What are the latest trends in the UHNW market? How are advisors solving problems around portfolio reporting? What are your peers doing today to address some of the challenges you face?
Here you will find studies, white papers, articles and other content that is driving discussion among advisors and their UHNW clients.
JUN / 26
Five experts discuss the state of the advisory business.
MAY / 22
DEC / 26
The Trust Advisor
The Trust Advisor's Predictions for 2012
As 2011 lurches to a close, everything from tax policy to core regulatory issues is up in the air. Wealth managers are understandably edgy about the almost total absence of visibility, but a few see these "interesting times" as an opportunity as well as a challenge.
NOV / 11
Ultra high net worth population of Asia-Pacific will surpass Europe, US
Singapore has the sixth largest population of ultra high net worth (UHNW) individuals in the Asia-Pacific, with a combined worth of at least US$160 billion (S$206 billion), according to a report by research and advisory firm Wealth-X. The article discusses the report's forecast that the UHNW population in Asia-Pacific will surpass that of Europe in 2024 and overtake that of the US in 2032.
JUL / 15
Family Office Association
Family Office Exemption Narrowly Defined by SEC
This article, authored by Thomas J. Handler for the Family Office Association based in Greenwich, Connecticut, discusses the new family office exemption to SEC registration as detailed in the SEC Release IA-3220 issued on June 22, 2011, adopting rule 202(a)(11)(G)-1 (the "Final Rule") under the Investment Advisers Act of 1940 pursuant to the dictates of the Dodd-Frank Act.
MAR / 1
Bank Technology News
Self Service with an Edge
When it comes to attracting wealth management clients, the new focus is entirely on control-specifically giving control to customers via electronic channels that provide broad, up to date, actionable financial information as a means to compete with discount brokers and improve the flow of funds into institutions.
FEB / 22
WSJ: Financial Adviser
Registration Could Hurt Single-Family Offices
A government move to make U.S. single-family offices register as investment advisers shows how the interests of the super-wealthy are cast aside when they run up against populist measures.
FEB / 1
Wealth Briefing Asia
The Growing Demand for Better Wealth Reporting
Transparency is key to a healthy wealth manager-client relationship. Here, WealthTouch chief executive Norman Jones discusses evolving client reporting practices within Asia.
DEC / 3
WSJ: Financial Adviser
Super Rich Likelier to Outsource Post-Crisis
Hard times have pushed private single-family offices and their commercial counterparts together in partnerships only vaguely imagined before the crisis roiled the financial-services industry two years ago.
FEB / 28
Global Banking 2020: Foresight and Insights
Ernst & Young and Knowledge@Wharton undertook a year-long scenario-planning process that identified four possible futures: Business as Usual, Financial Issues, New Markets, and Change, Change, Change. For each scenario, they devised key strategies for banks to undertake now. This ebook includes text, video interviews and extensive analysis by Wharton faculty, Ernst & Young professionals and senior executives from major banks. One key conclusion is that technology will be very important in all the banking segments of the market.
FEB / 27
Report: Performance Through Focus - Seizing the global private banking opportunity
This survey of private banking trends looks at how banks across Luxembourg, Switzerland, Austria, Hong Kong and Singapore are positioning themselves to tackle the opportunities ahead. Providing some powerful insights into success factors, KPMG shares views on whether banks are doing enough to focus on future opportunities.
NOV / 17
World Ultra Wealth Report 2011
The fortunes of the world's ultra high net worth (UHNW) individuals have surpassed $25 trillion and is set to increase, spurred by the growth of developing Asia. Wealth-X estimates that the global market of UHNW individuals has reached 185,795. This report forecasts that the UHNW population in Asia-Pacific will surpass that of Europe in 2024 and overtake that of the U.S. in 2032.
FEB / 1
World Wealth Report
Highlights from the Capgemini/Merrill Lynch World Wealth Report 2011 – including the growth in 'high net worth individuals' around the world, how they invest their money and breakdowns by age and gender.
JUN / 22
Celent “Client Reporting Tools” Report
Given the increased demand on investors to reduce costs, address scalability concerns, and reallocate resources towards retaining clients, Celent undertook this report to profile and benchmark the offerings of 16 vendors to provide an understanding of the client reporting technology market in both Europe and North America.
APR / 1
FINRA Notice on Consolidated Financial Account Reporting
The practice of providing customers with consolidated financial account reporting has become increasingly common in the financial services industry. This Notice reminds firms of their responsibilities to ensure that they comply with all applicable rules when engaging in this activity, and highlights a number of sound practices.