Wealth Managers Who Ask For Referrals Double Their Chance Of Being Recommended By Clients

SEI Study

Date:

Wealth Managers Who Ask For Referrals Double Their Chance Of Being Recommended By Clients

Author: Alicia Miguel

Wealth managers who directly ask for referrals on a consistent basis are the most likely to get them

Respondents from the West (the Americas and Europe) are more likely to recommend wealth managers if they demonstrate stability, good performance, personal service, and integrity

In Asia Pacific, the region with the highest average number of recommendations, nearly 45 percent of clients are asked for referrals quarterly