Under the umbrella of the Wealth Management Sector (“WMS”) there are two departments in total, namely:

               1. Client Relations Department
               2. Investment Placement Department

WMS' objectives concentrate on the following:

• • Addresses the clients’ most important concerns and aspirations, from coordinating investment strategy and managing risk in multiple portfolios.
  • Ensures in-depth understanding of every client’s specific needs and objectives by conducting extensive and ongoing client profiling.
  • Tailors a wealth management approach that takes into account all client goals/objectives —for their investments, and for their lives, and maintains regular contact with clients to re-assess their needs in accordance with their lives’ stages and changing micro and macroeconomic conditions.
  • Close support from various business sectors plays an essential role in meeting the needs of clients.
  • With a client-focused attitude, WMS acts as a liaison between the clients and the “investment product” departments within NIC whereby clients’ investment needs and wants are continuously communicated.
  • Participates in product development efforts and contributes to NIC’s overall strategies. To that end, WMS conducts market intelligence research to ascertain market trends, performances and fee structures to assist in product development.
  • Develops unique relationships with the clients and long-term partnerships built on trust and prudence aiming at increasing clients’ loyalty, increasing the company’s client base and, therefore increasing NIC’s AUM overall.
  • Maintains professional communication and service to clients via sending regular reports about the Kuwaiti market’s performance, monthly client statements, and AGM updates among others.
  • WMS makes wealth of financial and investment expertise available to the clients and presents the best solutions appropriate for each client’s situation so that we can build robust portfolios that perform well over time.