Regulation and market maturity mean winners can keep winning – if they avoid big mistakes
Wealth management is domestically focussed but regulation – and the need for optimal scale – is challenging players across many countries to re-think operating models, the approach to consumer engagement, the interaction with financial advice and inorganic growth strategies.
NMG works with wealth managers including pension administrators, platform providers and financial advice firms to navigate this changing environment with a focus on inorganic growth, distribution, marketing and market participation strategies.
For more information on how NMG can help transform your wealth management business, contact one of our partners or consultants below.
The recommendations of the Quality of Advice Review will force large institutions back to the table on advice and re-define digital advice models. While the Review does little to address the cost or availability of comprehensive advice, the potential flow-on implications for customer-facing channels should not be underestimated.
The underlying competitive advantages enjoyed by banks, coupled with changing regulatory settings could combine to enable the previously unthinkable, the (sensible) return of Australian banks to retail advice.
Industry:
Jane leads NMG’s custom insights practice in London. She is responsible for NMG’s qualitative and quantitative bespoke client studies in the UK and Europe, with a specialist focus in wealth and asset management.
Industry:
Oliver leads NMG’s North American operations and is focused on the wealth management, asset management and pensions industries. He works closely with senior management teams and boards on M&A engagements and strategic…
Industry:
Hamish is responsible for NMG’s global insights practice. He has extensive experience in the asset management, wealth management and insurance industries, particularly in areas of distribution strategy…
