Although wealth managers are keen to espouse the bespoke nature of their services, firms are grappling with how to make their businesses scalable.
This inherent dilemma is becoming more apparent as businesses face the growing costs and hurdles associated with regulation.
David Lough, chairman of Heartwood Wealth Management, argues that over the past 25 years advances in technology and thought have been applied to investment management, helping to create economies of scale.
Speaking at the CISI Wealth Management Conference, Lough said: ‘What I want to suggest to you is that the story of the past 25 years has been the application of thought and technology and through this there has been scaling into investment management solutions
Walang komento:
Mag-post ng isang Komento