The flat fee advisor's charge remains $10,000 regardless of portfolio growth, while the AUM advisor's fee increases with the portfolio, costing $25,000 for a $5 million estate.
High net worth individuals are acutely aware of the global forces shaping their financial future, with trade tensions and geopolitical risks being a priority concern.
The latest Wealth Index Report from Saltus indicates that confidence in the UK economy has fallen sharply among high net worth individuals, with only 48% remaining confident.