Evaluation Criteria - Wealth Management - Asset Protection
Best of Luxury evaluates and ranks the best wealth management firms which help high net-worth individuals plan for the protection and insurance of their assets. Each of the wealth management firms in the rankings have undergone a meticulous evaluation of the professional services carried out by the independent research team overseen by professionals and experts which maintain years of experience in the wealth management industry. The rankings represent the best based on the results to help those looking for financial services catering to high net-worth individuals.
Top 5 Criteria
Maximum Score
Our methodology for researching and evaluating wealth management services featured on our website is a meticulous process in which our research team evaluates various critical and vital aspects of the luxury market. Our network of professionals and enthusiasts of wealth management services provides us with a wealth of information, personal experiences, and resources for identifying each of the best asset protection services. Our comprehensive evaluations of asset protection services are based on experience, historical performance, professionalism, planning, and communication.
Experience focuses on the quality and quantity of years of experience professionals of each firm generally maintain when providing asset protection services. Professionals are queried based on the types of accounts which they general handle currently compared to their history.
The historical performance of the firm as a whole is also another part of evaluating asset protection companies in order to compare them to other firms. Their history of successful services and overall usefulness to their clientele is compared.
The professionalism achieved by the asset protection firm is also considered during the evaluation to understand how each firm conducts business, treats their customers, and handles events of collection and information inquiries.
Planning refers to the process which each asset protection firm uses to identify assets for protection, the goals of the individual, and the right processes and procedures to ensure that assets are sufficiently protected.
Communication focuses on the overall efficiency and security in all written and electronic communication. A higher degree of personalization and adequate information is expected during the evaluation process.
Our process for evaluating and ranking wealth management services is meticulous in examining the most vital aspects of the asset protection services. Our evaluation covers asset protection services which help high net-worth individuals protect their assets and provide stronger financial privacy. We continue to monitor the market for changes in styles, performance, expectations, and new offerings that improve upon the expectations and results of each asset protection service.
