Personalized Wealth Advisory

The wealth management industry is under pressure to increase revenue and wallet share, in a “hyper-personalized” competitive environment. Today, clients utilize digital channels even when they have a dedicated advisor and expect to get access to investment recommendations and financial advice round the clock. Self-service portals for investors with personalization is imperative, to improve the asset managers’ productivity and subsequently increase the number of clients served. We see that Wealth Managers (WMs) are staring at a large, untapped market: Individuals who have simple investment needs, limited financial knowledge, and wealth of $100k- $3M. BCG calls it the “simple-needs segment*.” ~331 million individuals, holding $59 trillion in investable wealth. Of these, ~70% are Baby boomers (~51–70 years old), ~20% are Gen X (~35–50 years old) and ~10% are Millennials (<35 years old). WMs often overlook people in the simple-needs segment because their assets are too large to conform to retail offerings and too small to attract the attention that higher net worth tiers draw.

• Customer self-service portals that allow complete control over fund management and improve user experience.
• Supercharged advisors with Do-It-Yourself (DIY) fund configurations for portfolio construction
• Tailored fund recommendations based on needs analysis, risk attitude and financial goals.
• Comprehensive portfolio summary views and fund performance views
• Video KYC Screening powered by Vision AI for faster onboarding.
• AI-powered investment advice enabled by ChatGPT Integration for 24x7 assistance