A REVIEW ON EMERGING TRENDS IN WEALTH MANAGEMENT

A REVIEW ON EMERGING TRENDS IN WEALTH MANAGEMENT
Author(s):
P. SUGANYA DEVI
Keywords:
Tax & Retirement planning, financial services and Wealth Management.
Abstract
Wealth management activity has grown rapidly over the past years and the major banks now comprise a much larger share of the industry than they did previously. The returns on these activities across the major banks have varied, being close to those on traditional banking activities in some cases but below the cost of capital in others. By undertaking this line of business, banks have increased their resilience (by diversifying their income) but also face new risks. In part reflecting these risks, as well as a greater focus on capital management, banks have begun to re-examine the nature and extent of their involvement in wealth management.
Article Details
Unique Paper ID: 145095 Publication Volume & Issue: Volume 4, Issue 7 Page(s): 388 - 392
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