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
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