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 strategic experience to redefine a firm’s product range to focus on core competencies and add value to their customer service.
