Wells Fargo offshore exit offers substantial potential AuM
Wells Fargo announced early in January that it was exiting the offshore wealth management market to focus on US resident…
COVID-19: A multi-channel experience is paramount for retention
The wealth management industry is undergoing a noteworthy digital transformation, but it is a two-sided coin. As the COVID-19 pandemic accelerates the importance of utilising technology for traditional players, it…
02 Feb 2021
Robo-advice for sophisticated investors: We are not quite there yet
Demand from investors for automated or robo investment services has been on the rise globally. But to fully infiltrate the HNW space, greater sophistication is needed. There is no question…
08 Jan 2021
23 Dec 2020
UK HNW investors show the greatest demand for pension planning services
The Coronavirus Crash threw a spanner in the works for those who were planning to retire this year. As a result, pension planning services are heavily requested by UK investors…
23 Dec 2020
UOB’s robo-advisor extends reach with Singtel deal
Despite the turmoil occurring in the world, expansion and competitive activity in the robo-advice space has continued. As the year closes, United Overseas Bank (UOB) has announced a robo-advice collaboration…
23 Dec 2020
DBS’ goal to triple family office AuM is ambitious but achievable
DBS aims to triple its family office assets under management (AuM) by 2025. The goal is ambitious, but aided by strong wealth growth in the ultra-high-net-worth (UHNW) segment, the provider’s…
07 Dec 2020
HNW investors are chasing yield in riskier corners of the fixed income universe
Strong equity market volatility and low yields mean HNW investors are exploring riskier corners of the fixed income universe. As the economy is not quite out of the woods yet,…
04 Dec 2020