A senior private wealth figure has questioned the industry’s ability to service clients in a sustainable way and claims private wealth management now stands at a crossroads.
Paul Heath, CEO of JB Were, was speaking on new remuneration models for wealth managers at a Private Wealth Symposium hosted by Professional Planner at Lilianfels in the Blue Mountains.
To watch a short interview with Heath, click on the clip below.
Earlier Christian Roland, associate principal of McKinsey & Company, who presented the results of a study on global private banking, opened the event.
These themes included an analysis of new advisory models.
To watch a short interview with Roland, click on the clip below.