Wealth management and financial advisory services in the Asia-Pacific region

Paper

Santacruz, Lujer. 2017. "Wealth management and financial advisory services in the Asia-Pacific region." 8th Global Business and Finance Research Conference. Taipei, Taiwan 26 - 28 Oct 2017
Paper/Presentation Title

Wealth management and financial advisory services in the Asia-Pacific region

Presentation TypePaper
Authors
AuthorSantacruz, Lujer
Number of Pages34
Year2017
Conference/Event8th Global Business and Finance Research Conference
Event Details
8th Global Business and Finance Research Conference
Parent
Global Business and Finance Research Conference
Event Date
26 to end of 28 Oct 2017
Event Location
Taipei, Taiwan
Abstract

The present paper is an industry study of wealth management and financial advisory services in the Asia-Pacific region, recognising the strong growth in personal wealth in this region. It aims to gain an understanding of the structure of the industry, current directions and opportunities thereof. The paper starts with a look at the wealth management and financial advisory services industry in the US, on which the practices in other countries are patterned and given that US financial entities are major players in the Asia-Pacific region. Examining the US industry is also a good way of introducing the terminologies used in the industry worldwide. The paper then examines the industry in Australia, which has a relatively well developed financial advisory environment before examining the industry in other major Asia-Pacific countries. For each country, the paper looks at the industry participants and the regulatory environment. Finally, the paper examines the general trends and directions that impact the industry and identifies potential opportunities.

Keywordsfinancial advisory service, financial planning, Asia-Pacific
ANZSRC Field of Research 2020350299. Banking, finance and investment not elsewhere classified
Public Notes

No evidence of copyright restrictions preventing deposit of Submitted version.
Article re-published (eP# 35591):
Santacruz, Lujer(2018) Wealth management and financial advisory services in the Asia-Pacific region. The Journal of Wealth Management, 21 (3).pp. 95-115.ISSN 1534-7524

Byline AffiliationsSchool of Commerce
Institution of OriginUniversity of Southern Queensland
Permalink -

https://research.usq.edu.au/item/q4q0q/wealth-management-and-financial-advisory-services-in-the-asia-pacific-region

Log in to edit

Download files

Submitted Version
Wealth management and financial advisory services in the Asia-Pacific region.pdf
File access level: Anyone

  • 211
    total views
  • 594
    total downloads
  • 18
    views this month
  • 16
    downloads this month

