What do you need and want from your money? How would you feel after losing 10% of your investment? Cazenove Capital Management Asia wants to know them all.
That is because individual thinking is central to everything that they do. Apart from finding out your financial requirements and investment objectives, their approach is to take time to understand you. This way, they will be able to deliver a tailored portfolio management service. We speak with Sandy Dudgeon, Managing Director of Cazenove Capital, on the changing needs of clients in the wealth management sector and why building a relationship of trust with you is as important to them as the successful management of your wealth.
Each of our clients is an individual
Central to our business is our belief that each of our clients is an individual and should be treated so. We explore each client’s needs in detail and advise them on the most suitable financial solutions for their particular circumstances. In essence, we ensure that our clients always come first.
When deciding on your best advisor, you need to understand yourself first.
What are your objectives?
What you need and want from your money and when. This can cover both short- and long-term objectives.
How much risk are you willing to take?
How would you feel in certain scenarios, for example losing 10% of your money? It is worth thinking carefully about your potential reactions to these types of situations and to draw on your previous experiences.
How much will it cost?
Many clients do not ask how much they are paying in fees. All fees, not just headline fees. Excessive and opaque costs eat into the potential returns that your portfolio makes. Your adviser will be able to show you the proposed fee on a portfolio and the breakdown.
What level of service can you expect?
Service and communication are undoubtedly important, for example, you quite understandably may want to talk to the same person, and the same team who are managing your portfolio.