Millionaires want managers to solve complex problems
Compared to the pre-crisis period, when the clients were more heavily focused on chasing returns, now the demand is for advisers to help HNW clients to manage the complex mix of goals, primarily wealth preservation.
The World Wealth Report observed that the world's HNWIs expanded in population and wealth in 2010, surpassing 2007 pre-crisis levels in nearly every region.
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