/wealth management

News and resources on wealth, investment management and robo-advisory worldwide.

Embracing Open Banking with Secure and Interconnected APIs
Embracing Open Banking with Secure and Interconnected APIs
Discussion
Wealth Management Challenges in 2020: Client Retention in the Digital Age
Ambrish Parmar

Ambrish Parmar

  Hi, Thank you for posting this blog to the Group, welcome to this group and the community. Many thanks, Ambrish
The Digital Transformation of US Private Banking and Wealth Management - Breakfast Roundtable
A Finextra member

A Finextra member

  Would it b possible to video broadcast this event?
Private banks 'amateurish' on social media - assetinum
Brett King

Brett King

  Finextra stated "Whether consumers want to communicate with financial providers through social media is moot though" citing issues with whether consumers want to talk to Financial Service providers via social media. The research referenced focuses on whether customers would engage financial service providers to discuss a product via social media. However, this is not how social media works, so the answer is predictable.  Research that focuses on customers trusting the brand or engaging for customer support, shows a mass adoption willingness. Which is exactly the opposite of what the editor is trying to imply here i.e. that FIs don't need to worry about social meda "it is moot"... FIs do need to be very concerned about openly engaging with the customers through whichever channel the customer chooses. If you don't support social media properly already today, you are at a significant disadvantage from a brand engagement and credibility perspective.
Morgan Stanley warns customers of data breach
A Finextra member

A Finextra member

  Oh gosh this has all happened before back in 2007 in the UK, Quote from the BBC ... Two computer discs holding the personal details of all families in the UK with a child under 16 have gone missing - data on them includes name, address, date of birth, National Insurance number and, where relevant, bank details of 25 million people ... Both these cases are basic malpractice at an incompetent level and these banks need to do more to protect in a professional way the rightful security of their clients or face potential legal consequences.    
Wealth Management Analysis
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Wealth management in the digital age
/white paper

Wealth management in the digital age

How can wealth management firms use digital technology and cloud platforms to transform their businesses?

The Robots are coming
/research

The Robots are coming

KPMG explores the current robo advising market and how it’s expected to grow, what it means for banks and brokerages, and key business and operating model questions. It forecasts that $2.2 trillion in client assets will be managed by digital wealth platforms by 2020.

The Digital Transformation of US Private Banking and Wealth Management - Breakfast Roundtable
/event information

The Digital Transformation of US Private Banking and Wealth Management - Breakfast Roundtable

Digitalization is having a major impact on private banks and wealth management institutions. They are rethinking their business models and technology strategies to meet the ever-growing expectations of digitally-savvy high-net-worth clients – and to anticipate the evolving needs and demands of their customers over their investing lives.

Elsewhere...