Digital Leaders in Wealth Management - Winners secure talent and empower advisors
This report identifies the “best of the best” of digital wealth managers for the past year. These firms demonstrate strong digital organization, clear digital leadership and strategy, a secure talent and leadership pipeline, and a willingness to innovate early and often. (see list of analyzed wealth managers below).
Based on an in-depth analysis of the performance across the key digital touchpoints of mobile, website, and social media, this report identifies the top 21 digital wealth managers worldwide. We then evaluate their comprehensive digital leadership and transformation strategies to determine 2018’s “top 11” digital leaders.
The report also includes an extensive profile of each of top digital leaders for 2018 including an overview of key strengths and weaknesses of their digital transformation. Each profile also includes a showcase featuring a best practice where the digital leader is uniquely cutting edge.
This highly granular report not only analyzes current performance across multiple digital touchpoints and holistically, but also highlights missed opportunities for long-term success—and ways to overcome these.
Wealth managers, banks, fund managers, IT vendors and consultants will find answers to the following questions:
- Which banks and wealth managers have firmly established digital as a strategic priority for their wealth management business? What do these successful digital transformations look like?
- Which providers perform best across all digital channels, and which ones are best for websites, mobile apps and social media?
- Which organizations have successfully managed to shift to a culture of innovation? How was this achieved and what can wealth managers learn from these successes?
- Which firms are most prepared for long-term digital leadership and which are at risk for stalled digital transformations down the road?
- Which wealth mangers offer the best digital advisor journey? Which firms have given advisors priority in their digital transformations?
- In which fields did the wealth managers improve compared to the previous rankings? Where did they lost ground?
- Which firms have the most secure digital leadership and talent pipelines? Why is securing talent so important and how can this be achieved?
- Which wealth managers have prioritized innovation? What types of innovation are prioritized?
The report provides detailed analysis and data-driven insights on how to develop a digital strategy across channels to win and keep wealthy clients:
- Top 21 ranking for cross-channel performance and by channel (websites, mobile apps, social media)
- Top 11 ranking of the leaders for digital strategy and leadership
- Evaluation of ranked wealth managers’ digital strategies and delivery along numerous criteria in areas such as strategic transformation, digital leadership and innovation mindset
- Detailed profiles, evaluations and showcases of the top 11 ranked digital wealth management leaders and an analysis of what makes them unique
- Key factors for securing ling-term success in digital leadership
- How to shift to a culture of innovation, deliver the best digital presences and to avoid the FinTech culture trap.
- Recommendations on how to make sure that digital presences satisfy digital and analog clients alike
The report includes more than 30 graphs, charts and screenshots, and it comes with three additional files:
- Key insights deck containing an easy-to-understand six-slide presentation that summarizes key findings for quick sharing
- Comprehensive data-appendicies (spreadsheet) containing thorough evaluations of each firm and a detailed ranking of the 21 analyzed wealth managers.
- Special social media data-appendix evaluating the performance of analyzed wealth managers on main social media channels
Analyzed Wealth Managers
- ABN AMRO Private Banking
- BNP Paribas Private Bank and Wealth Management
- Citi Private Bank
- Credit Suisse
- DBS Private Banking and Wealth Management
- Deutsche Bank
- Investec Wealth Management
- JP Morgan Private Bank
- Julius Baer
- Merrill Lynch
- Nedbank Private Wealth
- Morgan Stanley
- Société Générale Private Bank
- US Trust
- Wells Fargo Wealth Management