Managing Director & Senior Partner
Neil Pardasani is a leader of Boston Consulting Group’s West Coast Financial Institutions and Insurance practices, a member of BCG's North America Financial Institutions management team, and a past leader of BCG’s asset and wealth management work. As a leader in the financial services industry, Neil moves organizations, people, capabilities, and ideas into action by applying his extensive experience in growth strategy, organizational optimization, business transformation, and technology/digital transformation. Driven by a passion for efficiency and a reimagined future, whether in relation to business models or how people work and live, Neil pushes thinking to accelerate progress and increase the speed at which ideas become action, while interacting with teams and clients in a genuine and human way.
Neil works with CEOs, C-suite executives, EVPs, and management teams in a range of industries, including financial services, data/information services, and technology. In addition, Neil leads BCG’s New Partner Promotion Committee for the West Coast and sits on the Retirement Benefits committee and the firm's committees to elect and develop new managing directors. Neil is actively involved in recruiting new talent for the firm and has previously led its recruiting function.
In a uniquely tumultuous year, assets under management worldwide showed strong overall growth, passing a major milestone along the way.
North American wealth managers entered the recent crisis in worse shape than they entered the Global Financial Crisis of 2008/2009. This creates a pressing need for change, and a revitalized agenda is called for to establish strategic priorities and a winning game plan.
Alternatives continued to be one of the strongest-performing asset classes overall in 2019, but not all alternatives are created equal.
In the banking industry, leaders are discussing the possibility of permanently shuttering 30% to 40% of branches that are currently closed due to COVID-19. Are asset managers prepared for a dramatic shift in the way they interact with their distribution structure, and perhaps such changes becoming permanent?
After last year’s tumult, 2019 has brought a welcome turning of the page. Here’s what success will look like in the next decade.
The secrets to scaling up this fast and effective new way of working.
Our 16th annual report finds the industry primed for an agile transformation that will enable asset managers to master digital and advanced analytics at scale.