Capital Asset Management is a founder member of the Aurora Group, an alliance that
aims to plug the gap in the market for independent, customer-focused advice. Aurora
Group will offer a service that is more personal than the big banks, and yet more
widely resourced than the smallest firms.
THE AURORA GROUP MISSION STATEMENT
The primary purpose of this group is to share ideas and best practice amongst some of the leading boutique wealth management practitioners and to help shape the future of the advisory profession to the advantage of clients.
The independent wealth management companies within the Aurora Group, a group free of any product provider ownership or influence, firmly believe that the UK retail financial services market is evolving rapidly for the benefit of private clients. Moving forward, it is likely that high street banks will dominate sales and distribution of financial products to the mass market. By contrast, the needs of high net worth private clients are increasingly being served by independent ‘micro boutique’ wealth managers encompassing comprehensive financial planning and investment consultancy.
Historically served by Private Banks and stockbrokers in this area these individuals and families are now finding that the delivery of personalised advice and planning as well as investment management by a new generation of more sophisticated, client focused, highly qualified professional firms offers advantages over the previous methods. Our experience indicates that High Net Worth clients are becoming increasingly attracted to this new model.
Further experience tells us that wealthy individuals prefer the continuity of service and personal relationships offered by boutique businesses that can work closely with them over many years. Now that boutique Wealth Managers have access to sophisticated planning techniques and the systems and products previously only available to the largest operators we are able to deliver a highly comprehensive yet bespoke range of services to this demanding client sector.
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