Helping wealthy clients, especially younger ones, make a social impact and providing them with credit, holistic advice and digital access to services represent major opportunities for wealth managers, according to the 2015 World Wealth Report.

“There’s a huge opportunity for wealth managers to provide advice and services around social impact,” says William Sullivan, global head of market intelligence for Capgemini Financial Services, which co-authored the report along with RBC Wealth Management. “Over 90 percent of high-net worth individuals say it’s important to spend time driving social impact. But we found there’s a gap between the support they’re getting and what they’d like to get, especially among younger clients.”

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