Affluent investors, regardless of ethnic background, are generally confident in their financial knowledge and investment acumen.
Financial advisors often need to tailor their advice based on the investor’s age, gender, wealth level, and occupation and advisor dependency.
The total net wealth of the Lebanese was estimated at $91.1 billion at the end of June of this year, an increase of only 0.4 percent compared to the same period of 2013, according to Global investment bank Credit Suisse.
The Wealth-X and UBS World Ultra Wealth Report 2014, released today, shows that 12,040 new ultra high net worth (UHNW) individuals were minted this year, pushing the global UHNW population to a record 211,275, a 6% increase from 2013.
The latest edition of Offshore-i, an Appleby report that provides data and insight on merger and acquisition activity in the major offshore financial centres, focuses on transactions announced during the third quarter of 2014.