New Oliver Wyman wealth management report: Running faster to stand still

  • Assets under management growth is expected to slow from 7% p.a. over the past five years to 5% p.a. until 2020
  • To sustain profitability, the industry will need to redesign the ‘core’ high-net worth service model and digitize parts of the value chain
  • The industry should explore new sources of value creation, such as platforms that enable investors to access opportunities such as growth stage financing or direct real estate investments

LONDON, July 21, 2016 – Oliver Wyman today released its first report on wealth management in a new initiative that will become an annual series of in-depth reports on the sector. The aim of the report is to provide insight into the outlook for the wealth management industry at a time of sustained interest in the sector among investors and financial institutions.

 

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Oliver Wyman is a global leader in management consulting. With offices in 50+ cities across nearly 30 countries, Oliver Wyman combines deep industry knowledge with specialized expertise in strategy, operations, risk management, and organization transformation. The firm has more than 4,700 professionals around the world who help clients optimize their business, improve their operations and risk profile, and accelerate their organizational performance to seize the most attractive opportunities. Oliver Wyman is a wholly owned subsidiary of Marsh & McLennan Companies [NYSE: MMC]. For more information, visit www.oliverwyman.com. Follow Oliver Wyman on Twitter @OliverWyman.