Wealth managers at a crossroads
Shining a light on four scenarios, which illustrate the potential future and resulting implications of the private banking and wealth management sector of tomorrow.
The current state of wealth management
The wealth management sector is currently facing headwinds, but also opportunities such as technological progress, price sensitive yet highly demanding High Net Worth Individuals, and rising compliance costs, to name but a few. FinTechs, BigTechs, large insurers and asset managers are entering the market with new, highly competitive solutions powered by big data analytics. Moreover, the recent speed of change will likely only increase over the years to come.
Performance magazine issue 29, May 2019
Performance is a triannual digest, dedicated to investment management professionals, which brings you the latest articles, news and market developments from Deloitte’s professionals and clients.