Welcome to the wealth management club - 15.12.2009
Moneywise
This article is related to the rise of wealth managers and details the options available on the high street to more people than ever before and not just the "meg-rich".
Information from ComPeer's UK Wealth Management Industry Report was used in this article to highlight a growing market and to help define a wealth manager:
"Research firm ComPeer’s UK Wealth Management Industry Report 2007 suggests growing numbers of firms are keen to get a slice of the wealth management pie, with IFAs increasingly branding themselves as such and life and pensions companies establishing wealth management divisions. ComPeer’s definition of wealth management has typically been those firms regulated to manage or administer a client’s money on their behalf."