Euromoney’s 2012 FX survey results

Euromoney’s 2012 FX survey results

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February 2011

Private banking: The ins and outs of open architecture

Offering third-party products proved no panacea in the financial crisis, yet clients still distrust an exclusively in-house approach. As the focus returns to increasing revenues, private banks are rethinking their models. Helen Avery reports.


Private Banking and Wealth Management Survey 2011

Press release

Features

Private banks rebuild trust and sharpen their focus

The ins and outs of open architecture

Model portfolios – a private banking solution?

Regaining trust, restoring returns

Brazil’s private banks compete head-on for risk-averse clients

Private banks set Russian growth agenda

Wealth managers chase India’s burgeoning rich

Foreign and local banks battle for China’s golden generation

The Survey
Full results index
Methodology

AN OPEN ARCHITECTURE approach, with private bankers agnostic as to which bank’s products they use for their clients, so long as they are the best products, always seemed more of a marketing ploy than strict reality. High-net-worth clients wanted to believe that their private bank was not steering them deliberately into in-house products to make money for the overall firm, and private banks touted open architecture platforms to assuage their fears.


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