Market Research Report
Self-Directed Investors: Implications for Wealth Managers; Understanding how self-directed investment affects the wealth management industry.
|Published by||GlobalData||Product code||354082|
|Published||Content info||50 Pages
|Self-Directed Investors: Implications for Wealth Managers; Understanding how self-directed investment affects the wealth management industry.|
|Published: March 12, 2016||Content info: 50 Pages||
Although advisory and discretionary asset management services are more profitable to wealth managers, they cannot afford to ignore the needs of clients who self-direct. Globally over a quarter of HNW wealth is invested independently of wealth managers' mandates. Furthermore, a large chunk of assets already brought to wealth managers sits within execution-only platforms. Technological and regulatory changes in the financial services industry have affected the drivers for investors to self-direct in recent years. Understanding these factors is crucial to ensure the long-term profitability of wealth managers' business.
This report draws on our 2015 Global Wealth Managers Survey to analyze the independent HNW investors' landscape across the globe. It sizes the market for self-directed investments and examines the key drivers behind wealthy individuals' decision to build their portfolios without professional advice. The competitive landscape and product environment are also analyzed. Specifically, the report: