And currently as no single provider is able to solve a customer’s varied needs, clients are maintaining relationships with more than five types of providers.
SINGAPORE (May 9): More than a third of wealth management clients across Asia-Pacific have plans to switch providers over the next three years, the EY 2019 Global Wealth Research report found.
This is because wealth management relationships are undergoing a significant period of change, driven by emerging digital solutions, new digital habits and changing definitions of what clients value, according to EY’s latest research.
