Do you know of any examples of other investments companies treatment towards or lack of for the ethnic communities ? I am trying to search the web, however so far I have not seen any.
Do you have a defnition for high net worth client?
Also I am unclear about this ethnic segment. I thought this group had not been targeted previously by other institutions. If they have, what exactly are you doing different? If others target them do they not cater to their ethnicity also? Any examples of other companies treatment or lack of for this group?
Merrill Lynch does try to target these high networth groups in their private client group due to the high income and investment capability of people of ethnic origin. Also, I am forwarding you a link regarding initiatives of Merrill Lynch in this arena:
This group had been been ...
Investment companies and ethnic communities