Market Reports
published on Aug 31, 2023
Report Overview:
This report provides an update to NelsonHall’s assessment of the Wealth & Asset Management Services market in the light of recent market developments.
Who is this Report for:
NelsonHall’s market update for Wealth & Asset Management Services is designed for:
- Sourcing managers investigating sourcing developments within the financial services sector
- Vendor marketing, sales, and business managers developing strategies to target service opportunities within the financial services sector
- Financial analysts and investors specializing in the financial services sector.
Scope of this Report:
This Market Update report updates NelsonHall's assessment of the Wealth & Asset Management Services market, including:
- A recap of the key points from our last market assessment
- A summary of significant market developments since then
- A brief analysis of how the wealth & asset management industry is responding to changing market dynamics.
Key Findings & Highlights:
This report provides an update to NelsonHall’s assessment of the Wealth & Asset Management Services market in the light of recent market developments.
Our forecast anticipated growing numbers of HNWIs globally, which has yet to happen. We also forecast changing customer preferences but underestimated how fast those changes would occur. This has caused the industry to focus on improved customer experience and personalization of wealth management advice and services.