IDEAL ADVICE
Figure 17
Private bank
The survey was conducted by PwC and CACEIS between April and May 2010 across a representative sample of investment product distributors: private banks, IFAs, fund platforms, universal banks, online banks, and insurance companies. Their businesses are based in major European markets, including Austria, Belgium, France, Germany, Italy, Luxembourg, Switzerland and UK. They serve a wide range of investors, from retail investors to ultra HNWI. The survey covered several areas concerning distributors and advisors of investment products in Europe, namely current methodology to profile clients, product selection process, nature of advice offered to clients, channel and content of information delivered to clients and relation between distributors and product manufacturers. Appendix 2 PwC/CACEIS Financial Advisor/Distributor survey 2010
3%
3%
7%
Types of organisations
Independent financial advisor
10%
Fund platform
10%
54%
Universal bank
13%
Online bank
Source: PwC/CACEIS Financial Advisor/Distributor survey 2010
Insurance company
Other
Figure 18
13%
Continental Europe (Austria, Belgium, France, Germany, Italy, Luxembourg, Switzerland)
Origin of participants
37
UK
87%
Source: PwC/CACEIS Financial Advisor/Distributor survey 2010
Figure 19
Participation of the Top 10 European banks
Yes
40%
60%
No
Source: PwC/CACEIS Financial Advisor/Distributor survey 2010
Made with FlippingBook - professional solution for displaying marketing and sales documents online