This statistic shows the distribution of underlying confidence and trust drivers, according to customers of wealth management companies in the EMEA region (Europe, Middle East, Africa) as of 2016. As the data shows, the majority of responding clients of wealth managers and private banks operating in the countries of the region considered the transparency in portfolio performance and fees or commissions earned to be the primary driver for their confidence in the service. Firm reputation came second in the survey, with 41 percent of the client sample choosing this option.
Trust drivers for clients of wealth management services firms in EMEA as of 2016
* Priorities balanced between the three aforementioned categories.
The source adds further notes regarding the methodology: "EY wealth management practice surveyed more than 2,000 individual clients and 60 wealth management senior executives globally to demystify client experience and uncover potential revenue opportunities for wealth managers."
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EY. (August 8, 2016). Trust drivers for clients of wealth management services firms in EMEA as of 2016 [Graph]. In Statista. Retrieved October 31, 2024, from https://www.statista.com/statistics/710315/wealth-managemet-client-trust-emea/
EY. "Trust drivers for clients of wealth management services firms in EMEA as of 2016." Chart. August 8, 2016. Statista. Accessed October 31, 2024. https://www.statista.com/statistics/710315/wealth-managemet-client-trust-emea/
EY. (2016). Trust drivers for clients of wealth management services firms in EMEA as of 2016. Statista. Statista Inc.. Accessed: October 31, 2024. https://www.statista.com/statistics/710315/wealth-managemet-client-trust-emea/
EY. "Trust Drivers for Clients of Wealth Management Services Firms in Emea as of 2016." Statista, Statista Inc., 8 Aug 2016, https://www.statista.com/statistics/710315/wealth-managemet-client-trust-emea/
EY, Trust drivers for clients of wealth management services firms in EMEA as of 2016 Statista, https://www.statista.com/statistics/710315/wealth-managemet-client-trust-emea/ (last visited October 31, 2024)
Trust drivers for clients of wealth management services firms in EMEA as of 2016 [Graph], EY, August 8, 2016. [Online]. Available: https://www.statista.com/statistics/710315/wealth-managemet-client-trust-emea/