How to tackle the unmet advice needs of high-net-worth investors

The ifa Show

In this episode of the ifa podcast, host Maja Garaca Djurdjevic is joined by Matt van Dijk, general manager distribution Queensland/Northern Territory at Praemium.

Mr van Dijk joins the show to discuss the unmet advice needs of high-net-worth investors, with recent Praemium research showing that as many as 53 per cent of these investors are in need of quality advice tailored to their unique advice needs.

As the volume of HNW investors continues to grow beyond the $2.8 trillion of investable assets they currently hold, Mr van Dijk details these advice requirements and how advisers can respond.

He also touches on the intergenerational wealth transfer and how advisers can support it.

Namely, with HNW investors anticipating to transfer as much as $1.9 trillion to their children, the challenge for advisers is that over half are managing the inheritance themselves. As such, Mr van Dijk elaborates on what advisers should consider when looking to embed themselves in this transfer.