AR 5.03 - Case Study: Changing Services to meet Ageing Client Needs

AR 5.03 - Case Study: Changing Services to meet Ageing Client Needs

Traditionally the financial services industry has focussed on wealth accumulation and has a transactional approach to wealth management. This has resulted in missed opportunities as advisers do not have a complete view of a client's wealth. Introducing wealth re-distribution services offers a comprehensive view of the client. This may necessitate an increase in competency and definitely involves offering a wider service which is tailored to the client's needs.