Realizing this potential will require reaching emerging customer groups, including the estimated 250 million Generation Y and Z customers with annual incomes over $100,000 by 2030
Viewing entries tagged
Wealth Management
Although the vast majority of financial advisors in North America believe that artificial intelligence (AI) will transform financial advice and help drive business growth, there are some challenges to overcome to accelerate adoption, according to new research from Accenture
The good news—wealth management firms have moved to asset management fees and away from transaction revenues—better aligning their services with client needs. The bad news—revenue tied to assets will be challenging in bear markets and the new Covid-19 world.
London-based Finantix announced a partnership with Capita Consulting . The collaboration will see Capita assisting clients in the private banking and wealth management sectors and enable them to launch a customised Finantix platform for their needs.