Dec 8, 2022 | Due Diligence, Thought Leadership, Wealth Intelligence | WealthCheck
Among the many unanticipated consequences of the pandemic has been an explosion of wealth that occurred during the recovery period. A record 218,200 people entered the ranks of “ultra high net worth” (meaning assets over $30 million) in 2021, an increase of 46,000...
Oct 4, 2022 | Due Diligence, Thought Leadership, Wealth Intelligence | WealthCheck
The Chinese High Net Worth (HNW) market is growing rapidly and is fiercely competitive. As the population ages, generational wealth is expected to grow at a similar pace. Equities, property, and alternative investments dominate the Chinese HNW asset portfolio. The...
Feb 9, 2017 | Beneficial Ownership | OwnerCheck, Thought Leadership, Wealth Intelligence | WealthCheck
Source-of-wealth diligence is much more challenging today than it was even a few years ago. Regulators are urging financial institutions to go deeper with their verification processes —without offering detailed guidance — while also stepping up enforcement actions and...
