Like most other finanical services, wealth management is feeling the stresses of digital transformation, changing demographics and cost pressures. Today, a handful of big-name banks and brokerage companies dominate the sector. But the ranks of boutique firms angling successfully for a growing cohort of well-heeled clients are expanding rapidly. The “next generation” of wealth management is forming at warp speed, according to journalist Helen Avery. Financial professionals will find her wide-lens report on industry shifts instructive and insightful.
In this summary, you will learn
- What types of firms are making headway in the wealth management industry,
- What the sector giants and boutique firms offer as their selling points, and
- How the powerhouses of the wealth management industry plan to hang on to their lead.
About the Author
Helen Avery is a financial journalist and an editor at Euromoney.