than just good performance when choosing a manager. Reputation has become a primary consideration, according to recent surveys.
*****
News and Features
Latest News
Goldman Sachs AM Launches Alternatives Mutual Fund
Mutual Fund Asset Flows "Healthy" But Losing Pace - Morningstar
Massachusetts Wealth Firm Appoints Research Director
BNY Mellon Combines Bank, Brokerage Custody Into Single Service Offering
Webster Private Bank Creates Chief Investment Strategist Role
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
EXCLUSIVE INTERVIEW: Data Crunching Delivers The Investment Goods For FQS
As markets have been volatile, patchier liquidity will mean that capacity constraints on some hedge fund strategies have to be closely monitored to protect performance, FQS Capital, the hedge funds arm of a family office business, says.
Tom Burroughes
17 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
