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Primary reasons for leaving a wealth manager in Europe as of 2014

Published by Statista Research Department, Nov 17, 2014
This statistic presents the main reasons clients leave their wealth managers in Europe as of 2014. A total of 83 percent of clients cited dissatisfaction with service as the primary reason for switching to another service provider or for choosing to manage their wealth on their own. Poor investment advice and unsatisfactory investment performance were mentioned by 60 percent and 58 percent of the respondents, respectively.

Main reason clients leave their wealth management provider in Europe as of 2014

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Sources

Release date

November 2014

Region

Europe

Survey time period

2014

Special properties

wealth management clients

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