• 35% of Millennials see social media as their most reliable source of investment advice.
• 30% of investors want all of their assets – even those from other institutions – to be viewable from one place.
• 35% of Gen X investors choose wealth management advisors based on their tech capabilities.
• 51% of investors aged 35-54 would pay more to receive personalised investment products and services.

Sweeping changes affecting the wealth management sector

The great wealth transfer
Demographic shifts – most notably the great wealth transfer – mean trillions of dollars will be in new hands in the coming years.

Sustainable, value-driven investments
Morals and ethics will play an increased role in strategy as clients want to know the impact their investments have in ESG contexts.

High inflation and economic uncertainty
Geopolitical developments, the pandemic aftermath, and other global trends have had a knock-on effect, driving inflation and threatening long-standing institutions.

Digital transformation and cybersecurity concerns
Clients want better, faster service options – but clients and organisations alike remain concerned about compliance, cyber attacks, and data security breaches.

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