I would like to know if there is any difference between heart rate monitors with chest band and the new models with wrist assessment such as Polar M430.
When tested, wrist-based monitors are less accurate than quality chest-strap monitors, albeit with significant differences amongst wrist-based monitors. See e.g.
Article Accuracy of Heart Rate Watches: Implications for Weight Management
Article Accuracy in Wrist-Worn, Sensor-Based Measurements of Heart R...