Industry convergence: the new frontier for wealth and asset managers
Digital disruption is moving at warp speed. Customer expectations are evolving. The issues firms face are multiplying exponentially. Competition is coming from inside and outside of the wealth and asset management industry. This is the new cross-sector ecosystem in which organizations compete.
Convergence could be your competitive edge
As convergence accelerates and complexity grows, the need for collaboration — and simplicity — is crucial to lasting success. In his blog series, EY Global Wealth & Asset Management Leader Mike Lee brings new thoughts on the topic of convergence in hopes of achieving better outcomes for the industry. Learn why he believes disruption from other industries is not something for wealth and asset managers to fear, but something to get excited about.
Keeping up with the ever-changing customer
In a world with greater access to information, digital innovation and investment opportunities, investors’ needs and expectations are constantly evolving. Hear what individuals across the globe are saying about their financial advice preferences, investing habits and plans for achieving financial well-being.
How much do you know about financial advice?
What does financial well-being mean to you?
A cross-sector approach to financial advice
Learn about the different ways industry convergence is shaping financial advice, powering a holistic client experience and improving financial well-being. From personal data to blockchain and gamification, the future of financial advice is built on the foundation of convergence.
Five ways to future-proof financial advice
Explore the new critical building blocks for achieving financial well-being
Behind the scenes at EY’s Convergence Lab
At our recent Convergence Lab, we convened innovators from varying industries, such as media and technology, to explore how convergence is transforming the future of investment and financial advice. As a result of the lab, we developed ideas and are researching opportunities for potential cross-sector collaboration. Watch the video to hear from our participants and get a behind-the-scenes look at the event.