As a WealthTech leader and technology partner to more than 50% of Canada’s wealth management professionals, Croesus regularly publishes blog posts on industry issues and trends.
This blog is a wealth of information for financial advisers and portfolio managers who want to leverage technology to be more efficient, more effective, and provide better service to their clients.
We have put together a top five of the most-read articles of 2023:
1st place: Guide your investors: How to prepare for a recession
With inflation continuously rising, interest rates climbing, and the energy crisis in full force, many economists feel a global recession is inevitable. In this context, it is good practice for financial advisors to prepare their clients by taking both portfolios and personal balance sheets into consideration.
2nd place: The four best wealth management client segmentation niches
For years, most financial advisers have rightly focused on the traditionally wealthier groups of customers. A range of attractive investor segments are now emerging. With them, target audiences are changing and are more diverse than ever.
3rd place: Guide your clients to financial wellbeing in retirement
Financial advisers are uniquely responsible for helping their clients secure their financial wellbeing. This is particularly true in their retirement years. However, recent market fluctuations and high inflation rates have made achieving this considerably harder for advisers.
4th place: Client segmentation for financial advisers to grow your client base
By limiting themselves to certain key demographics, financial advisers can find it difficult to increase revenue and expand their business. When it comes to marketing, standing out from the crowd, expanding their client base, and growing their revenue, investor segmentation is paramount.
5th place: How FinTechs optimise wealth management firms
The introduction of FinTechs in the wealth management space has brought about tremendous changes in how financial services are delivered. These new technologies have focused primarily on client wants and needs, although catering to financial adviser desires is just as important.
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