Large wealth management firms: costs per direct employee UK 2014-2016

This statistic shows the value of cost per direct employee (full-time equivalent) of private wealth management firms and private banks in the United Kingdom (UK) form 2014 to 2016. Wealth management is a broad category of financial services, which includes management of client's assets, and optimization of investment portfolio, according to client's financial goals and objectives. Private banking provides services that might not include investments. It typically centers around high-net-worth-individuals (HNWIs) financial needs, offering personalized care of clients' finances, either by public or private financial institution. According to the data, the cost per employee amounted to 166 thousand British pounds in 2015, and decreased to 165 thousand British pounds in 2016.

Business costs of wealth management firms and private banks per direct employee in the United Kingdom (UK) from 2014 to 2016

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Source

Release date

February 2017

Region

United Kingdom

Survey time period

2014 to 2016

Special properties

large private banks or wealth management companies.

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Statistics on "Wealth management in Europe and the United Kingdom (UK)"

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