Facts schmacts! We just want a good story

Wealth management clients might well ask what they are paying for, and whether they are getting value for money.

Although traditionally wealth managers have prided themselves on inhouse research, they are starting to concede they may not be quite up to the job. Recent research found more than 39 per cent of UK wealth managers felt their equity research coverage was inadequate, whether sourced entirely inhouse or using a mixture of inhouse and external sources.