Managing Director & Partner
Dean Frankle is Boston Consulting Group’s Lead for Asset and Wealth Management in Western Europe, South America, and Africa. Dean is also responsible for BCG’s Global Asset Management publications worldwide and has been recognized by Financial News as one of their Rising Stars of Asset Management for 2019. Dean is a core member of the firm’s Financial Institutions practice and also has extensive project experience in retail banking. He has led numerous projects in corporate strategy, organizational design, operations, and IT. He works mostly with clients in the UK, but has also led and supported projects in Europe and globally.
Dean is a former head of MBA recruiting in London. Before coming to BCG, he worked at HSBC and UBS.
Global assets under management fell by 10% in 2022. To return to historical levels of growth, firms should focus on profitability, private markets, and personalization.
The most important question facing wealth managers right now is not which initiatives to prioritize—but how best to implement them all.
Our 20th annual report on the global asset management industry looks back at a long period of growth—and explores the changes that lie ahead.
Despite the global pandemic, the past year has turned out to be productive for wealth managers. As the pandemic continues to impact lives and economies around the world, they are focused on where the industry goes next. In a comprehensive global survey, we asked senior executives to share their perspectives.
In a uniquely tumultuous year, assets under management worldwide showed strong overall growth, passing a major milestone along the way.
Flipping the lens to look at global wealth from the perspective of client needs instead of net worth reveals huge untapped revenue pools lying in plain sight.
Asset managers know sustainable investing is the new standard, but finding the best approach is challenging. Firms must change their tactics or risk being left behind.
Firms have been late to the present, and they’re even further behind in preparing for the future. With shifts accelerating, leaders must commit to essential changes now.
Alternatives continued to be one of the strongest-performing asset classes overall in 2019, but not all alternatives are created equal.
It is still impossible to assess the impact of COVID-19 on the economy. Outsiders might think that the wealth management industry, after a ten-year bull market, should be in good shape to weather the storm. But this is not what we find.
This paper aims to understand what differentiates top-performing wealth managers from the average and identify the key strategic levers wealth managers can use to stand out from the crowd.