Framing the Market for Wealth Management Technology
Published: 05 December 2005
Many vendors are active in the ill-defined wealth management market. Financial services companies must understand the discrete sets of functional activities that constitute wealth management, and the relevant sets of competitors in the subcategories that fall under this too-broad definition.
Table Of Contents
- Wealth Management — A Simple Phrase, a Complex Set of Processes
- Functional Components of AWM
- Process Factor — Prospecting and Profiling
- Process Factor — Plan/Proposal Development
- Process Factor — Plan Execution
- Process Factor — Performance Monitoring
- Process Factor — Product Breadth
- Relationship Factor — Account Management
- Relationship Factor — Client Management
- System Factor — Connectivity and Service Options
- System Factor — Workgroup and Enterprise Functionality
- State of Technology
- Wealth Management and Financial Planning Product Categories
- Implementing Products
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