The big picture Wealth Managers had a banner year Millions of “New Investors” flocked to $0 fees account Trading volume doubled at Fidelity in 2020 These new investors are younger, diverse and not mass affluent Banks, fintech and now Asset Managers have all launched accounts dedicated to “teens” The goal…

The big picture The latest editorial from the Economist landed with a bang. The tenured magazine thesis is simple. If Central Banks start to issue government coins using blockchains they may deeply disrupt the banking system as we know it. The Economist describes a world where citizens could have a…

The big picture Asset managers are looking at fintech firms for innovative partnerships They have multiplied, partnerships, investments and acquisitions of fintech firms Most firms are switching from a view of competition to one of collaboration and integration Technology is a key component of services delivery in asset management AM…

How Cryptocurrency is entering Asset and Wealth Management The big picture Crypto is no longer the realm of obscure grey markets, dark web traders. It’s officially mainstream. The Coinbase IPO was the event that definitely put the crypto currency space into the official line-up of financial services. Square, Paypal, Venmo…

The big picture According to McKinsey, A seamless customer experience can be worth at least as much as a superior product or efficient process — building customer loyalty, reducing costs, making employees happier, and boosting revenues significantly. Today, the majority of customers contact a brand via chat. Covid-19 forced the…

How AI is transforming the Real Estate Industry The big picture The Real Estate industry is ripe for disruption The Real Estate business is being digitized and the industry is extremely conservative The industry is excessively manual, according to a study from AppFolio and John Burns, the lack of automation…

The big picture The National Association of Insurance Commissioners reported in March 2020 that the use of AI by insurers has grown exponentially over the past few years and that “the acceleration in AI is being driven by exceptional technological advances along with a major shift in customer expectations.” More…

The big picture The Coronavirus got people back to fitness. A recent study by Freeletics shows that 80% of men are exercising more now without access to their gyms than before Covid-19. Here are some of the key drivers of change in the Wellness market Customers want personalized services: from…

How AI is Transforming Investment Research Leaps in computer processing abilities, allowing the cost of quality processing tech to decrease. Increase in the availability of accessible data, which AI can use as needed. With cloud capabilities, the cost of storing decreased AI for investment guidance and data analysis is now…