The Henley Group Limited, a Hong Kong-based wealth and investment management services provider, has launched the Henley Fair Index, as part of its response to The Monetary Authority of Singapore’s (MAS) Financial Advisory Industry Review (FAIR).
Henley Group said, the balanced scorecard methodology takes into account several key metrics included in the MAS’s recommendations in their recent industry review, which include the suitability of advice and the provision of a quality after-sales service.
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Whilst the Henley Fair Index will initially be used internally to monitor the performance of advisors, the expectation is that it could be used in future to help prospective clients assess the quality of the advice that they have received from other FA’s.
With over 22 years experience in Asia, Henley Group has over 4,000 clients and close to US$1 billion in assets under management.
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