Inside the mind of the high net worth client

clock

Around half of high net worth (HNW) individuals place themselves in the ‘balanced' risk category, while the majority expect to pay less for financial advice than they would for an accountant or lawyer.

Consultants MDRC asked 4,000 individuals, each with more than £500,000 in free investable assets, about their attitude to investing and the advisers they hire to help them. Its report, UK High Net Worth 2011, shows HNWs are growing in number and are increasingly looking for good, clear, trustworthy advice. Enter the mind of your next HNW client: Attitude to investing Balanced - 51.8% of HNW women and 48.1% of men place themselves in the 'balanced' risk category. Looking for advice - 55.8% do not wish to be actively involved in the management of their assets, although 61.2% of ...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

Advisers can help cut through the noise for overwhelmed clients

Advisers can help cut through the noise for overwhelmed clients

'In an era marked by information overload, advisers transform uncertainty into clarity'

Ahmed Bawa
clock 07 August 2025 • 4 min read
Native capture: Why it's non-negotiable for modern compliance teams

Native capture: Why it's non-negotiable for modern compliance teams

‘Regulatory reviews require not just the message, but the full story’

David Clee
clock 07 August 2025 • 4 min read
Aviva scraps final additional charge on adviser platform to offer single, transparent fee

Aviva scraps final additional charge on adviser platform to offer single, transparent fee

Move to remove ETI charges aligns with Consumer Duty

Sahar Nazir
clock 06 August 2025 • 2 min read