As their level of income and assets rises, high-net-worth investors are looking for investment managers that can provide unique investment opportunities, tax-advantaged solutions, low costs and, most importantly, consistent returns and performance over the long term, said Darren Farkas, vice president of product solutions at Fidelity Canada.
Managing risk and preserving capital for future generations are also top concerns, Farkas continues.
In Canada, high-net-worth investors control 76% of the nations financial wealth, and this influence is projected to reach 84% by 2016.
Managers from Fidelity and its institutional subsidiary,