The Deloitte International Wealth Management Centre Ranking 2021
Proving its worth in today’s turbulent world
While the full impact on the international wealth management industry is yet to be felt, wealth managers are preparing for the challenges ahead. In particular, technology-driven interactions between clients and their banks are becoming the 'new normal'. The required digital transformation will be costly, and there will be questions about whether investments in digitalisation, differentiated propositions and partnerships are spent in the right way and lead to an improved top- and bottom line performance.
New models of cooperation with clients and local partners, enhanced product offerings and robust but flexible technological platforms are emerging as business priorities in the competition among global private wealth managers located in wealth management centres.