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The ultimate guide to wealth management in 2021: how we got here and where we’re headed

Aoife Loy
Aoife Loy
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What’s this all about?

Wealth management is no longer just for the wealthy. A number of forces are transforming the landscape from the days when you had to have a certain amount of assets in order to access the financial markets to a time when people of various ages and backgrounds can trade in stocks, shares and cryptocurrencies from their mobile phone.

As it has hastened digital transformation in so many aspects of business, banking and life in general, the COVID-19 pandemic has forced wealth managers to rapidly adopt digital engagement strategies all the while facing a rapid upswing in interest in their services as customers turn to the financial markets in these times of uncertainty. Many robo-advisors, digital brokerage, micro-investment platforms and other wealthtech companies have reported a dramatic increase in customers signing up and utilising their services. And there have been some pretty crazy trading trends, too.

But amidst the headlines about Robinhood, Reddit, Citadel, a member of the subreddit, Wallstbets and others appearing before a House Services Financial committee, customer-facing wealthtechs are reporting that users are turning to their services with a long-term outlook in mind too. In fact, the wealth management industry is in good health with global assets under management expected to reach $150 trillion by 2025.

Financial institutions have been keeping a close eye on proceedings and many are pivoting to wealth, given the low-growth and low-interest-rate environment — Revolut included. Barclays, too, has announced its Plan and Invest offering in partnership with Scalable Capital.

In this latest guide by LEVERIS, we chat to industry experts from Wealthfront, Moneycube, Delio, eToro and MyWallSt to gain an insight into the wealth landscape. We go into detail on those forces that changed the landscape before examining the COVID-19-related spike in activity. We also look at some of the major players in B2C and those offering white-label services to get an idea of the lay of the land. Before we leave you with our experts’ key predictions for 2021 and what the democratisation of wealth means for traditional financial services, we look at some of the broader trends in trading that have emerged. Finally, we provide a list of 50 companies we’ll be keeping an eye on.

Download now if you:

  • Are keen to understand in-depth the forces that changed the wealth management landscape
  • Have an interest in the GameStop saga and other aspects of the COVID-19-related spike in activity
  • Don’t want to miss out on our experts’ predictions for 2021 and our 50 key companies to watch
  • Want to understand what this all means for traditional FS
wealth management

Ultimate guide

Wealth Management in 2021: How We Got Here and Where We're Headed

Download now to learn:

If you’re serving Millennials and Gen Z, then you need to build a one-stop-shop that is completely digital. You need to offer banking, investing and financial planning and you need to take the burden of money management off the client’s plate without requiring them to set up a meeting or make a phone call.

Kate Wauck, Vice President of Communications, Wealthfront Tweet
Aoife Loy
Aoife Loy
Aoife is Lead Content Marketer at LEVERIS. She writes about our mission and approach to technological innovation.
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