This paper, commissioned by SimCorp and produced by Aite Group, is based on conversations with a range of professionals at asset and wealth management companies who have shared their knowledge of their firm’s client reporting and servicing strategy. The findings can be grouped into two subsections: the current state of play…

Wealth management firms in Asia have ambitious growth goals for both assets under management (AUM) and revenue. Higher AUM correlates with client satisfaction—which in turn maps to clients’ experience with mobile and with their relationship manager (RM). To meet their goals, firms should re-imagine the design of digital…

Wealth and asset management firms are facing a formidable triad of challenges: rising costs, shrinking margins, and intensifying customer demands. It’s a somewhat unenviable position for an industry long perceived as enviable by other sectors, especially in terms of consistent profitability over long periods of time. The…

Global Public Investors are widening their radius. The policies of 850 institutions with worldwide investible assets of $42.7 trillion have a profound effect on global markets. They will have a significant role in the postpandemic global recovery. The 8th annual edition of the GPI shows performance and practices across a…

Robo-advice is a hotly debated topic in the fintech space. On the one hand it has opened up the low-wealth market, that was previously unservable, to be advised at lower costs and increased transparency. On the other hand, it is often a dressed down version of full advice, only considers a limited number of asset classes and…

Advances in financial technology have led to the development of easy-to-use online platforms referred to as robo-advisors or digital-advisors, offering automated investment and portfolio management services to retail investors. By leveraging algorithms embodying well-established investment principles and the availability of…

28% of High Net Worth (HNW) clients plan to switch wealth managers over the next three years. This is the latest finding from the 2021 EY Global Wealth Report. Notably, they’re planning to move their money over to FinTech platforms, which enjoyed a generous boost over the 2020 lockdown period. So, what’s driving today’s…

Orbium and Accenture have published the second edition of the Wealth Management C-Level Survey. With participation from over 50 top tier private banks and wealth managers across Europe and Asia, managing a combined $5.6tn AUM the findings provide valuable insights on the outlook to 2025.

Throughout the 20th century, Wealth Management was a privilege for large wealth holders. This concentration meant that Wealth Management companies had a very narrow and homogenous client base. In recent years, a disruptive trend has emerged in the industry. Driven by technological innovation, new digital services have been…

Digital technology is changing everything – assets, currencies, payments, trading, portfolio management – and transforming the underlying business models of the wealth industry. The accelerated pace of technological change and the language of digital revolutions and transformations are accompanied by business risks that are…

Technology-driven change has been a fact of life for wealth managers since the arrival of digital platforms, applications and robo-advisors. Now the industry is implementing artificial intelligence (AI) and sophisticated analytics. Yet adoption of these newer technologies alone won’t be enough to guarantee success. This…

A swell in the number of digital information sources, coupled with the rapid growth in storage capacity, computational power, and connectivity, has led to data being created and processed on unprecedented scales. Seven decades into this global digital revolution, investors have a wealth of data to parse and manipulate with…

This report examines the state of robo-advising. Looking at business models, the authors see that robo-advisors, discount brokerages, and full-service wealth managers have value propositions that target different customer bases. Many of the discount brokerages are well scaled with material cost advantages, while the…

The world is living through one of the most transformative times in human history. The rise of technology has altered how we live and the speed with which we engage with one another. But how does this impact wealth management – a proposition predicated on personal service, where clients pay for solutions and advice tailored…