The 2009 PricewaterhouseCoopers Global Private Banking / Wealth Management Survey is now available:
www.pwc.com/wealth
The Global Private Banking and Wealth Management Survey 2009 was completed by 238 companies in 40 countries and gives a fascinating insight into the themes and trends impacting the world of wealth management as well as practical suggestions for actions wealth managers should be taking.
Reflecting the different aspects of a wealth management business, our Survey is split into six underlying sections covering: performance, client service, products and services, talent, operations and technology and risk management.
In our view, there are three underlying themes that will define the future of the private banking and wealth management industries:
The emergence of "Nouveau Classic" banking
Adaptation of business models, specifically the drive for process efficiency and improved service; and
Increasing political, fiscal and regulatory pressures.
This report will be followed by supplementary reports looking at specific aspects of the survey findings in more detail.
1 comment:
The biggest item, in my opinion, to affect Wealth Management the world over will be regulatory pressures and issues. We still don't know what will happen with regulation once control of congress changes in November 2010.
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