Private Bankers are ‘Misrepresenting’ the Independent Model

Are private bankers who decide to go at it alone misrepresenting the independent model? Six wealth experts share their candid opinions in the third installment of this four part series. In the first two parts, our panel talked about competition without transparency, and why consolidation is likely to happen among smaller and even bigger players in the industry.

It is an Uneven Playing Field: Family Offices, IAMs Talk Competition

In the first video, a panel of wealth experts talked about the independent space in Asia and how consolidation is likely to take shape. In the second of a four-part series, they dig deeper into competition in the industry. While most agreed competition is healthy for the business, some felt they were competing on an uneven playing field because of the lack of transparency.

Consolidation is Inevitable: Family offices, IAMs Talk Business

Growing demand for independent advisory services among wealthy Asians has seen the rapid expansion of boutique wealth firms in Singapore and Hong Kong. These outfits including multi-family offices and independent asset managers are mostly run by former private bankers who took a leap of faith to go it alone.