Capturing the Next-Generation Investor: What High-Tech/High-Touch Mix?
Report Summary
Capturing the Next-Generation Investor: What High-Tech/High-Touch Mix?
Wealth management must address client priorities—including strong financial management technology.
Boston, March 19, 2015 – Wealth managers’ focus on high-net-worth clients has left mass-affluent and mass-market investors with limited options for independent financial advice. Technology-based startups and traditional registered investment advisors are quickly filling this void, leveraging digital technology to deliver low-cost products and services that appeal to investors of all ages and wealth bands. Now, financial advisors must re-evaluate their technology setup to woo the next-generation investor.
Based on several Aite Group surveys and interviews with wealth management firm executives, this research explores generational differences in financial management behavior and discusses the changes wealth management firms must make to remain relevant.
This 21-page Impact Report contains eight figures and one table. Clients of Aite Group’s Wealth Management service can download this report.