Thailand Wealth Management Forum 2019 - Exclusive Insights - Dr. Jon Wongswan

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1. Where will the continued growth come from and what are your priorities?

Video transcript

1. Where will the continued growth come from and what are your priorities?

The growth in the wealth management in Thailand, will come in three ways. First, is the new assets. Right now, if you look at the total size of the priority banking assets compared to total assets in Thailand, it is probably around a quarter. It's still a huge amount of money that we can serve for our clients. Second is given the clients in private banking are still underserved in terms of asset classes advice, I think that's another growth area. Third, and something that we are focusing on, is discretionary service. For clients right now, when they want to invest abroad in the global market, it's not easy for them to make decisions. Some of our clients have expressed interest in a service that can offer them a solution through an advisory discretionary mandate.

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