Wealth Advice – Edition 01/2017

/Wealth Advice – Edition 01/2017

Background

The meaning of a Kodak moment is not what it used to be. Two decades ago, it referred to a precious human moment worth capturing with a photograph. Today, it represents the demise of an industry powerhouse that failed to effectively respond to the disruptive forces of new technological innovations (digital photography), changing consumer behaviors (smartphones substituting cameras), and new competitors entering the market (e.g. Apple, Samsung, etc.).

The wealth management industry today faces a similarly challenging market environment. New technologies are empowering consumers to expect more of their providers, enabling unprecedented degrees of transparency, and promising a much more personalized user experience. At the same time, regulators are trying to prevent consumers from being sold inappropriate (high-margin) products, which is accelerating the trend toward lower-cost products like passive funds.

publication-wealth-advice-2017-01

Authors

Prof. Dr. Ernst Mohr

Professor of Economics, Institute for Customer Insight, University of St. Gallen

Robert Ruttmann

Founder of Redesigning Financial Services, Institute for Customer Insight, University of St. Gallen

Olaf Toepfer

Managing Partner, EY

Giles Keating

President, Werthstein Institute

R. Jesse McWaters

Project Lead – Disruptive Innovation in Financial Services World Economic Forum

Luting Ye

Research Fellow at Redesigning Financial Services, Institute for Customer Insight, University of St. Gallen

Lee Davidson

Head of Quantitative Research Morningstar, Inc.

Andreas Zingg

Head of ETF Distribution Management, Vanguard

Bastian Lossen

Co-Founder and Chief Executive O cer, Werthstein AG

Philipp Zollinger

Principal, swissQuant Group AG

Dr. Sebastiano Rossi

Head Quant Research, swissQuant Group AG

Eunice Zehnder

CEO, IPM AG

Sille Krukow

Founder of KRUKOW

Dr. Tobias Schlager

Postdoctoral Researcher, University of St. Gallen

Alfonso Gómez

CEO, BBVA Suiza

Kristine Braden

Citi Country Officer, Citibank Switzerland, Monaco and Liechtenstein

GET IN TOUCH WITH US!