Latest Blogs
Creating Future-Ready digital wealth management platforms
The wealth management landscape is experiencing a profound shift as digital solutions reimagine how advisors serve their clients and investors manage their wealth. Digital wealth management platforms are at the forefront of this revolution, empowering financial institutions to provide personalized, data-driven advice at scale – all while enhancing client experiences. However, these platforms must evolve […]
ESG & Alternative Assets – Impact on Wealth Management Investment Strategy
Changing Business Environment The shift in economic policies in the US, UK & the European Union in the post pandemic period, involving high interest rates and tightening liquidity had its impact in the Wealth Management (WM) business too. After more than a decade of sustained growth, global volume of Assets Under Management (AUM) declined for […]
Leveraging Technology For Wealth Management Operational Efficiency
Profitability Pressures The average global operating profit margin of Wealth Managers fell by 11.6% between 2020 & 2022. Wealth Management (WM) firms have been feeling the pressure of rising cost of operations, with personnel cost estimated to be a major factor. The pre-tax profit margins of WM firms declined by a little more than 12% […]