US millionaires have the lowest adoption rate of sustainable investments, according to a study published by UBS in September 2018. This may be true for …
Wealth managers still gaining client trust 10 years on from the financial crisis
Remembering the customer churn the global financial crisis caused, wealth managers should take the ten year anniversary of the collapse of Lehman Brothers as an …
Wealth managers must engage with the next-gen prior to wealth transfer
To successfully engage with the future generation of HNW individuals, it is not enough for wealth managers to simply understand their needs. To avoid assets …
UBS SmartWealth closure proves prematurity of robo advice
UBS’s surprising sale of its SmartWealth platform in the UK is the latest in a series of robo-advisor closures. Nevertheless, this is not the end …
Fidelity fee-free funds will have limited impact on the industry
Fidelity fee-free funds have shaken the investment industry, but the move is not groundbreaking and it is part of a wider trend that asset managers …
Bank corruption crackdown: The heat is on!
Like it or loathe it, the global wealth management sector is really feeling the heat these days as it deals with a low interest rate …
Why standalone robo-advisers will fail to attract affluent investors
While robo-advisers bring real value and utility, there is mounting evidence that robo-advice alone will not attract affluent investors, according to GlobalData Financial Services. There …
Robo-advice growth? – why robo-advice has low consumer appeal
Despite all the FinTech marketing proclaiming robo-advice growth, across the generations an average of only 1% of consumers are using robo-advice for arranging their investments, according …
When managing wealth affects mental health
Richard Isham, employment partner at Wedlake Bell LLP, highlights two recent initiatives that are designed to highlight the issue of mental health in the workplace. …
Cryptocurrency positives and benefits
Cryptocurrency positives and benefits include protection against identity theft; as well as greater clarity, accountability and quicker settlement, according to GlobalData Financial Services. Cryptoc…