segments involving emerging high-networth investors and women ; and service models comprising holistic advice , digital engagement , and fee modernisation . Against the backdrop of a changing regulatory environment and looming disruption from ‘ big tech ’, incumbents must balance retaining existing assets with growth opportunities , as firms build and deepen relationships with next-gen investors .”
Shipp says : “ With growth expected to rise significantly in the next 3-5 years , there ’ s a revenue opportunity linked to these actively managed products . Advanced technology , low trading fees , and the proliferation of fractional shares has democratised access to investors across the value chain . Following the wave of acquisitions in 2020 and 2021 , firms are scrambling to integrate these strategies as part of their portfolio .”
Digital currencies a transformative force within wealth management As well as the new raft of demographics to cater to , the financial landscape has changed significantly over the past decade . With the growth of cryptocurrency – which enjoyed a surging transaction rate of 912 % in 2021 compared to rates in 2020 – wealth managers need to make sure they can