What are some of the digital trends that help us to realize the value of financial planning?
FORMER REGIONAL HEAD & GENERAL MANAGER, ADITYA BIRLA CAPITAL
“The following trends have emerged recently:
- Hedge Against Inflation – Investment Strategies: Energy / Gold / Real Estates asset classes are doing well in the present scenario.
- Private Equity, Cryptocurrency, and Digital Assets need to be part of a Wealth Management Portfolio.
- ESG considerations play a big role in the finalization of investment strategy and the role will continue to expand.
- The optimal utilization of unstructured big data from various channels is crucial in facilitating effective decisions to maximize ROI and optimize financial strategy.
- Wealth management companies are focusing on Generational Wealth Transfers / fee compression and accepting that Hybrid Work will be a permanent Wealth Management Work Culture.
- Connected Insights / Product Profitability Analytics / Scenario Planning are being used increasingly. ”