Operationally, greater integration of technology to improve the client experience will continue to be a key focus for wealth management firms. Improving the client experience remains the focus for wealth managers when it comes to upgrading technology; personalization of the client experience will be the focus of the decade ahead, with artificial intelligence being cited as the biggest disruptor.
Continued demographic diversification in the client base is another key trend that the industry will need to continue to adjust to. The pace of wealth accumulation among millennials and women of all generations will continue to increase as a result of the boom in tech-driven innovation.
Most banks have said that there will be a continued need to hire Private Bankers although the impact of Covid-19 has yet to be fully collated. An increased need for regulatory compliance procedures to be implemented and a shift towards more innovative digitalisation will see a demand for both leadership and operational roles in these areas.
Talent Insight identifies trends, challenges, opportunities and the major players, both businesses and individuals, so you can make better informed business decisions.
We’ll scour relevant talent pools to identify qualified candidates for your talent acquisition team to approach.
From the initial approach to the interview stage, we’ll engage hard-to-find and/or passive talent, screening each candidate against your hiring criteria and deliver a list of ready-now or ready-later candidates for current and future requirements.
Our thorough approach to executive search allows us to identify and secure the high-level candidates who can guide your business through times of transformation.
We provide a fully outsourced process for ensuring leadership hires in your business, allowing you to focus on business priorities without worrying about succession or finding new leaders.
We verify a candidate’s background and credentials to ensure every hire you make is the right one and to mitigate hiring risks.
By identifying the strengths and weaknesses of executive candidates, we make sure only the best join your senior team.
From establishing new talent pools and supporting business growth to identifying leadership teams who can help the company meet new customer demands, our insights will give your talent acquisition strategy an unparalleled advantage.
The Armstrong Craven team are experts in talent research and are always ready to support companies as they grow with the industry.
58% of private bankers and wealth managers surveyed are expecting an increase in revenues this year, but are less optimistic about year-over-year increases than in the previous five years.
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