Wealth Advisor Benchmarking

Introducing FOX’s Multi-Family Office and Wealth Advisor Benchmarking

FOX is pleased to announce the launch of its multi-family office and wealth advisor benchmarking.  Our goal is to provide industry executives with the most in-depth source of operating metrics on multi-family offices and wealth advisory firms.
 
With better data, we believe industry executives will be able to make more effective decisions—for example about the workloads of their advisors—and communicate more effectively with stakeholders. 

 

Issue Focus

  • Profitability and growth metrics
  • Pricing methodologies and fees
  • Talent and productivity

 

Who Should Participate?

Firm Characteristics

FOX invites any firm that provides a combination of planning and investment advisory services to ultra-wealthy firms to participate in benchmarking. All firms should serve more than one unrelated family group and should be for-profit.  This definition would include both registered investment firms, private banks with an ultra-high-net-worth platform, trust companies and other financial services firm.  Where necessary, FOX will adjust its reporting and analysis to reflect meaningful business model differences. 
 
Members and Non-Members
 
Recognizing that data quality and analysis is enhanced by larger number of participants, FOX welcomes participation from non-members. All participants, regardless of membership status, will receive access to a comprehensive readout of benchmarking results. FOX members will receive enhanced reporting (e.g., detailed segmentation analyses) and more customized delivery (e.g., custom data pulls, phone consultation, in-person briefings). 

 

How to Participate

  • Members contact your relationship manager
  • Non-members call 312-327-1200

 

Timing

  • The survey is open until September 17
  • Data will be delivered to participants in October 2012

 

What Participation Entails

  • Participation will likely require no more than 2-3 hours of total staff time
  • FOX encourages members to complete all portions of the survey. Where necessary, FOX will accept partial responses.
  • FOX staff are on standby to support survey completions. Please call 312-327-1200 if you require assistance.