Craig Hapelt
Managing Director & Partner
Toronto
Craig Hapelt joined The Boston Consulting Group in 2009. He is an expert on many topics in the firm’s Financial Institutions practice. He has extensive experience with asset and wealth managers, banks, insurance companies, and other financial-services clients in Canada and the US.
Craig has spent the past 15 years helping top organizations around the world with their most critical strategic issues. For example, he has managed multiple initiatives for a Canadian financial-services firm, including the building of new businesses, global growth, cost takeout, channel optimization, and sales force effectiveness.
As a core member of BCG’s Corporate Development practice, Craig leads major research topics, from managing the firm’s asset management and corporate banking benchmarking initiatives in Canada to understanding global megatrends and how they affect different players and economies.
Before joining BCG, Craig worked with McKinsey in San Francisco, New York, and Toronto, focusing on institutional investors and financial services.
BCG’s 15th annual report documents the growing challenges that traditional asset managers face and highlights potential paths to prosperity through technology, innovation, and the Chinese market.
A rebalancing of the global asset-management industry toward Asia-Pacific is overdue. Senior industry executives assess the challenges and opportunities asset managers face in expanding access there.
Superior investment performance by asset managers is no guarantee of increased market share. Achieving growth requires generating more value from go-to-market capabilities—notably marketing, sales, and pricing.
BCG’s thirteenth annual global asset-management study found that assets and profits hit record levels, but growth isn’t a given in a challenging new competitive environment.
A strategically conceived target operating model can yield enormous benefits for insurance company asset managers—as a few leading competitors are beginning to learn.
