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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Oliver Wyman, & JPMorgan Chase. (November 17, 2014). Main reason clients leave their wealth management provider in Europe as of 2014 [Graph]. In Statista. Retrieved April 23, 2021, from https://www.statista.com/statistics/445684/wealth-management-firms-clients-dissatisfaction-europe/
Oliver Wyman, und JPMorgan Chase. "Main reason clients leave their wealth management provider in Europe as of 2014." Chart. November 17, 2014. Statista. Accessed April 23, 2021. https://www.statista.com/statistics/445684/wealth-management-firms-clients-dissatisfaction-europe/
Oliver Wyman, JPMorgan Chase. (2014). Main reason clients leave their wealth management provider in Europe as of 2014. Statista. Statista Inc.. Accessed: April 23, 2021. https://www.statista.com/statistics/445684/wealth-management-firms-clients-dissatisfaction-europe/
Oliver Wyman, and JPMorgan Chase. "Main Reason Clients Leave Their Wealth Management Provider in Europe as of 2014." Statista, Statista Inc., 17 Nov 2014, https://www.statista.com/statistics/445684/wealth-management-firms-clients-dissatisfaction-europe/
Oliver Wyman & JPMorgan Chase, Main reason clients leave their wealth management provider in Europe as of 2014 Statista, https://www.statista.com/statistics/445684/wealth-management-firms-clients-dissatisfaction-europe/ (last visited April 23, 2021)