We collaborate with wealth managers, asset managers, and retirement investors to build value in a rapidly changing market.
Our clients are looking for an ongoing and profound
operational and strategic improvement in improvement and efficiency. We offer
guidance on issues related to strategy, organization earning improvement,
operations, and IT and marketing and sales. We also collaborate with clients to
formulate solid observations about the future of the business and make strategic
decisions that allow companies to thrive and adapt in an ever-changing market.
Our collaborative approach, based on facts, is based on
extensive research that encompasses all the retail and institutional segments
and asset classes (for instance, alternative funds) and financial products like
trade funds and outcomes-oriented funds. Our proprietary tools offer unique
insights into the flow of assets, the economics and flows of each sub-segment
of these markets, and the behavior and preferences of investors, consumers, and
intermediaries.
We tackle the entire variety of challenges that our clients face, which
includes:
· Growth. We assist clients in identifying and Graham Sprules taking on new segments and markets that give them a sustainable competitive advantage.
·
Operations. We assist in
designing and implementing top-quality front- and back-office procedures in
managing portfolios and risk technology and distribution.
· Organization. We work with
our clients to design the most efficient structures and processes for organizational
development.
·
Investment performance. We
help clients with portfolio management, research, and knowledge management,
focusing on executing with excellence. Through roundtables and conferences for
senior executives, we encourage the regular exchange of research and analysis
and supply our clients with the latest information that is relevant to their
requirements.
Some examples of our work
We partner with the most prestigious institutions across the
major markets in the world. Recent engagements include:
·
Working with a US private
banking institution to design an expansion strategy that is based on an overall
analysis of personal and market financial service profit model
·
making organizational
structure changes for a newly-formed global distribution group that is
integrated
·
Supporting the efforts of a
European firm in its exchange-traded-fund strategy
·
working with an asset
manager in cost reductions for marketing and sales improvement and on track to
achieve between 15 and 20 percent cost reductions
·
aiding a significant bank
in forming an integrated retirement strategy identifying the critical
possibilities to maximize the value of 401(k), IRA rollovers, and defined
contribution, as well as designing the supporting design.
Features and capabilities
Performance Lens
Performance Lens combines an industry-leading database,
extremely-tailored and thorough benchmarks, and an analytic tool that uses
regression to assist asset managers in identifying opportunities to boost
business performance.
Visit Performance Lens for Wealth & Asset Management
solution for more information regarding McKinsey's Performance Lens or contact
the solution.
PriceMetrix
PriceMetrix is an analytics platform for practice management
that lets financial advisors and their businesses measure performance and
growth against the most comprehensive and most detailed data on wealth
management for retail available anywhere in the world.
For more information about McKinsey's PriceMetrix to help
you with your Wealth & Asset Management solution, you can go to
PriceMetrix.
Global Private Banking Survey
It includes more than 100 players across the globe and the
majority of those in the top 10 players from every central region.
A handful of top wealth managers utilize technology to equip
RMs with the tools they need to provide clients with more efficiency and
efficiency. These companies have increased revenue and cut operational costs by
giving particular solutions. Some have adopted a zero-based approach, reworking
their technology infrastructure and adopting advanced analytics that informs
specific services.
The clear benefits of being customer-focused
The advantages of digitization apply to all markets. Still,
the potential for leveraging digitization to gain a substantial performance
improvement is especially significant in the regions where wealth managers
haven't yet taken advantage of the opportunity. In Asia, as an example, most
wealth managers require a complete embrace of the digital way of working
(Exhibit 2.). We estimate that the IT-driven transformation could yield
anywhere from $40-$45 billion in incremental value for wealth managers who
serve high-net-worth people in Asia, equivalent to around 25 basis points in an
asset pool of $17 trillion.
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