Changes Ahead for Wealth Management

How have wealth managers changed since the Madoff scandal and the market meltdown? They’re going all out to develop robust due diligence and client suitability processes, according to PriceWaterhouseCoopers’ Global private banking and Wealth Management Survey of 2009. Clients want to know about operational details they rarely thought about before such as who actually has custody of their assets and what is the creditworthiness of that organization...

BIC: Changes Ahead for Wealth Management
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