Rethinking Wealth Management

Wealth management consulting market in the Asia- Pacific region is expected to grow at a compound annual growth rate (CAGR) of more than 5 percent till 2028. This growth can be attributed to several factors such as increasing economic growth, the growing affluent population, and the rising demand for customized financial solutions. Other major factors driving the market include technological advancements, the emergence of Robo-advisors, and the increasing number of high- and ultra-high-net-worth individuals (HNWIs). Consequently, there is a rising demand for outsourced wealth management solutions, as companies are focusing on their core businesses. In this issue, we have focused on this segment. The cover story of this issue features Redcliffe Partners which offers opportunities to clients that sit outside of the remit of high commission products offered by traditional Bank and Financial Advisory consultancies, delivering with a genuine ambition to be the sanctuary of sensible, safe, and profitable wealth advice in the market.

The firm conducts micro-market diligence based on ground investigation, not over the surface diligence. Also featuring in the issue is Pearl Advisory Asset Management which offers its clients completely unbiased solutions that aid in the achievement of their financial objectives. A company that was established in June 2020 in the Dubai International Financial Center, has a Category 3C licence and is regulated by the Dubai Financial Services Authority, which permits it to provide advice in addition to managing assets, arranging transactions, arranging custody, and arranging credit (for professional client, not for retail clients). Reading on, you will find more such stories.

Keeping abreast of the latest developments in this market, Asia Business Outlook has shortlisted the top 10 companies that have proven their excellence through innovation. In a bid to fulfill the customer expectations and contribute to the market’s evolution with their result-oriented approach, these companies are raising the bar in quality of offerings and effectiveness of delivery.

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