Recently Released!!!
Date Published: October 15, 2020
Summary PowerPoint Deck: 326 Slides
Reference PowerPoint Deck: 1,303 Slides

The purpose of this research is to provide readers with a comprehensive understanding of the future of the banking, insurance, brokerage, & investment management businesses. In short, this research defines the future of financial services. The research begins by addressing some broadly debated issues, including financial services firms' role in the economy; the oligopoly trend; government backstops & the too-big-to-fail debate; governance issues including built in conflicts & moral hazard; the increasingly important shadow banking system; and increasing cross-border issues as Asian & other state controlled financial institutions gain global market share and have varying regulations.

This research highlights the five key wealth & investment management (& related WealthTech) fundamental industry trends, including:

• Continuing Importance of Baby Boomers' Retirement & Millennials' Emergence (But Why Does Everyone Overlook Gen X?)
• Three-Tiered Trend to Cost Conscious Investing (Trades, Products, & Advice) (The Race to Zero!)
• Death of Long-Only Management, Hedge Funds, & Many Liquid Alternatives But Two Ways to Compete
• Active Investment Management 2.0: Select Asset Classes, Factor Investing, Alternative Data, Alternative Investments, & Sustainable Investing (ESG)
• High Value Financial Planning Opportunities in Both Mass Affluent (Health Care; Retirement Income; Longevity; Etc.) & High Net Worth (Tax Planning; Estate Planning; Etc.) Markets
• Continuing Rapid Growth of Fee-Based Financial Advisors & Emergence of Nationwide $1.0 Trillion Fee-Only Financial Advisors (RIAs)
• Mergers & Acquisitions: The Strong Get Stronger, Especially Around Fee-Based Financial Advisors

This research also highlights two additional important issues

• Emergence of Women & Minorities in the Wealth & Investment Management (& Related WealthTech) Industry
• 2020 Elections and Next Term Legislation & Regulations

And this research discusses wealth & investment management (& related WealthTech) investing opportunities.

• Venture Capital & Minority Growth Equity Investing Opportunities
• Private Equity Investing Opportunities