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Wealth managers find renewed favour with Europe's richest

Levels of client satisfaction with wealth managers in the region soar to their highest point since 2000, despite huge losses since the crisis

Europe’s wealthiest individuals are more satisfied with the service provided by wealth managers than at any point since the year 2000, according to a survey. This despite an estimated $2.5 trillion being wiped off the combined worth of region’s richest people by the financial crisis.

UK-bases consultants MDRC polled more than 2,000 high net worth individuals in Europe in February and found that the overwhelming majority, 82%, thought the overall wealth management was "good" or better. This represented the highest percentage in a decade.

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