Client Centric

AAA

DEFINITION of 'Client Centric'

A specific approach to doing business that focuses on the customer. Client centric businesses ensure that the customer is at the center of a business's philosophy, operations or ideas. These businesses believe that their clients are the only reason that they exist and use every means at their disposal to keep the client happy and satisfied.

INVESTOPEDIA EXPLAINS 'Client Centric'

Client centric has long been a buzzword in service-oriented industries such as the financial services. Firms that strive to be Client Centric often do so by offering one-stop shopping for middle-income customers. Others may provide a suite of high-level services for high-net worth clients.

RELATED TERMS
  1. Dividend Clientele

    A group of shareholders with a preference regarding how much ...
  2. Clientele Effect

    The theory that a company's stock price will move according to ...
  3. Financial Planner

    A qualified investment professional who helps individuals and ...
  4. Lien

    The legal right of a creditor to sell the collateral property ...
  5. Non-Client Order

    An order on an exchange made by a participant firm or on behalf ...
  6. Know Your Client - KYC

    A standard form in the investment industry that ensures investment ...
Related Articles
  1. 5 Services To Usher In New Clients
    Professionals

    5 Services To Usher In New Clients

  2. Advisors: How To Help Young Clients ...
    Professionals

    Advisors: How To Help Young Clients ...

  3. Catching Comeback Stocks For Clients
    Brokers

    Catching Comeback Stocks For Clients

  4. Deal Effectively With Difficult Clients
    Brokers

    Deal Effectively With Difficult Clients

comments powered by Disqus
Hot Definitions
  1. 80-10-10 Mortgage

    A mortgage transaction in which a first and second mortgage are simultaneously originated. The first position lien has an ...
  2. Passive ETF

    One of two types of exchange-traded funds (ETFs) available for investors. Passive ETFs are index funds that track a specific ...
  3. Walras' Law

    An economics law that suggests that the existence of excess supply in one market must be matched by excess demand in another ...
  4. Market Segmentation

    A marketing term referring to the aggregating of prospective buyers into groups (segments) that have common needs and will ...
  5. Effective Annual Interest Rate

    An investment's annual rate of interest when compounding occurs more often than once a year. Calculated as the following: ...
  6. Debit Spread

    Two options with different market prices that an investor trades on the same underlying security. The higher priced option ...
Trading Center