Following the financial crisis, families tend to want more insight into investments, risk control and performance attribution. Furthermore, there are increased regulatory concerns about investor protection and calls for greater transparency. This is putting pressure on firms to up their game when it comes to the quality and type of services they provide to clients.
In particular, many firms recognise the need for more efficient and comprehensive risk management and reporting to meet the more stringent requirements of families today.
This report, produced by Advent Software, explores how family office clients' mix of wariness and desire for reasonable returns puts effective risk management at the heart of wealth management.
Click here to get your free report today.