High net worth individuals in Hong Kong and Singapore are much more aware of the human-related risks associated with wealth advisers compared to their global counterparts, according to a survey conducted by Factset and Scorpio Partnership.
If traditional UK wealth managers want to stay alive, they must find their unique selling points, invest in technology and pursue inorganic growth strategies, according to a report from SEI Wealth Platform.
A preference for local investment products limits investor allocation to feeder funds, according to industry sources.
More than two-thirds of high net worth investors say they suffer from ‘information overload’ and admit being easily distracted by short-term developments in politics and the economy.
Two fifths of business owners and entrepreneurs are pursuing a “giving while living” approach when it comes to estate planning, according to a new report by RBC Wealth Management, creating the “biggest opportunity” for financial advisers.
Italy has introduced a flat rate of tax aimed at attracting wealthy expats to its shores as it looks to compete with similar regimes offered in the UK and Spain.
More than half a billion euros was collected by the Irish tax authorities last year from 571 of the country’s wealthiest individuals.
US president Donald Trump’s controversial travel ban of some Middle East citizens could result an “influx” of high net worth individuals (HNWIs) from the region coming to the UK, according to London and Geneva-based law firm Collyer Bristow.
HM Revenue & Customs has come under attack for not explaining a near £1bn (€1.17bn, $1.25bn) drop in income tax receipts from high net worth individuals in a scathing new report by a UK parliament select committee.
Lombard International Assurance welcomes the increasing complexity in providing cross-border planning solutions for high net-worth families as it is their bread and butter, and one of the reasons the company has grown so successfully over the years.
There is a huge demand for relationship managers to look after high net worth (HNW) clients in Hong Kong and mainland China, a trend which is expected to continue in the coming year.
Crossbridge Capital and Morningstar are collaborating on a newly-launched digital advisory platform that targets high net worth (HNW) individuals and US expats, which they believe are under-served in Asia.
