Top 10 Trends in Wealth Management, 2020: Wind of Change

Report Summary

Top 10 Trends in Wealth Management, 2020: Wind of Change

In these uncertain times, wealth management firms are particularly on the line for providing stability to their clients.

Alois Pirker
Research Director

Boston, January 9, 2020 – 2019 saw the ultimate erosion in transaction pricing, with Charles Schwab cutting trading commissions to zero and then acquiring one of its chief rivals, TD Ameritrade. 2020 will see a U.S. wealth management space that is being redefined by this tie-up, and there will be winners and losers. Meanwhile, instability and social uproar can be observed around the globe, and with these issues as well as the looming climate crisis, wealth management clients are increasingly asking their financial advisors for purposeful investment opportunities, with environmental, social, and governance (ESG) and impact investing becoming part of their standard repertoire.

This is a 20-page Impact Report. Clients of Aite Group’s Wealth Management service can download this report.

This report mentions Apex Clearing Corporation, Banca Monte dei Paschi di Siena, BBVA Open Platform, Betterment, blooom, Cambr, Charles Schwab, Carson Group, Cross River, Danske Bank, Deutsche Bank, Empower Retirement, Falcon Private Bank, Focus Financial, Galileo, John Hancock, Julius Baer, Maerki Baumann, MoneyLion, Morgan Stanley, NextCapital, Nomura, Personal Capital, Principal, the Securities and Exchange Commission, TD Ameritrade, The Bancorp, UBS, Vanguard, Vestwell, Wealthfront, Wealthsimple, Wells Fargo, and Westpac.

How can we help?

If you have a question specific to your industry, talk with an Aite Group analyst.  Call us today to learn about the benefits of becoming a client.

Talk to an Analyst

Receive email updates relevant to you.  Subscribe to entire practices or to selected topics within
practices.

Get Email Updates