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Top 10 Trends in Wealth Management, 2016: From Digital Advice to Regulation

Top 10 Trends in Wealth Management, 2016: From Digital Advice to Regulation

Reacting to new regulations and digital service models will busy wealth management firms in 2016.

Boston, January 13, 2016 – 2015 culminated with two major U.S. wealth management announcements that are likely to impact 2016. On one side, the country set a higher target range for the federal funds rate, providing much-needed revenue opportunities for wealth management firms and likely catalyzing interest rate reviews elsewhere. On the other, a rule aimed at raising investment-advice standards for retirement accounts is likely to busy wealth management firms. This and the increasing pressure to adopt a digital service model will result in a great deal of change that wealth management firms will have to react to in 2016.

This Impact Note is 17 pages. Clients of Aite Group’s Wealth Management service can download this report.