Pages: 56
Author: PwC Hong Kong advisory
Global Private Banking and Wealth Management Survey 2009
A new era: redefining ways to deliver trusted advice
TheGlobal Private Banking and Wealth Management Survey 2009 was completedby 238 companies in 40 countries and gives a fascinating insight intothe themes and trends impacting the world of wealth management as wellas practical suggestions for actions wealth managers should be taking.
Reflectingthe different aspects of a wealth management business, our survey issplit into six underlying sections covering: performance, clientservice, products and services, talent, operations and technology andrisk management.
In our view, there are three underlyingthemes that will define the future of the private banking and wealthmanagement industries:
- The emergence of "Nouveau Classic" banking;
- Adaptation of business models, specifically the drive for process efficiency and improved service; and
- Increasing political, fiscal and regulatory pressures.