March 27, 2017
Berthold Auerbach once said, “With hat in hand, one gets on in the world.” And oh, how right he was.
Wealth managers must be prepared to offer clients a holistic solution – someone who can act not only as their financial expert, but also their counsellor, their teacher and their planner. Someone ready to listen before he gives you any advice.
When we asked 604 wealthy European investors what factors contributed most to their current wealth levels, we uncovered the individuality of each client’s path to success. By digging even deeper, specific generational trends soon became apparent.
Whilst older clients believe their success was born from personal factors such as a strong work ethic, younger clients instead harness a broader set of experiences to achieve their goals.
As a result of these varied approaches to success and wealth, advisors must be able to adapt to each and every situation at the drop of a hat.
Check out our most recent study ‘The Many Hats of the Modern Wealth Manager’