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

Article

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
Article Title

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

ERA Journal ID19140
Article CategoryArticle
Authors
AuthorSantacruz, Lujer
Journal TitleThe Journal of Wealth Management
Journal Citation21 (3), pp. 95-115
Number of Pages21
Year2018
Place of PublicationNew York, United States
ISSN1520-4154
1534-7524
Digital Object Identifier (DOI)https://doi.org/10.3905/jwm.2018.1.066
Web Address (URL)https://jwm.iijournals.com/content/21/3/95
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.

Keywordswealth management, financial advice, asia pacific
ANZSRC Field of Research 2020350204. Financial institutions (incl. banking)
Public Notes

© 2018 IPR Journals. All rights reserved.

Byline AffiliationsSchool of Commerce
Institution of OriginUniversity of Southern Queensland
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