Trends Report

Leverage Digital Wealth Management Platforms To Improve CX, Advisor Productivity, And Profitability

November 19th, 2019

Summary

Digital wealth management platforms help optimize the client experience and increase financial advisor productivity across the entire investor lifecycle. Firms invest in digital wealth management platforms to leverage automation to maintain profits, elevate the investor experience with next-generation capabilities, and make financial advisors more productive and effective. The digital wealth management platform market breaks into two functionality segments: those that offer wealth management services alongside an array of banking and insurance products; and those that focus specifically on wealth management offerings in geographic markets. To select the right digital wealth management platform, focus on platforms that can help you deliver better financial advice; include smaller regional specialists; and talk to reference clients early.

Want to read the full report?

This report is available for individual purchase ($1495).

Forrester helps business and technology leaders use customer obsession to accelerate growth. That means empowering you to put the customer at the center of everything you do: your leadership strategy, and operations. Becoming a customer-obsessed organization requires change — it requires being bold. We give business and technology leaders the confidence to put bold into action, shaping and guiding how to navigate today's unprecedented change in order to succeed.