Bloomberg
The findings from BCG’s annual Global Wealth report are discussed in two exclusive articles with Bloomberg. BCG’s Anna Zakrzewski shares that for the first time since 2008 “wealth growth was negative” in 2018. The report notes that declining margins have forced wealth managers to target previously overlooked groups, such as the fast-growing affluent segment. As competition for this type of customer increases, BCG’s Daniel Kessler emphasizes that leveraging new technology to service this segment is “a topic that every larger wealth manager should think through.”
