The mass affluent segment (US$250k–US$1m in financial assets) possesses quite significant wealth. An EY study – Advice goes virtual – reports they hold about US$7t of wealth which is larger than the assets held by mass (< US$250k) and the UHNWI (> US$10m) segment, however it means almost three time more households (14m HH) than the richest two segment in […]
Because of the spread of digital technologies and smart devices it is unquestionable that digital wealth management solutions are playing an increasingly important role. It means that companies who offer financial advisory services need to get their tools to match or exceed the desired level of the customers’ expectations.
Who would not want to have their estate increased by higher yields while having to pay less tax? Many feel the same way, which is why it is no surprise that wealth management companies working with precision technology A-bombs are winning significant markets from conventional players. […]
The demand for digital Wealth Management has continuously been on the rise lately. It is not surprising at all due to the high popularity and wide acceptance of digital and mobile channels, moreover the usage of social media for financial services has totally changed the way how people manage their finances. […]