Servicing the super-rich: new financial elites and the rise of the private wealth management retail ecology
Servicing the super-rich: new financial elites and the rise of the private wealth management retail ecology
The ways in which individuals' everyday lives have become increasingly tied into the international financial system has become a widely studied dimension of research on financialization. However, the ways in which financial elites consume financial services has received far less attention. In response, research on financial elites and retail financial ecologies is combined here to understand the private wealth management industry that has developed to service these financial elites. Drawing on original research on private wealth management firms, it is argued that examining the development and nature of this new financial ecology is important in understandings of financialization and its uneven geography.
financialization, financial elites, wealth management, private banking, city of london
834-849
Beaverstock, Jonathan S.
1f3ae62a-00ec-415b-bcef-a96db01bfb20
Hall, Sarah
741e3f1c-6689-4707-8951-b18228e94958
Wainwright, Thomas
b3ed7db0-1679-4068-8241-744328946468
2013
Beaverstock, Jonathan S.
1f3ae62a-00ec-415b-bcef-a96db01bfb20
Hall, Sarah
741e3f1c-6689-4707-8951-b18228e94958
Wainwright, Thomas
b3ed7db0-1679-4068-8241-744328946468
Beaverstock, Jonathan S., Hall, Sarah and Wainwright, Thomas
(2013)
Servicing the super-rich: new financial elites and the rise of the private wealth management retail ecology.
Regional Studies, 47 (6), .
(doi:10.1080/00343404.2011.587795).
Abstract
The ways in which individuals' everyday lives have become increasingly tied into the international financial system has become a widely studied dimension of research on financialization. However, the ways in which financial elites consume financial services has received far less attention. In response, research on financial elites and retail financial ecologies is combined here to understand the private wealth management industry that has developed to service these financial elites. Drawing on original research on private wealth management firms, it is argued that examining the development and nature of this new financial ecology is important in understandings of financialization and its uneven geography.
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e-pub ahead of print date: 19 August 2011
Published date: 2013
Keywords:
financialization, financial elites, wealth management, private banking, city of london
Organisations:
Strategy, Innovation & Entrepreneurship
Identifiers
Local EPrints ID: 340859
URI: http://eprints.soton.ac.uk/id/eprint/340859
ISSN: 0034-3404
PURE UUID: 1f91353b-edee-4b93-8dd0-29fe0ddf0e0e
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Date deposited: 04 Jul 2012 13:19
Last modified: 14 Mar 2024 11:31
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Contributors
Author:
Jonathan S. Beaverstock
Author:
Sarah Hall
Author:
Thomas Wainwright
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