Export as

Related outputs

Asset class return connectedness during the last two global shocks GFC and Covid
Santacruz, Lujer. 2021. "Asset class return connectedness during the last two global shocks GFC and Covid." 2021 Financial Planning Academics Forum. Brisbane, Australia 26 Nov 2021
Toward a practical measure of firm risk-taking: revisiting Bowman’s paradox
Santacruz, Lujer. 2018. "Toward a practical measure of firm risk-taking: revisiting Bowman’s paradox ." 31st Australasian Finance and Banking Conference. Sydney, Australia 13 - 15 Dec 2018 Sydney, Australia.
Measures of firm risk-taking: revisiting Bowman’s paradox
Santacruz, Lujer. 2020. "Measures of firm risk-taking: revisiting Bowman’s paradox." Managerial Finance. 46 (3), pp. 421-434. https://doi.org/10.1108/MF-09-2019-0466
Wealth management and financial advisory services in the Asia-Pacific region
Santacruz, Lujer. 2018. "Wealth management and financial advisory services in the Asia-Pacific region." The Journal of Wealth Management. 21 (3), pp. 95-115. https://doi.org/10.3905/jwm.2018.1.066
Asset allocation: analysis of theory and practice in the Australian investment management industry
Santacruz, Lujer. 2014. "Asset allocation: analysis of theory and practice in the Australian investment management industry." 27th Australasian Finance and Banking Conference (AFBC 2014). Sydney, Australia 16 - 18 Dec 2014 Sydney, Australia.
Dealer group or financial planning group? A brief technical note
Santacruz, Lujer. 2011. "Dealer group or financial planning group? A brief technical note." Australasian Accounting Business and Finance Journal. 5 (2), pp. 127-134.
Dealer group or financial planning group?
Santacruz, Lujer. 2011. "Dealer group or financial planning group?" Financial Planning. 23 (10), pp. 42-45.
Strategic asset allocation and portfolio performance
Santacruz, Lujer. 2012. "Strategic asset allocation and portfolio performance." 18th International Business Research Conference. Las Vegas, NV. United States 28 - 30 Oct 2012 Australia.
Corporate risk returns and economic outlook, Australian data
Santacruz, Lujer. 2016. "Corporate risk returns and economic outlook, Australian data." 29th Australasian Finance and Banking Conference (AFBC 2016). Sydney, Australia 14 - 16 Dec 2016 Sydney, Australia.
Asset allocation theory and practice in Australian investment management: reasons for the dichotomy
Santacruz, Lujer. 2016. "Asset allocation theory and practice in Australian investment management: reasons for the dichotomy." The Journal of Wealth Management. 19 (3), pp. 31-48. https://doi.org/10.3905/jwm.2016.19.3.031
Asset allocation theory and practice in Australian investment management
Santacruz, Lujer. 2016. "Asset allocation theory and practice in Australian investment management." The Journal of Wealth Management. 19 (2), pp. 47-67.
Asset allocation: analysis of theory and practice in the Australian investment management industry
Santacruz, Lujer. 2015. Asset allocation: analysis of theory and practice in the Australian investment management industry. PhD Thesis Doctor of Philosophy. University of Southern Queensland.
Financial planning value proposition: Laying the groundwork based on clients’ perspective
Santacruz, Lujer and Brimble, Mark. 2014. "Financial planning value proposition: Laying the groundwork based on clients’ perspective." 3rd Annual Personal Finance and Investment Symposium. Adelaide, South Australia 11 Nov 2015
What do academics think of asset allocation theory?
Santacruz, Lujer. 2014. "What do academics think of asset allocation theory?" Bhuiyan, Md. Mahbubul Hoque (ed.) World Business, Finance and Management Conference (WBFM 2014): Research for Progress. Auckland, New Zealand 08 - 09 Dec 2014 Melbourne, Australia.
The importance of strategic asset allocation
Santacruz, Lujer. 2013. "The importance of strategic asset allocation." Journal of Business and Economics. 4 (3), pp. 242-247.
Investor risk tolerance and general economic mood
Santacruz, Lujer. 2008. "Investor risk tolerance and general economic mood." Hoque, Mohammad Ziaul (ed.) 9th International Business Research Conference. Melbourne, Australia 24 - 26 Nov 2008 Melbourne, Australia.
Dealer group or financial planning group? A case for changing the industry terminology
Santacruz, Lujer. 2010. "Dealer group or financial planning group? A case for changing the industry terminology." Jahan, Nuha (ed.) 13th International Business Research Conference. Melbourne, Australia 22 - 24 Nov 2010 Melbourne, Australia.
Personal financial planning in Australia: an industry analysis
Santacruz, Lujer and Lukashenok, Aleksej. 2009. "Personal financial planning in Australia: an industry analysis." Benson, Karen and Ding, David (ed.) AsianFA 2009: Asian Finance Association International Conference. Brisbane, Australia 30 Jun - 03 Jul 2009 Brisbane, Australia.
Effect of general economic mood on investor risk tolerance - implications for financial planning
Santacruz, Lujer. 2009. "Effect of general economic mood on investor risk tolerance - implications for financial planning." JASSA. 2009 (1), pp. 35-42.
Are benchmark asset allocations for Australian private investors optimal?
Santacruz, Lujer and Phillips, Peter J.. 2009. "Are benchmark asset allocations for Australian private investors optimal?" The Journal of Wealth Management. 12 (2), pp. 60-70. https://doi.org/10.3905/JWM.2009.12.2.060
Optimality of financial planning clients' strategic asset allocation
Santacruz, Lujer and Phillips, Peter J.. 2007. "Optimality of financial planning clients' strategic asset allocation." Moshirian, Fariborz (ed.) 20th Annual Australasian Finance and Banking Conference (AFBC 2007). Sydney, Australia 12 - 14 Dec 2007 Sydney, Australia.
Direct share ownership as a diffusion phenomenon
Santacruz, Lujer. 2007. "Direct share ownership as a diffusion phenomenon." Hoque, Mohammad Ziaul (ed.) 7th International Business Research Conference. Sydney, Australia 03 - 06 Dec 2007 Melbourne, Australia.