As next-generation clients take a more prominent role in wealth management, private banks are seeing a shift toward a preference for professional management. At the same time, some argue that next-gen clients’ tech-savviness does not necessarily translate to higher adoption of discretionary portfolio management (DPM). There is still significant work to be done in demonstrating the value of a long-term,…
DPMLC 2025: Do next-gen clients want DPM? We ask Nomura, EFG and RBC WM
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