Across a generally robust wealth management landscape, significant changes are taking hold, accelerated by technology and bold digital strategies.
Many firms have invested in new technology over the past several years, yet several market conditions and trends in wealth management are expediting the need to further integrate, operationalize and upgrade legacy systems. Here’s what’s happening in the market – and what to watch for in the coming year.
Client assets have been on the upswing for several years. Thirty-four percent of investors now have more than $100,000 in investable assets, according to Expectations & Experiences: Borrowing and Wealth Management, the most recent quarterly consumer survey from Fiserv. However, challenges remain.continue reading »