New Realities in Wealth Management - Hope Springs Eternal - ResearchAndMarkets.com

DUBLIN--()--The "New Realities in Wealth Management: Hope Springs Eternal" report has been added to ResearchAndMarkets.com's offering.

Forward-looking banks will start opening application programming interfaces as a competitive tool to collaborate with their corporate clients in business-to-business transactions that span all global corporate banking processes. But if banks have less money, less time, and a greater focus on security that hinders their ability to focus on and deliver what's needed in today's competitive market, can collaboration with fintech companies be the most effective and efficient way forward?

Based on interviews with product managers, line-of-business heads, and digital channel managers at Asia-Pacific, European, and North American banks as well as with fintech providers, this report presents information on banks' strategies for deploying APIs. It also leverages a late 2016 email survey of and telephone interviews with 21 major international banks.

Impact Points:

  • U.S. client assets grew at a rate of 6.7% in 2016, a welcome development after a year of tepid growth in 2015 (less than 1%).
  • As a result, U.S. client assets grew by US$1.2 trillion in 2016; total client assets in the U.S. brokerage and registered investment advisor (RIA) markets hit approximately US$20.4 trillion at the end of 2016.
  • Clearing and custody providers to fully disclosed broker-dealers and independent RIAs grew client assets by 4.2% in 2016 to reach US$5.8 trillion, the second-largest industry segment. Growth in this segment was hampered by fully disclosed broker-dealers; independent RIAs continue to grow client assets through breakaway additions to this segment from captive firms.

Key Topics Covered:

  1. Impact Points
  2. Introduction
  3. Methodology
  4. U.S. Wealth Management Market Sizing
  5. Industry Segments
  6. Client Assets by Segment
  7. Market Sizing and Comparison Across Industry Segments
  8. Wirehouses
  9. Self-Clearing Retail Brokerage (Non-Wirehouses)
  10. Clearing and Custody
  11. Discount and Online Brokerage
  12. The Big Picture
  13. Conclusion

Companies Mentioned

  • Citigroup
  • Standard Chartered

For more information about this report visit https://www.researchandmarkets.com/research/tn7fnr/new_realities_in?w=4

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics: Wealth Management

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics: Wealth Management