Latest articles from David Scott

Wealth managers need to rebuild trust for disillusioned clients

January 28, 2011

This year will be a challenging one for the wealth management industry, with many clients increasingly disillusioned with their managers. Restoring trust must be a top priority, but with continuous product-pushing by the large bank groups, a failure to communicate with clients when it matters most and, perhaps most importantly, the lack of transparency in fee structures, an overhaul of how some wealth managers conduct themselves is needed.

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