Having spent years trying to coax clients to trial and adopt new technologies, the speed and magnitude of change in wealth management due to the global COVID-19 pandemic has been incredible. Moving forward, the client journey will necessarily be a virtual one, which offers an interesting path to growth for the industry if it is willing to respond by creating a new digital proposition—and embrace a changing role for the wealth advisor.
Improve awareness and education around existing analytical tools to elevate client engagement
Capitalize on client willingness to continue embracing digital
Consider introducing a digital-only wealth management proposition
Download our newly released eBook, Wealth's Path to Growth, to learn how your firm can accelerate its digital transformation to meet and exceed the growing needs of your clients.