The future of wealth management in Switzerland
Strategy in times of uncertainty
The Swiss wealth management industry faces challenging times, with flattening or even decreasing profitability levels. The underlying causes remain and new drivers of change are adding to the mix that will shape the wealth management industry of the future. The industry continues to consolidate and many banks are deciding to exit the business.
About the report
With this study, Monitor Deloitte presents a picture of what the industry in Switzerland might look like in 2030, and the implications for banks, and we make recommendations about what private banks should be doing today. We also explain how dealing with an uncertain future will require new ways of strategy definition and execution, and a different organizational mind-set.
This study has been carried out in collaboration with 25 executives of leading Swiss private banks, collectively responsible for over CHF 2tn in assets under management.
We are confident that it provides a valuable guide to Swiss private bank executives about the future and its implications, and how to formulate a winning role in a successful Swiss wealth management industry.
What will the wealth management industry in Switzerland look like in 2030?
We always overestimate the change that will occur in the next two years and underestimate the change that will occur in the next ten. Don't let yourself be lulled into inaction.
Blog series: Future of Private Banking & Wealth Management
In a series of blogs we have highlighted how Swiss private banking executives see the future of wealth management in 2030 and discussed the implications.
- The Future of Private Banking & Wealth Management – are you prepared?
- The Future of Private Banking & Wealth Management – The biggest uncertainties
- Scenarios for wealth management in 2030 – an executive perspective
- Wealth management in 2030 – Implications for Swiss private banks, their clients and challengers
- Five things a private bank should do today