How to foresee your future business landscape

A must-have handbook for professionals looking after the investments of high net worth individuals and families

Big uncertainties are changing the way wealth management professionals will look after the assets and investments of high net worth clients in the years to come.

Entrepreneurial activity, for example, is creating a new kind of affluent investor, and new centers of wealth are emerging around the world. Artificial intelligence and digitization will fundamentally change the way investment decisions are made, as well as affecting client involvement in these decisions. Meanwhile, clients’ expectations are changing, too, as they want their investments to reflect their values and achieve goals in addition to earning a return.

On top of these changes, private banks, family offices, and wealth management firms face the many other uncertainties we all contend with in business: ups and downs of the economy and financial markets, changing political landscapes, new technological innovations, evolving employee attitudes, dynamic competition, new regulations,… the list goes on.

Dealing with uncertainties

Scenario planning is a powerful foresight tool for visualizing alternative futures that could emerge, depending on how these uncertainties resolve themselves. The technique is used by organizations of all sizes to grasp how different their strategic terrain might be in just a few years.

A practical step-by-step guide

Wealth Management 2030 takes you through the fascinating process of crafting alternative scenarios your company could realistically find itself operating in, just a few years from now.

With insights gained from this process, you can spot opportunities and challenges a scenario would present, foresee risks, and make better plans and decisions today - for your clients and for yourself.