What exactly is the value of advice?

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Drawing on surveys of thousands of Canadians, researchers have crunched the numbers and concluded that advisors contribute to higher levels of wealth. Below are a few of the findings.

Spotlight

Maybank

Maybank Group is the leading financial services provider in Malaysia catering to the needs of consumers, investors, entrepreneurs, non-profit organisations and corporations. The Group, which has expanded internationally, has the largest network among Malaysian banks of over 2,400 branches and offices in 20 countries, employing over 44,000 Maybankers and serving over 22 million customers. It is the only regional bank with a presence in all 10 ASEAN countries (as of November 2016).

OTHER ARTICLES

5 Ways AI can Transform Fintech Industry

Article | February 25, 2020

Fintech is one of the fastest-growing industries, owing to the rising penetration of internet users. There is a paradigm shift to mobile devices for performing financial transactions and related actions. Behind the booming fintech market, there are several technologies that are contributing to making the system fast, secure, and scalable. One such technology is Artificial Intelligence (AI). The AI in the fintech market is estimated to reach USD 35.40 billion by 2025 ( Mordor Intelligence).

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Why the Future of Open Banking Belongs to Platforms

Article | February 25, 2020

The platform economy is revolutionising the $50bn global deposits business. By separating the product provider and financial point of sale, banks can now choose whether they want to collect deposits for financing or offer deposits as a product, without one depending on the other. While the deposits business has not always been perceived as one of the most innovative areas of banking, it is now leading the charge towards a better connected and more functional industry. This is bringing massive benefits to customers and institutions alike.

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Building Towards a Sustainable Future

Article | February 25, 2020

Over the past few months, in the midst of our global health crisis, some have questioned the connection between sustainability and the broader issues weighing on our society. But if we take one lesson away from these intersecting crises, as our CEO Mike Corbat has said – it is that our physical and economic health, our sustainability and resiliency, and social justice are inextricably linked.

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Coronavirus is slamming markets. What’s an investor to do?

Article | February 25, 2020

With the markets on Thursday taking their biggest fall since 1987’s Black Monday and the record-setting bull run now a thing of the past, the average investor with a nest egg tied up in a 401(k) might feel powerless to stanch the blood-letting. In many cases, sitting tight amid the mayhem and stock market gyrations is the best approach, though some believe there could be steps an investor can take to limit the damage.

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Spotlight

Maybank

Maybank Group is the leading financial services provider in Malaysia catering to the needs of consumers, investors, entrepreneurs, non-profit organisations and corporations. The Group, which has expanded internationally, has the largest network among Malaysian banks of over 2,400 branches and offices in 20 countries, employing over 44,000 Maybankers and serving over 22 million customers. It is the only regional bank with a presence in all 10 ASEAN countries (as of November 2016).

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