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Servicing the super-rich: new financial elites and the rise of the private wealth management retail ecology

Beaverstock, Jonathan V.; Hall, Sarah; Wainwright, Thomas

Authors

Jonathan V. Beaverstock jonathan.beaverstock@nottingham.ac.uk

Sarah Hall

Thomas Wainwright

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.

Journal Article Type Article
Publication Date Aug 19, 2011
Journal Regional Studies
Print ISSN 0034-3404
Electronic ISSN 0034-3404
Publisher Taylor & Francis (Routledge)
Peer Reviewed Peer Reviewed
Volume 47
Issue 6
Institution Citation Beaverstock, J. V., Hall, S., & Wainwright, T. (2011). 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
DOI https://doi.org/10.1080/00343404.2011.587795
Keywords Financialization, Financial elites, Wealth management, Private banking
Publisher URL http://www.tandfonline.com/doi/abs/10.1080/00343404.2011.587795#.UyTaDFF_sb0
Copyright Statement Copyright information regarding this work can be found at the following address: http://creativecommons.org/licenses/by/4.0

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