Are we emerging, albeit extremely tentatively, from global lockdown, or are many of the leading economies on the cusp of new lockdowns?
According to the study, the top three tools that advisors are looking for from asset managers are investment commentary and ideas, portfolio construction support and resources, and marketing and business-building support and resources.
Analysis showed 70% of wealth was often lost in two generations, while 90% was lost in three generations, Campden Research reported.
Quilter research, conducted by YouGov*, asked respondents what three things they would do if they were to be given £500,000 tomorrow. Just 27% said they would speak to a financial adviser, which was consistent across all age groups.
The group declared an interim dividend of 28 cents per share, down from 62 cents last year, in line with the policy to pay out 40% of profits.
At present, the demand to establish multi-family offices is increasing, higher than that for single family offices. Furthermore, the regulatory environment is increasing for all family offices.