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Five things wealth managers may not know about their clients
by James Phillipps on Oct 29, 2013 at 13:41
Ever wondered what clients really think about their wealth managers? With the help of Findawealthmanager.com we reveal five things wealth managers may not know about their clients.
Many wealth managers pride themselves on the fact the investment manager deals directly with the client, but only 40% of high net worth individuals care who they speak to.
Research by online private client manager search tool Findawealthmanager.com also found a renewed desire for capital growth as the focus on performance rises. Investors’ risk appetite rose sharply from April. However, in the choppy third quarter, users of the site expressed a growing dissatisfaction with their wealth manager, with ‘performance’ the most commonly cited factor.
Findawealthmanager.com makes over 1,000 client referrals a year to a panel of over 35 private banks and investment managers.
Here are its top five findings of what clients really think about their wealth managers.