FRA
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.
France
Regulations, tax pressure, new Mifid 2 standards, and a low interest environment have put serious pressure on revenue margins for the many different players in French wealth management market.
Efficient new technological platforms are also putting into question their present business models.
Odgers Berndtson in France works with clients to understand the challenges and opportunities they are facing, and recruit leaders with the talent to transform their business.
