BANKING DEVELOPMENT: WEALTH MANAGEMENT
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Author(s): | Kovalev A. E., Mitrokhin V. V., |
| Number of journal: | 4(37) | Date: | November 2016 |
| Annotation: | The article examines the concept of wealth management in the context of development prospects of the Russian banking, outlines the key types of services implemented in the framework of wealth management. The current trends of wealth management services development in the Russian Federation are analyzed from the position of the current and potential capacity of the relevant market. The aspects preventing more active development of the market not only by the banks but by non-bank financial institutions are indicated. The authors made conclusion about the existence of the essential Russian economic reality conditions, which restrain the development of banking wealth management, thereby reducing the efficiency of the entire domestic banking sector. |
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| Keywords: | wealth management, bank, private banking, HNWI, investments, national economy, family equity, private equity, trust management. |
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| For citation: | Mitrokhin V. V., Kovalev A. E. Banking development: wealth management // Business. Education. Law. Bulletin of Volgograd Business Institute. 2016. No. 4 (37). P. 70–74. |
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