Middle East Wealth Management Forum 2020 - Exclusive Insights - Prashant Tandon - 2

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1. Are the majority of MFOs firms truly independent? How should clients decide which firm is best to use?

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1. Are the majority of MFOs firms truly independent? How should clients decide which firm is best to use?

I'll start with the second part of the question first. Yes, the clients will have a tough time deciding which MFOs to go with, which is why having two elements in the client's favour would work. One, having a very transparent client-centric model. Putting the client in the front and centre of everything that you do is going to be very important, and then to have a bespoke offering, being a thought leader in the industry, and having a differentiated platform and the offering for client will definitely be key, which I guess would be the key ingredients on deciding which MFO the client appoints as their trusted advisor.

 

 
 
 
 

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