LUX
Wealth Management
Wealth management firms require transformative leaders if they want to remain competitive.
Whilst many of the big markets have caught up to their pre-crisis levels, profit margins remain squeezed as increasing competition from new entrants, strict compliance demands and bloated backroom services leave many wealth management firms, boutiques and private banks struggling to make a profit.
To compete effectively and return to pre-crisis profits, firms require executives with the strategic experience to redefine a firm’s product range to focus on core competencies and add value to their customer service.
Luxembourg
Luxembourg has a long tradition of wealth management and is today a leading centre of expertise within the Eurozone. Local private banks and family offices specialise in handling international clients who have complex business and family profiles stretching across several countries.
Private Banking represents an important activity of the Luxembourg financial centre. Banks, institutions or wealth managers dedicate a large part of their efforts to delivering individually-tailored services.
At Odgers Berndtson Luxembourg, we work closely with our clients to find experienced managers to strengthen their businesses and stimulate growth.
