The wealth management, investment management and life insurance industries across the Western world are in a state of seismic change, just as the wealthiest generation of our times ― the baby boomers ― enters retirement. Combined with the needs of this ageing population, regulation in all guises ― including RDR and pension freedoms in the U.K., MiFID II and Solvency II across Europe, and the Fiduciary Rule in the U.S. ― is impacting the nature of permissible business models, distribution and service propositions.

This is providing opportunities for our wealth and investment management clients to embrace discontinuities and step-change their participation in one of the most attractive sectors within financial services. Our clients also continue to explore opportunities both in pensions, including DB and DC pensions for the retired population and in technology-enabled “robo” solutions to millennials.

Clients turn to L.E.K. to provide clarity and strategic support in their search for sustainable business models and profitable growth.

How we help
We work with participants across the investments and life insurance value chain, providing in-depth experience in working with discretionary wealth managers, financial advisory firms (IFAs, RIAs), investment platforms (B2B and B2C), open/closed book life insurance companies, asset managers and funeral plans providers. Our clients also include a number of important service providers to this sector, including trust services, pension administration, tax-efficient wrap providers, technology providers and actuarial consultancies. We have broad-based international coverage across the sector.