Wealth Management 2030: Visualizing Scenarios for the Next Decade

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(as of Jan 10, 2025 14:41:00 UTC – Details)

Every business faces uncertainties when looking at the future.

But professionals investing on behalf of wealthy individuals and families are faced with 3 different sets of uncertainties:the forces at play that could help you spot investment opportunities for your clients – or risks to avoidthe factors affecting the success of your own business, your client acquisition strategies, and profitabilityuncertainties affecting your clients’ lives and needs.
What unanticipated events could cause them – and you – sleepless nights?

How do you deal with all these future uncertainties? One way is to map out their alternative outcomes. This is what scenario planning is all about: a methodical yet highly creative way to visualize different landscapes that could realistically unfold in your future – allowing you to work out an effective response for each one, in advance.

This practical guidebook was written by Woody Wade, a globally acknowledged expert on scenario planning who has worked with companies in more than 30 countries to help them foresee their changing strategic landscape caused by from shifts in the political landscape, evolving consumer behaviors, economic trends, new technologies…

In this book he shows strategists in investment and wealth management, family offices, and private banking how to foresee the game-changing business landscapes that could emerge for them and their clients, step-by-step.

From the Publisher

How to foresee your future business landscape

A must-have handbook for professionals looking after the investments of high net worth individuals and families

Big uncertainties are changing the way wealth management professionals will look after the assets and investments of high net worth clients in the years to come.

Entrepreneurial activity, for example, is creating a new kind of affluent investor, and new centers of wealth are emerging around the world. Artificial intelligence and digitization will fundamentally change the way investment decisions are made, as well as affecting client involvement in these decisions. Meanwhile, clients’ expectations are changing, too, as they want their investments to reflect their values and achieve goals in addition to earning a return.

On top of these changes, private banks, family offices, and wealth management firms face the many other uncertainties we all contend with in business: ups and downs of the economy and financial markets, changing political landscapes, new technological innovations, evolving employee attitudes, dynamic competition, new regulations,… the list goes on.

Dealing with uncertainties

Scenario planning is a powerful foresight tool for visualizing alternative futures that could emerge, depending on how these uncertainties resolve themselves. The technique is used by organizations of all sizes to grasp how different their strategic terrain might be in just a few years.

A practical step-by-step guide

Wealth Management 2030 takes you through the fascinating process of crafting alternative scenarios your company could realistically find itself operating in, just a few years from now.

With insights gained from this process, you can spot opportunities and challenges a scenario would present, foresee risks, and make better plans and decisions today – for your clients and for yourself.

Who is this book for? Investment managers Portfolio managers Private bankers Stockbrokers Family office professionals Lawyers and other advisors to high net worth investors

Publisher ‏ : ‎ Wade and Company SA (April 19, 2022)
Language ‏ : ‎ English
Paperback ‏ : ‎ 125 pages
ISBN-10 ‏ : ‎ 2970121131
ISBN-13 ‏ : ‎ 978-2970121138
Item Weight ‏ : ‎ 7.7 ounces
Dimensions ‏ : ‎ 5.5 x 0.3 x 8.5 inches