Research and Markets: Wealth Management in the UK 2009

* Reuters is not responsible for the content in this press release.

Tue May 19, 2009 6:35am EDT

DUBLIN--(Business Wire)--
Research and Markets
(http://www.researchandmarkets.com/research/6d9466/wealth_management) has
announced the addition of the "Wealth Management in the UK 2009" report to their
offering. 

The country's serious economic issues are having a major effect on the UK's
onshore wealthy population, potentially causing them to lose faith in their
wealth managers. To keep clients, wealth managers need to know what this
lucrative customer wants from them, in terms of products, services and
interaction. 

Scope

* HNW demographic and attitudinal attributes based on our Wealth Management
Market Leaders Survey 2009 
* Extensive primary research from 20 wealth management companies highlights
their strategies for revenue growth, acquiring and keeping clients 
* In depth assessment of how RBSs UK wealth management operations are currently
perceived, following the spate of bad news from the RBS group

Highlights of this title 

UK HNWs are displaying typically defensive behavior in the face of the economic
instability, and have lifted their proportion of assets held in cash and near
cash from 15% in 2008 to 28% in 2009. Within the ranks of the HNWs there are,
however, a significant number looking to position for the recovery. 

British wealth managers see increased face to face contact as key to increasing
share of wallet; ironically they are currently among the worst in Europe at
keeping in touch with clients, and this is something that they must address. 

The dramatic fall of the RBS group has damaged its collection of prized private
banking operations in the UK. RBS needs to focus on strengthening the
client-banker relationship at the current time. Meanwhile, RBSs competitors
should be using this opportunity to plunder RBSs treasures: its clients and
relationship managers. 

Key reasons to purchase this title

* Understand the HNW populations investments by sector and geography, appetite
for risk, and reasons for choosing/leaving their wealth service 
* Assess the threats and opportunities for wealth managers by understanding how
peers are planning to grow revenues, acquire and keep clients 
* Gain an understanding of the strengths and weaknesses of RBSs UK wealth
management operations, as well as the associated opportunities and threats

Key Topics Covered:

* Overview 
* Catalyst 
* Summary 
* Methodology 
* Executive Summary 
* RBSs wealth management service appears to be ripe for plundering 
* After many years of prosperity, Britons have fallen on hard times 
* HNWs are mostly defensive, but there are important differences in their
attitudes that wealth managers need to cater for 
* Wealth managers need to consider the overlooked area of advisory services and
step up the frequency of their client contact 
* Table of tables 
* Bibliography 
* Definitions 
* Western Europe 
* Further reading 
* Ask the analyst 
* Datamonitor consulting 
* Disclaimer 
* List of Tables 
* List of Figures

For more information visit
http://www.researchandmarkets.com/research/6d9466/wealth_management

Source: Datamonitor 





Laura Wood
Senior Manager
press@researchandmarkets.com
Fax from USA: 646-607-1907
Fax from rest of the world: +353-1-481-1716 

Copyright Business Wire 2009

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