In a perfect world, wealth management would be based on a powerful blend of human skills and great technology. People would focus on what they do best, talking to customers and exploring their needs and goals. The technology would do what it does best, finding the right portfolio options to recommend and making the back office run smoothly and efficiently.
This kind of ideal marriage of the human and the digital is rapidly becoming a real option for wealth managers. Automation can virtually eliminate the need for human intervention in the back office, while new tools like Avaloq’s Goal-Based Wealth Management can make finding the right balance of risk and desired performance a rewarding and interactive experience for both client and advisor.
The research you can download here looks into the future and illustrates how this hybrid approach is already being put into practice by some of the world’s leading wealth managers.