Nearly 30 percent of high-net-worth clients are considering switching their wealth management provider, new research from fintech firm Avaloq shows.

High fees and poor performance were the top two reasons given for wanting to switch financial adviser, while 43 percent said they would switch because their needs were not being considered while 42 percent said it would be because of infrequent communication.

Avaloq surveyed high-net-worths in ten countries including th...