EY Research

Wealth Managers Compete for up to US$200b in Revenue as 40% of Clients are up for Changes

Date:

Wealth Managers Compete for up to US$200b in Revenue as 40% of Clients are up for Changes
Foto: Rob Gallop . Hasta 200.000 millones de dólares en ingresos pueden cambiar de wealth manager

Author: Fórmate a Fondo

  1. The vast majority (73%) of clients surveyed have relationships with multiple wealth managers
  2. Fifty-seven percent of those would be willing to consolidate their assets with fewer wealth managers for “better pricing,” “better portfolio returns,” and “breadth of products and services
  3. 50% of wealth managers interviewed globally indicated that revenue growth will be the top focus of their strategic business priorities in the next years
  4. Firms appear to be out of step with client expectations in three areas: Transparency, Advice channels, and Role of the advisor