New Investors Want New Companies
June 9, 2021
IPOs are more attractive to new investors than ever before. For most of investing history, private equity and IPOs have been harder for retail investors to be a part of, but information and fintech are increasing access for retail investors. Novice investors are also drawn to these types of investments, driving the fintech innovation into IPO launches, but by and large many IPOs remain closed off to retail investors. This has forged and cemented a place for alternative launch platforms or companies that have broadened their investment availability. Firms in this market are mostly new businesses but they have drawn an impressive amount of capital from reputable banks and investors. Younger investors see themselves as planting the seed for future companies and getting in on the ground floor of a large potential upside. However, many investors should be cautious as a significant proportion of newly listed companies can pose an increased risk.
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Advisors Must Adapt to the Changing Needs of Wealthy Clients
June 9, 2021
Wealth and investment management are ever-changing, but a new generation of clientele is shifting that landscape even more quickly. High net-worth individuals (HNWI) are more interested in ESG investing than ever, 27% of those with more than a million dollars in investable assets are interested in sustainable investing. As more intergenerational wealth is transferring a new generation is taking the reins and signaling different interests. Many want customized solutions to meet their needs. Clients demand personalized products, digital solutions, and data analytics tailored for their needs. Additionally, clients have more international investments than ever, and navigating that can be difficult. Specialized monitoring and optimized tax advice help clients navigate their global portfolios. Meeting the needs of the next generation of wealthy will be difficult, but those equipped with the tools to do so will have the edge.
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