Wealth Management
Wealth management firms require transformative leaders if they want to remain competitive.
Whilst many of the big markets have caught up to their pre-crisis levels, profit margins remain squeezed as increasing competition from new entrants, strict compliance demands and bloated backroom services leave many wealth management firms, boutiques and private banks struggling to make a profit.
To compete effectively and return to pre-crisis profits, firms require executives with the strategic experience to redefine a firm’s product range to focus on core competencies and add value to their customer service.
Australia
In a market where Australia is constantly playing catch-up with their international competitors, securing outstanding leaders with international experience and vision is vital to a firm’s success.
In a market that is increasingly dependent on technological innovations to deliver the tailored and lower-cost services demanded by high-net-worth individuals, we advise firms on recruiting talented executives from an international, and sometimes lateral, pool of talent.