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Dissertation
Audit of the wealth management
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Year: 2018 Publisher: Liège Université de Liège (ULiège)

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Abstract

In this study, we were interested in the Wealth Management offer on the Belgian market. The objective was to establish map of the products and services offered to thus type of clients. We considered the core businesses, like portfolio management and estate planning; but also satellite businesses: philanthropy, accompanying in Art, etc. To realise this study, interviews were conducted with eight banks totalling 184 Billion EUR under management for the Private Banking clientele in Belgium. These are retail banks as well as pure players, large asset managers as well as smaller asset managers.
This distinction between pure players and retail banks is important. The role of the branches network of the latter as business introducer is significant and their size confers them an advantage to face the burden of regulation.
The role of the private banker was also highlighted as a decisive element for a good relationship with one’s bank. If the private banker establishes a long-lasting trust relationship with their client, the latter will be reluctant to change. There is the rub with online management or robo-advisors. These cannot develop this unique and personal link.
To conclude, Wealth Management is today a mature market. Therefore, growth goes through taking away market shares from competitors. It is crucial to be attentive to stimulate every point that creates durable ties between the client and the bank and that are difficult to copy. Dans cette étude, nous nous sommes intéressés à l’offre de gestion de fortune sur le marché belge. L’objectif était d’établir une carte des produits et services offerts à ce type de clients. Nous avons envisagé les activités principales, comme la gestion de portefeuille et la planification patrimonial ; mais aussi les activités annexes : philanthropie, accompagnement en Art, etc. Pour réaliser cette étude, des interviews ont été menées auprès de huit banques rassemblant 184 Milliards EUR sous gestion pour la clientèle banque privée en Belgique. Celles-ci sont aussi bien des banques de réseau que des joueurs purs ; des gros gestionnaires d’actifs que des plus petits gestionnaires d’actifs.
Cette distinction entre joueurs purs et banques de réseau est importante. Le rôle du réseau de ces dernières en tant qu’apporteur d’affaires est conséquent et leur taille leur confère un avantage pour affronter le poids de la régulation.
Le rôle du private banker a aussi été mis en évidence comme l’élément déterminant d’une bonne relation avec sa banque. Si le banquier privé établit un lien de confiance durable avec son client, celui-ci ne voudra pas en changer. C’est là que le bât blesse pour les gestions en ligne ou les robots-conseillers. Ceux-ci ne peuvent pas développer ce lien unique et personnel.
Pour terminer, la gestion de fortune est aujourd’hui un marché à maturité. Dès lors, la croissance passe par prendre des parts de marché aux concurrents. Il est crucial d’être attentif à favoriser tous les points qui créent une attache durable entre le client et la banque et à ceux qui sont difficiles à copier.


Book
The Future of Tech Is Female : How to Achieve Gender Diversity
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ISBN: 1479819700 1479875171 Year: 2018 Publisher: New York, NY : Baltimore, Md. : New York University Press, Project MUSE,

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An accessible and timely guide to increasing female presence and leadership in tech companies Tech giants like Apple and Google are among the fastest growing companies in the world, leading innovations in design and development. The industry continues to see rapid growth, employing millions of people: in the US it is at the epicenter of the American economy. So why is it that only 5% of senior executives in the tech industry are female? Underrepresentation of women on boards of directors, in the C-suite, and as senior managers remains pervasive in this industry. As tech companies are plagued with high-profile claims of harassment and discrimination, and salary discrepancies for comparable work, one asks what prevents women from reaching management roles, and, more importantly, what can be done to fix it? The Future of Tech is Female considers the paradoxes involved in women's ascent to leadership roles, suggesting industry-wide solutions to combat gender inequality. Drawing upon 15 years of experience in the field, Douglas M. Branson traces the history of women in the information technology industry in order to identify solutions for the issues facing women today. Branson explores a variety of solutions such as mandatory quota laws for female employment, pledge programs, and limitations on the H1-B VISA program, and grapples with the challenges facing women in IT from a range of perspectives. Branson unpacks the plethora of reasons women should hold leadership roles, both in and out of this industry, concluding with a call to reform attitudes toward women in one particular IT branch, the video and computer gaming field, a gateway to many STEM futures. An invaluable resource for anyone invested in gender equality in corporate governance, The Future of Tech is Female lays out the first steps toward a more diverse future for women in tech leadership.

Keywords

Women --- Personnel management --- Information technology --- Kvinder --- Teknologi og samfund --- Teknologisk udvikling --- Konsforskelle --- Women executives --- Personnel management. --- Corporations --- Employment management --- Human resource management --- Human resources management --- Manpower utilization --- Personnel administration --- Management --- Public administration --- Employees --- Employment practices liability insurance --- Supervision of employees --- Women as executives --- Women in management --- Women managers --- Executives --- Women middle managers --- Employment of women --- Equal pay for equal work --- Sex discrimination in employment --- Working women in motion pictures --- Employment --- Employment. --- Recruiting. --- Management. --- Occupations --- AltSchool. --- Ann Hopkins. --- Australian Institute of Company Directors. --- Australian Stock Exchange. --- Bryce Holzer. --- CEOs’ career paths. --- Carleton Fiorina. --- Carol Bartz. --- Catalyst. --- Chevron. --- Davies Committee. --- Deloitte Touche. --- Dodd-Frank Act. --- Forbes. --- Fortune. --- Frederick Winslow Taylor. --- Grace Hopper. --- H-1B visa. --- IT industry. --- John Sculley. --- Lean In. --- MBA degrees. --- Meg Whitman. --- Norway. --- Peter Drucker. --- Pew Research Center. --- Pricewaterhousecoopers. --- Regulation S-K. --- Rooney Rule. --- SEC. --- STEM education for women. --- STEM education. --- Safra Catz. --- Sarbanes-Oxley Act. --- Securities and Exchange Commission. --- Sheryl Sandberg. --- Talent to the Top. --- The Last Male Bastion. --- Title VII of the Civil Rights Act. --- advice books for women. --- career customization. --- celebrity directors. --- certificate and pledge programs. --- coding schools. --- comply or explain regimes. --- computer games. --- computer gaming. --- corporate governance theories. --- critical mass theory. --- cyber bullying. --- diverse slate rule. --- diversity in information technology. --- education of female students. --- education policies. --- employment pool problem. --- existential feminism. --- flex time. --- gaming industry. --- glass cliff theory. --- how-to books for women. --- immigration regulations. --- information technology industry. --- information technology. --- leaky pipe phenomenon. --- liberal feminism. --- management by objectives. --- mandatory "a laws. --- mandatory disclosure. --- maternity leave. --- matrix form of organization. --- mentoring and sponsorship. --- objectification of women. --- off-ramps and on-ramps. --- opt-out phenomenon. --- paid family leave. --- scientific management. --- single-sex education. --- structured search. --- trophy directors. --- underrepresentation of women. --- vestibule schools. --- video games. --- women CEOs. --- women in computer science. --- women in information technology. --- women in leadership. --- women in management. --- women in senior management. --- women senior executives. --- women’s employment in information technology.

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