Wealth management is a investment-advisory discipline which incorporates financial planning, investment portfolio management and the number of aggregated financial services offered by a complex mix of asset managers, custodial banks, retail banks, financial planners others. There is no equivalent of a stock exchange to consolidate the allocation of the investments and promulgate fund pricing and such it is considered a fragmented and decentralized industry.
High-net-worth individuals (HNWIs), small-business owners and families who desire the assistance of credentialed financial advisory specialist call upon wealth managers to the coordinate retail banking, estate planning, legal resources, tax professionals and investment management. Wealth managers can have backgrounds independent Chartered Financial Consultants, Certified Financial Planners or Chartered Financial Analysts (in the United States) Chartered Strategic Wealth Professionals (in Canada),Chartered Financial Planners (in the UK), any credentialed (such as MBA) professional money managers who work to enhance the income growth and tax-favored treatment of long-term investors.
For competitor segment, report includes global key players of Wealth Management as well as some small players. The companies include:
Bedrock Group, Canaccord Genuity Wealth Management, Partners Capital, RBS, HSBC, Investec Wealth& Investment, J.P. Morgan, Lloyds, Kleinwort Hambros, Unigestion, Man GLG, Capital Generation Partners, et al.