Twitter icon Email alerts icon Latest News RSS icon Magazine icon Stay connected:

View the article online at http://citywire.co.uk/wealth-manager/article/a727670

The key hopes and fears of wealth management chiefs in 2014

by James Phillipps, Danielle Levy on Jan 13, 2014 at 14:21

But Basra is conscious that the strong returns from equities this year may well have distorted clients’ expectations, which will have to be managed carefully in 2014.

‘The markets have risen strongly for over three years and clients have short memories and are starting to forget about 2008,’ he said. ‘Expectations need to be managed and we will be spending a lot of time with clients discussing what returns they should expect over a normal cycle.’

Hugo Akerman, Charles Stanley

Charles Stanley director Akerman said the company’s catchphrase for 2014 is ‘embracing change’, be it regulatory or the changing needs of clients.

‘The company has always had its clients welfare as its central focus but the challenge for us now is to keep up with the changes in the regulatory framework while continuing to deliver the appropriate client outcomes,’ Akerman said.

‘To achieve this Charles Stanley has already committed substantial resources to ensure our strategy and procedures are aligned with these positive client outcomes.

‘So the challenge for 2014 will be to adopt and adapt to the stringent demands of the FCA while delivering the same outstanding service to clients through our network of professionals across the UK.’

Sign in / register to view full article on one page

leave a comment

Please sign in here or register here to comment. It is free to register and only takes a minute or two.

News sponsored by:

Long time coming: is the recovery here to stay?


Ian McVeigh and Steve Davies, managers of Jupiter's UK Growth fund, talk about their predictions for the UK equity space. Click here to watch a series of sponsored interviews with Jupiter's fund managers on the UK equity market.

Today's top headlines

On the road

Click here to find out more from the Audience Development team.

Read more...

Co-op files £2.5bn loss after 'disastrous' 2013

by David Campbell on Apr 17, 2014 at 09:20

Sorry, this link is not
quite ready yet