THE ROLE OF FIDUCIARY ACCOUNTANTS IN WEALTH MANAGEMENT
ABSTRACT
This study explores the role of fiduciary accountants in wealth management, focusing on asset preservation, tax optimization, and regulatory compliance. A survey design was employed to collect data from fiduciary accountants and wealth managers, offering insights into their practices and challenges. Using Taro Yamane's formula, the sample size was calculated to be 360 from a population of 6,500 fiduciary accountants in Lagos, ensuring statistical accuracy. Lagos was selected due to its significant wealth management activities and high concentration of high-net-worth individuals. The survey instrument achieved a reliability coefficient score of 0.88, indicating high reliability. Findings reveal that fiduciary accountants play a crucial role in wealth management by ensuring asset preservation and tax optimization, though they face challenges related to regulatory compliance and evolving client needs. The study recommends continuous professional development and collaboration with legal experts to enhance the effectiveness of wealth management services.
ABSTRACT
This research work investigated the effects of micro-financing on Micro and Small Enterprises (MSEs) in South-w...
ABSTRACT
One of the features of a living language is that it constantly changes with new words finding their way into th...
ABSTRACT
In this research study titled an evaluation of the role of NDIC to bank depositors and their services adequacy....
BACKGROUND OF STUDY
Prior to the emergence of industrial revolution, man’s choice of occupation w...
ABSTRACT
People in poor countries tend to have less access to health services than those in better-off countries, and wi...
ABSTRACT
This study empirically examines the Impact of Monetary Policy on Industrial Growth in Nigerian...
Abstract: The research topic is the impact of government policies on adult education programs. This study aimed to analyze how different gover...
Abstract
The gradual shift from the offline to online communication s...
ABSTRACT
Secondary education occupies a critical position in the education system because of its dual role of preparing students for high...
Background of the study
The recent phenomena of email-overloading in daily life and business have creat...