Strategy

New Research To Examine Outsourcing Trends In Wealth Management

Wendy Spires Head of Research December 8, 2021

New Research To Examine Outsourcing Trends In Wealth Management

Outsourcing, up to and including Business Process Outsourcing in business-critical areas, is looking like an unstoppable trend in the wealth management sector. A new research project from this publication will draw out precisely what is going on – and where forward-thinking firms are heading.

WealthBriefing has tracked the industry’s use of outsourcing in its research over many years, watching it evolve from something some wealth managers viewed almost as anathema to a choice which many now see as the only rational one. Whether it be to scale up quickly, contain costs or simply a bid by firms to focus solely on what they do best and get rid of “the boring bits,” the momentum behind the outsourcing movement just grows and grows.

Our conversations with leading industry consultants have highlighted another factor which may very well act as further enticement: they tell us that during the dark early days of the coronavirus pandemic, when the whole industry was plunged into a new working from home normal, that it was those institutions heavily outsourcing that were able to “stand back up” most rapidly. Operational resilience in the face of potential disaster, not to mention greater flexibility overall, are now very much part of the outsourcing conversation.

Delving deep into a key strategic issue 
The time is ripe, then, for a research report which delves deep into outsourcing trends to take the industry’s temperature on this key strategic issue. By taking our 4-minute survey, wealth management professionals can gain priority access to what promises to be a truly fascinating snapshot. 

This must-read report will cover: which processes firms are outsourcing; the factors most strongly driving their decisions; potential barriers to uptake; expectations for Return on Investment; timeframes for implementation and much more. Accompanied by a webinar discussion starring a panel of outsourcing experts and C-suite wealth management executives, this will be this publication's most wide-reaching take on this topic yet. We want to get the broadest possible picture, and would like to urge as many as possible in the industry to take part in our study. 

Take our short survey here to have your say, receive an advance copy of the report and also have the chance to win an iPad in a prize draw open to all industry professionals who share their thoughts.

Register for FamilyWealthReport today

Gain access to regular and exclusive research on the global wealth management sector along with the opportunity to attend industry events such as exclusive invites to Breakfast Briefings and Summits in the major wealth management centres and industry leading awards programmes