Wealth Managers’ facing stiff Competition with Rise of Self-Directed Investments : Ken Research REQUEST FOR SAMPLE REPORT Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit Technological advancements and digital revolution has resulted in increased number of DIY investments More than 1/4th of the global HNW wealth is self-directed without the assistance of wealth managers. Ken Research has announced its latest publication on, “Self-Directed Investors: Implications for Wealth Managers; Understanding How Self-Directed Investment Affects the Wealth Management Industry”, which offers detailed analysis of the global landscape of HNWs. The findings of the report are based upon 2015 Global Wealth Managers Survey. The publication examines primary drivers in the self-directed investment market along with the key reasons behind the wealthy individuals’ decision for building their portfolios without any professional assistance. The wealth management industry’s competitive landscape and product environment is also included in the report. Additionally, the report also compares drivers for self-directed investments between emerging and developed economies. The wealth management industry is set to reform under pressure from technological advancements, price-sensitive consumers and regulatory changes. Significant advances in digital technology has led to the advent of robo-advisors that offer automated investment solutions. Robo-advisors are based on the idea that the tasks performed by a human Registered Investment Advisor (RIA) can now be replicated by advanced software based on artificial intelligence. The USP of robo-advisors include lower costs and ease-of-use. Thus, young HNW individuals have showcased interest in robo-advisors instead of traditional wealth managers. Moreover, there has been a rise in the first-generation entrepreneurs and HNW’s who believe in Do-It-Yourself investments. This is because a large number of HNWs belong to the emerging economies such as Asia-Pacific. In addition, the increasing popularity of ETF’s (Exchange-Traded Funds) and P2P (Peer-to-Peer) has started to affect the business of wealth managers. These platforms are seriously challenging the traditional brokerage business models while damaging the profitability of the wealth managers. As a result, it has become imperative for wealth managers to focus on the needs of clients who tend to self-direct. Even though discretionary and advisory asset management services are more premium and profitable, there has been a decline in the number of HNWs who use these services. Research shows, execution-only mandates constitute 19.1% of total HNW assets held with wealth managers. Although clients in developing economies tend to prefer unadvised services, the US represents the biggest market opportunity in terms of self-invested assets. The Global Wealth-Management Industry Wealth Management is one of the most appealing and growing sectors within the financial services industry. There are two primary reasons behind the same. Firstly, wealth management businesses have opened up as lucrative business options that have great growth prospects and lower need for initial investments. Thus, financial firms that have reached maturity and are facing difficulties in recording growth have turned towards wealth management as a new avenue for earning higher returns and profitability. Secondly, wealth management services have now become essential for attracting and retaining retails customers over a long period of time. Some of the trends governing the wealth management industry: New generation of visionary investors Digital revolution Advent of automated investment services through robo-advisors Challenging investment environment that requires diversification Shifting demographics and age of the investors Key Topics Covered in the Report: The global landscape of self-directed investments Global drivers for self-directed investment Competitive landscape of the wealth management industry Detailed profiles of leading players Detailed product environment in the self-directed market To know more on coverage, click on the link below: https://www.kenresearch.com/banking-financial-services-and-insurance/financial-services/wealth-management-industry-/8488-93.html Related Reports: Self-Directed Investors: Implications for Wealth Managers; Understanding how self-directed investment affects the wealth management industry. Self-Directed Investments: Implications for Wealth Managers Contact: Ken Research Ankur Gupta, Head Marketing & Communications query@kenresearch.com +91-124-4230204 Tags: Global DIY Investments trends, Global Market for Self Directed Investments, Global Wealth Management Market Size, HNWI Investment Trends, Investment Solutions Providers Competition, P2P lending and crowd funding Demand, Robo Advisors in Self Directed Investments, Self Directed Investment Driving Factors, Self-directed investors in Emerging Economies, Type of Automated investments, Wealth management and Advisory Services Trends