Some investment management firms may need to build new relationships with outsourcing service providers for a host of different reasons. But selecting the right partner can be a painstaking, time-consuming activity. The request for proposal (RFP) process has barely changed in a decade – and arguably much longer than that – for ’40 Act and…

In my daily conversations with the leadership of asset management firms, their urgent need to respond to pervasive disruption is a constant theme. And they know the outcomes of their actions must involve more than realizing cost efficiencies: they also need to execute new strategies at the front-end focused on driving distribution and differentiated products—changes…

These are challenging times for asset managers. Disruption is a pervasive force. Driven by technology innovation, empowered customers, volatile economics and advancing regulation, industry change is moving faster than ever. Keeping pace with disruption We’re seeing our asset manager clients respond to these developments by innovating and reinvigorating their products and processes. It’s easy to…

As I scanned MarketWatch recently, I was struck by what “Scared to be penniless” had written to The Moneyist, the site’s personal finance editor: “Here I am at 65 and ready to finally retire and I’m scared that I will become penniless.” As I read on to find a paid-off mortgage, a military pension, health…

Accenture’s recent research on the post-digital world for insurance companies outlines several areas where top players in the insurance industry are currently investing to ensure their products “fit in every moment.”[1] Technology is playing a key role in determining and delivering on customer needs. As companies target new opportunities, they evaluate disruptive technologies that could…

In wealth management, we focus heavily on client milestones—the just-married couple, the single female buying her first home, clients ready to retire, etc. But there’s a demographic I’m seeing that’s often overlooked in the current models: Fifty-somethings. Far from “just starting out” yet not “ready to retire,” this group is looking out for a more…