Will the Winners Continue to Win?

Mark Hopkins, Executive Director of ORM London shares his slides from The Forum’s recent Private Banking & Wealth Management event.
Present day wealth mangers’ services match existing client needs due to a loyal satisfied and largely ageing client base. But are these services sufficient to meet the needs of the next generations with inherited and entrepreneurial wealth transferring to competitors, self-direct investing or even new challengers? How does the current model appear to a younger demographic that has been schooled in technology with very different expectations on what good looks like?
Regulation and the cost of compliance is changing the investment landscape and this, combined with technological changes will make the new world look and feel very different from the old.
What models will emerge and how can traditional brands adapt and evolve to ensure the HNW’s of tomorrow remain with you?