Does your wealth management portfolio have what it takes to attract today's affluent clientele? Or are they looking elsewhere?

The competition intensifies for many banks and non-banks to recruit and retain high-net-worth-individual clients. Wealth Management is one of the biggest growth areas in the financial services industry for both the banking and non-banking sectors. Many have already or are implementing private wealth or private banking to their financial institutions and the competition is heating up. It's causing many to reach outside their traditional market. A percentage of banks and institutions recognize that they need to target the 1-10 million-dollar market rather than solely concentrating on the ultra-high-net-worth investor.

In order to maintain a competitive edge, banks and institutions are also going outside their portfolio to satisfy their clientele. Open architecture vs. proprietary products is a major industry issue and one that's controversial. Allowing your advisors to go outside your network in order to provide additional products and services to investors are just some of the new changes and trends that have taken place. But, could this enhance or harm your portfolio in the long run?

Many banks and financial institutions are recognizing the need to consolidate in order to strengthen their presence. It's also a means of providing services that they would not have been able to prior to consolidation, but what are the challenges they are facing in the marketplace.

SourceMedia's 5th Annual Wealth Management Forum will provide you with the latest analysis, trends and challenges to help you succeed in the marketplace . This timely forum will provide participants with the latest trends, opportunities, and challenges when servicing the affluent clients, wealth management and private banking. As the competition intensifies for many banks and non-banks to recruit and retain high-net-worth-individual clients, they are looking to adopt "open architecture" and consolidation to increase their market presence. This forum is developed for senior level executives and allows for unparalleled interaction with executives within your peer group. This year, we will once again feature Wealth Management's foremost thought leaders as they discuss such topics as:

• "Open architecture" vs. propitiatory products
• Current and future trends of consolidation in wealth management
• Recruiting and Retaining profitable clients
• Structural Modeling behind the private client group