The WealthTech Book : the FinTech Handbook for Investors, Entrepreneurs and Finance Visionaries

Description

Content: Intro The Wealth Tech Book Contents Preface About the Editors Acknowledgements 1 Introduction Executive Summary The Augmented Investment Management Industry Clients are Changing Connecting Market Data and Client Data The Fourth Epoch -- The Marketplace of Wealth Management FinTech Disruption Across the Wealth Management Value Chain -- Will FinTech Dominate the Wealth Management Model of the Future or is there Still a Place for Traditional Wealth Managers? Definition of Wealth Management Wealth Management Value Chain What's Driving Disruption in the Wealth Management Industry? Changing Customer ProfileWhere is the Current FinTech Development Focused Across the Wealth Management Value Chain? Where Will Innovation Disrupt the Wealth Management Value Chain? How Can Existing Wealth Managers Address the FinTech Challenge? Partnering Buying Building Wealth Managers Need to Consider Partnering with FinTechs to Keep Up With the Pace of Innovation Disruption of the Wealth Management Value Chain Has Just Started Embracing Emerging Technology WealthTech -- Business as Unusual The Attraction for High-Net-Worth Individuals. Collaboration with the Wealth Management IndustryLooming Danger of Becoming Obsolete Competing Against Mutual Funds Test of Survival for FinTech Companies RegTech Becoming Stricter Conclusion Welcoming an Artificial Intelligence Robot as a Colleague Essential Digitization in Wealth Management Becoming Millennial-Minded is Key for WealthTech Embrace New Technology Realize that you Can't Rely on your Brand's Laurels "To Infinity and Beyond!" -- Building WealthTech Applications has Never Been Easier "LEGO" -- Enabled Bricks for Applications. So How are the "Lego" Bricks Being Put Together?Once the "Lego" Pieces are Found, and Relationships Linked ... What are the Opportunities Moving Forward? Where Can WealthTech Go Next? 2 Digitizing Client Advisory and Robo-Advisors Executive Summary Ten Reasons Why Digital Wealth Management Will Become a Worldwide Market Standard What Do Wealthy Clients Think About Digital Wealth Management? Today's Client Preferences Tomorrow's Client Preferences Technological Affinity Projections Conclusions Challenges of Digitizing Wealth Management Advisory The Hybrid Advice Model. The Future is Now for Digital AdviceNo "One Size Fits All" -- Personalized Client Service and Social Selling in Wealth Management The Era of Wealth Management/Private Client Disconnect Starting a New Approach Step 1. More Targeted Prospecting Step 2. More Personal Engagement and Awareness Step 3. Offering a Bespoke Value Proposition Step 4. Impressing in Meetings and Closing Deals Step 5. Optimizing Client Retention to Drive Organic Growth There is More to Be Done in a Slowly Changing Landscape How to Give "Sleep-Tight" Robo-Advice How Gamification Can Attract Consumers to Sign Up.