Implement these five steps to better serve affluent clients
Markets for both private debt and private equity have swelled over the last decade
Investors admitted to being biased toward information that's recent and readily available, Cerulli research suggests
Wealthy investors rely more on professional advice, study finds
A report outlines ways advisors can better serve HNW investors
Survey finds 51% are optimistic about global economic prospects
Management fees have been reduced by an average of 25%
Collectors are motivated by a desire to support arts and culture
Blended families are more likely to indicate a lack of trust in their beneficiaries' ability to manage their wealth
The trend is being driven by wealthier clients, who believe that traditional human advisors don’t provide “sufficient value,” new Accenture report finds