News

Law

Asset Management

Investment Banking

Wealth

Hedge Funds

People

Newsletters

Events

Lists

Crunch time for Concierges

Life is getting tougher for concierge companies, the fairy godmothers at the end of a telephone who promise to fulfil every whim of the wealthy no matter how difficult or bizarre.

Having mushroomed during the boom years, the credit crunch is starting to take its toll on the sector, where annual membership fees are as high as £50,000 (€62,000).

WSJ Logo