Digital disruption in wealth management
Why firms should pay attention to emerging digital business models
Established wealth management firms can learn from startup firms with digital business models that are entering the wealth management industry.
Wealth management industry
Analysis of more than 50 wealth management firms shows how the disruptive power of the digital business model is creating opportunities for new firms to make a big splash in the wealth management industry.
If established wealth management firms don’t adjust their business models to address these startups, they may find themselves at a significant disadvantage in the marketplace. But, those firms that learn to use digital technologies to address unmet needs and deliver a superior client experience may be able to leapfrog the competition and capitalize on emerging market opportunities.