Wealth Managers’ facing stiff Competition with Rise of Self-Directed Investments : Ken Research

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Wealth Managers facing stiff Competition with
Rise of Self-Directed Investments
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• Technological advancements and digital revolution
  has resulted in increased number of DIY
  investments
• More than 1/4th of the global HNW wealth is
  self-directed without the assistance of wealth
  managers.
• Ken Research has announced its latest publication
  on, Self-Directed Investors Implications for
  Wealth Managers Understanding How Self-Directed
  Investment Affects the Wealth Management
  Industry, which offers detailed analysis of the
  global landscape of HNWs. The findings of the
  report are based upon 2015 Global Wealth Managers
  Survey. The publication examines primary drivers
  in the self-directed investment market along with
  the key reasons behind the wealthy individuals
  decision for building their portfolios without
  any professional assistance. The wealth
  management industrys competitive landscape and
  product environment is also included in the
  report. Additionally, the report also compares
  drivers for self-directed investments between
  emerging and developed economies.

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• The wealth management industry is set to reform
  under pressure from technological advancements,
  price-sensitive consumers and regulatory changes.
  Significant advances in digital technology has
  led to the advent of robo-advisors that offer
  automated investment solutions. Robo-advisors are
  based on the idea that the tasks performed by a
  human Registered Investment Advisor (RIA) can now
  be replicated by advanced software based on
  artificial intelligence. The USP of robo-advisors
  include lower costs and ease-of-use. Thus, young
  HNW individuals have showcased interest in
  robo-advisors instead of traditional wealth
  managers.

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• Moreover, there has been a rise in the
  first-generation entrepreneurs and HNWs who
  believe in Do-It-Yourself investments. This is
  because a large number of HNWs belong to the
  emerging economies such as Asia-Pacific. In
  addition, the increasing popularity of ETFs
  (Exchange-Traded Funds) and P2P (Peer-to-Peer)
  has started to affect the business of wealth
  managers. These platforms are seriously
  challenging the traditional brokerage business
  models while damaging the profitability of the
  wealth managers. As a result, it has become
  imperative for wealth managers to focus on the
  needs of clients who tend to self-direct. Even
  though discretionary and advisory asset
  management services are more premium and
  profitable, there has been a decline in the
  number of HNWs who use these services. Research
  shows, execution-only mandates constitute 19.1
  of total HNW assets held with wealth managers.
  Although clients in developing economies tend to
  prefer unadvised services, the US represents the
  biggest market opportunity in terms of
  self-invested assets.

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• The Global Wealth-Management Industry
• Wealth Management is one of the most appealing
  and growing sectors within the financial services
  industry. There are two primary reasons behind
  the same. Firstly, wealth management businesses
  have opened up as lucrative business options that
  have great growth prospects and lower need for
  initial investments. Thus, financial firms that
  have reached maturity and are facing difficulties
  in recording growth have turned towards wealth
  management as a new avenue for earning higher
  returns and profitability. Secondly, wealth
  management services have now become essential for
  attracting and retaining retails customers over a
  long period of time.
• Some of the trends governing the wealth
  management industry
• New generation of visionary investors
• Digital revolution
• Advent of automated investment services through
  robo-advisors
• Challenging investment environment that requires
  diversification
• Shifting demographics and age of the investors

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• Key Topics Covered in the Report
• The global landscape of self-directed investments
  
• Global drivers for self-directed investment
• Competitive landscape of the wealth management
  industry
• Detailed profiles of leading players
• Detailed product environment in the self-directed
  market

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• To know more on coverage, click on the link
  below
• https//www.kenresearch.com/banking-financial-serv
  ices-and-insurance/financial-services/wealth-manag
  ement-industry-/8488-93.html
• Related Reports
• Self-Directed Investors Implications for Wealth
  Managers Understanding how self-directed
  investment affects the wealth management
  industry.
• Self-Directed Investments Implications for
  Wealth Managers
• Contact
• Ken Research
• Ankur Gupta, Head Marketing Communications
• query_at_kenresearch.com
• 91-124-4230204

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