Introduction
This Strategic Insight report analyses the future place in the market for smaller wealth management firms and assesses the question of whether organisational size will be a critical success factor in providing wealth management services to HNW individuals in the future. It concludes with an independent analysis of the long-term strategic options and priorities facing smaller firms.
Outlines the strengths, weaknesses, opportunities and threats for a typical European boutique wealth manager
Includes competitive examples and case studies of key initiatives by smaller wealth managers
Future focused with a view to offering wealth managers practical insights into the decisions they have to make
The major problems for smaller wealth managers stem from more limited financial resources to ride out difficult market periods or external shocks and the inability to secure sufficient capital to invest in developing their business. This has become more obvious in recent years as volatile markets have taken their toll.
Boutique wealth managers' choice of ownership structure is fundamentally important to the range of strategic options they open up for themselves and is key in determining the product and service proposition that they can realistically deliver.
Small independent wealth managers are far from doomed, but equally do not have universally good prospects. Those that fail to act to develop their future market position will suffer, but those that take a proactive approach to shaping their strategy and business model have a range of attractive options to pursue.
Equip yourself with a fuller understanding of the challenges they face and the strengths they should seek to exploit to achieve success
Gain insight into the emerging competitive landscape, allowing small wealth managers to identify their place in the complex competitive picture
Identifies the key choices facing wealth managers and pinpoint actions and priorities depending on the strategic route they decide to take
This Strategic Insight report analyses the future place in the market for smaller wealth management firms and assesses the question of whether organisational size will be a critical success factor in providing wealth management services to HNW individuals in the future.