At Stylis we believe that our insight into the ever-changing financial landscape and our asset & wealth management hands-on experience make us a valued partner to our clients globally.

Global wealth management profits under pressure

The operating income of 200 global wealth managers saw an average rise of just 0.04% in 2016, even though assets under management rose some 4% during the year, according to consultancy Scorpio Partnership.

The wealth management consultancy’s Global Private Banking Benchmark report also revealed that cost/income ratios fell below 80% for the first time since 2012, amid a push to cut costs by private banks and wealth managers.

Source:Investment Week

This entry was posted in Uncategorized. Bookmark the permalink.

Comments are closed.