Monday, December 23, 2024

Insights into Offerings for High Net Worth Clients by Leading Wealth Managers

2024-02-09  |  high net worth wealth management 

... overnance (ESG) standards.For high net worth investors, the breadth of opportunities to expand and safeguard wealth is vast and varied. Leading investment firms such as Goldman Sachs, Merrill Lynch, Morgan Stanley, and UBS are pivotal in unlocking these opportunities through a comprehensive range of products and services. From tailor-made investment strategies and access to alternative investments to all-encompassing wealth management services and technological innovations, these firms equip affluent investors with the tools and expertise necessary for successful financial navigation. As the i...

Credit Union Loan Account Balances Rising

2023-06-01 11:00:00  |  credit unions lending 

... cy rates coming in at 0.79% in Q1 2023, seasonally down from 0.83% in Q4 2022. 60+ DPD delinquency was up YoY from 0.50% in Q1 2022.To learn more, visit the Q2 Credit Union Market Perspectives Report....

Financial Professionals Prefer Proven Over Trendy

2023-06-01  |  investing 

... n of active and passive strategies.Of those surveyed, 79 percent are Certified Financial Planner™ professionals, 53 percent indicated they work as an independent IAR/RIA, and 47 percent say they have more than 21 years of financial services experience. The 2023 Trends in Investing Survey provides valuable insights into the current investment landscape and the strategies employed by investment professionals to navigate evolving market conditions.Additional research by FPA is available at www.financialplanningassociation.org/learning/research....

Global High-Net-Worth Population Sees Biggest Decline in Size and Wealth for Over a Decade

2023-06-01  |  wealth management hnw 

... According to the report, the current lack of digital tools is limiting relationship managers from delivering timely financial advice and value-added expertise. It is also impacting their bottom line.On average, only one in three executives ranked their firm’s end-to-end digital maturity as high. Furthermore, 45% said the cost per relationship manager is rising, driven primarily by wealth value chain inefficiencies.The report finds that lagging digital readiness and poor omnichannel platforms increase the relationship managers’ time spent on non-core activities, leaving only a third of thei...

Millennials Searching For Advisors With ESG Knowledge

2022-07-13  |  demographics investing 

... RBC Wealth Management – U.S., said, "Millennials' strong appetite for ESG creates an opportunity for advisors to incorporate ESG data into their investment and wealth planning, as well as advise and educate the younger generation of investors on how to invest with purpose." About the survey The 10-minute, online quantitative survey was conducted in December 2021. Respondents included 25- to 40-year-olds (Millennials) across genders, races, and geographies, of which 750 were HNW and 250 HENRY (high earning, not rich yet). HNW is defined as having at least $1 million in investable assets...

Millennials Want Financial Advice, Not Trophies

2022-05-04 12:00:01  |  advice demographics 

... ing up new investment opportunities (39%). 60% recognize that investing in index funds exposes them to companies that don’t always match their values. While 76% of Millennials feel a personal responsibility to address big issues in the world, they also think the responsibility must be shared by companies (73%) and the government (83%). 4. Retirement feels a lot closer at 40 Millennials hope to retire by the age of 59, on average. It’s an ambitious goal that’s fast-approaching,and they are aware of the risks, which may explain the importance they place on planning and ad...

Large 401(k) Plans Seek to Retain Retiree Assets

2021-04-19 12:00:10  |  retirement 

... ns; however, 54% of those surveyed said they needed to have greater regulatory/legal comfort before implementing an ESG solution. Source: PIMCO...

Growing ESG Use By Advisors Driven By Investor Demand

2021-04-19 12:00:01  |  ESG investing 

... ne percent of advisors who use private funds also use SMAs. "Now more than ever, investors are speaking up about the types of products they want to invest in, whether it be ESG, private markets or other emerging asset classes. As advisors become more focused on providing the best client-centric experience and are optimistic about the year to come, they are looking to be equipped with the right tools and products to service their clients and investments," said Matthew Schiffman, Principal of Distribution Insight at Broadridge Financial Solutions. "Asset managers are primed to step up and add...

ESG Investing Key Loyalty Driver For Younger Investors

2021-04-15 12:10:00  |  investing 

... stors, 68% say they either have doubts about their firm’s commitment to ESG or don’t know about it. One-time fee-for-service and subscription payment models attractive to younger investors: Nearly three-fourths (74%) of investors under age 40 say they would prefer to pay for full-service wealth management via a one-time fee-for-service model. This is followed closely by a subscription model, which is supported by 73% of investors under age 40. By contrast, among full-service investors age 40 and older, just 42% support a fee-for-service model and 34% support a subscription model. ...

Say Goodbye To Money Management By And For Men

2021-04-14 12:01:00  |  demographics investing 

... : Backslash...

Retirement Savers Challenged by Global Pandemic

2020-12-30  |  retirement workplace pandemic 

... stand how sustainability is addressed in the plan menu," concluded Barry. "While ESG factors and issues can change over time, we believe plan providers should consider investment managers who integrate sustainability into their long-term investment process across their portfolios." Source: MFS Press Release ...