In today's data-driven world, wealth management firms are grappling with an immense amount of information. Account data, revenue tracking, financial instruments, and regulatory requirements all contribute to the mountain of data that must be efficiently handled and...
In this digital era, where information is abundant and technology is constantly advancing, it is imperative for wealth management firms to embrace a data-driven culture. By doing so, they can unlock the power of data and use it to their advantage, making informed...
Data analytics in wealth management is increasingly becoming more vital. Globally, a growing number of financial services firms are using big data analytics to improve internal operations, mitigate risk, and boost profits. They also rely on data analytics to help them...
Defining Direct Business Direct business is not a well-understood model within the wealth management industry, and there is little authoritative information on the practice. To further confound an already obscure topic, direct business goes by many names, including...
A recent article from industry research group Kehrer Bielan Research & Consulting, Needed: Better Tracking and Reporting, highlights how tracking the right KPIs remains a struggle for many wealth management programs. It affirms our belief in the importance of...