Asset & Wealth Management Revolution:

Pressure on profitability

Pressure on profitability and unparalleled challenges and opportunities

The asset and wealth management (AWM) industry’s revolution is well under way. Assets under management are increasing, as are costs and revenues. But even though costs have gone up, they haven’t risen as quickly as revenues for multiple reasons, including economies of scale and the slow adoption of new technologies. However, as investor and regulator pressures build and companies invest in infrastructure and talent, costs are likely to begin to creep up.

Asset and wealth managers are dealing with unparalleled challenges and developing opportunities presented by intense fee pressure, product innovation, the continuing realignment of existing distribution channels, and the development of new ones.

 

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Chris Pitts

Partner, Asset Management Leader, PwC Canada

Tel: +1 416 947 8964

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