Nitin Mhatre’s Post

Heard enough of the question, "how do we increase organic growth?" If the latest from Lisa Salvi and Schwab Advisor Services' RIA study isn't a telling, K.I.S.S. type-insight, I don't know what is... "...firms offering performance-based incentives saw AUM grow 24% more than their peers who did not over a five-year period, while gaining 38% more clients and increasing revenue by 19% more on average" Align with your advisors, you stand the best chance of growing...and faster. Nice writeup from Ali Hibbs @ WealthManagement.com #growth

Asia-Pacific's WealthTech sector is projected to exceed $2 trillion by 2027, according to McKinsey & Company's latest report. The sector's annual growth rate of 25% is expected to triple or even quadruple its current assets under management. Retail investors are set to benefit from WealthTech services that leverage digital apps and tools, offering increased efficiencies and broader access to wealth management services. McKinsey's findings indicate that this exponential growth is set to reshape the wealth management landscape in Asia-Pacific, heralding a new era of innovation and accessibility. ⚫Empowering Retail Investors: Central to this revolution is the empowerment of retail investors. WealthTech services, leveraging cutting-edge digital apps and tools, are at the forefront of this change. Retail investors can look forward to increased efficiencies and expanded access to a spectrum of wealth management services, breaking down traditional barriers and democratizing financial opportunities. ⚫Direct-to-Consumer Dominance: Within this burgeoning sector, the direct-to-consumer WealthTech market emerges as a dominant force. Characterized by a dynamic blend of pure digital and hybrid advisory models, it is set to redefine how individuals engage with and navigate their wealth management journey. The emphasis on personalized experiences positions this market segment as a trailblazer in catering to the unique needs and preferences of each investor. Chris Brooke, FinTech M&A Advisor at Goldenhill International says: "The financial landscape in the Asia-Pacific region is on the brink of a transformative era, with McKinsey & Company's latest report projecting the WealthTech sector to surpass a staggering $2 trillion valuation by 2027. This revelation comes as a testament to the sector's robust annual growth rate of 25%, anticipated to triple or even quadruple its current assets under management." If you are looking to explore a potential sales process, then get in touch directly with one of our specialists M&A Advisors here: https://hubs.ly/Q02bvppq0 #wealthtech #APAC #mergersandacquisitions

For the third year in a row, SimCorp has teamed up with WBR: Insights to survey 200 Directors of Investment Operations, aiming to understand the investment operations priorities and pain points of buy-side leaders. Here are some of the key findings for 2024:   👉 The top strategic priorities guiding buy-side technology and operations investments for 2024 are centered around improving operational efficiency and controlling operating costs. This marks a substantial shift from a year prior. 👉 Over the next 12 months, buy-side firms are looking to process automation and AI, coupled with strategic outsourcing, to grow assets under management faster. 👉 Improving data and operations support for multi-asset investment strategies remains a top priority to support strategic priorities for the third consecutive year.   👉 The most influential factor affecting buy-side firms' investment strategy is increased pressure from competitors. 👉For the second year running, ESG investing was identified as the business area with the greatest opportunity for technological innovation in the next few years. 👉Nearly half (45%) of buy-side firms are considering exploring, or have already begun exploring, changes to their operating model. The primary reasons are a need to reduce operating costs and regulatory compliance complexity.   “There is plenty to consider in 2024, but I believe that AI models are potentially a bright spot in the middle of all this. We find ourselves at a tipping point poised to introduce more automation and innovation. In a world clouded by uncertainty, buy-side institutions that can effectively leverage technology to affirm their identity and preserve their competitive edge will be best positioned to thrive in this rapidly evolving landscape,” Marc Schröter Chief Product Officer at SimCorp, comments.   Read the full announcement: https://bit.ly/3SbcQNc   #buyside #InvestmentOperations #assetmanagement #investmentmanagement

I am excited to speak for Allianz in Park City, UT, tomorrow on the crucial shift advisors must make. We are moving from mere service providers who compete on price to stagers of experiences and, ultimately, catalysts for transformation. My 'Guru On The Mountain' materials, tailored for this extraordinary mountain backdrop, provide unique insights for our discussion tomorrow. As businesses distance themselves from their core offerings (such as information/investments), they generate more value for clients and greater profits. Remember, in the face of commoditization, the key is customization, not just increased efficiency. What business are you in? Are you sure? #advisors #wealthmanagement #buildbeloging #experienceeconomy #transformation

World Maker: Alison Taylor Now more than ever, businesses need an expert who lives and breathes the modern and murky landscape of capitalism every single day, and no one is better equipped to be your business’s navigator than Alison Taylor. Building on her deep study of business and the urgently emerging topics shaping modern capitalism, she has created an indispensable map for the future, giving us the all-important tools to help businesses build strong foundations and building on them with a common language (clarifying all of the jargon and purpose-speak polluting business today). She does exactly what every organization needs: she helps maneuver through problems and challenges, the daily landmines of culture, governance, transparency, brand activism, DEI and ESG, while, simultaneously, helping spot and actualize opportunities. HIGHER GROUND GIVES US A MUCH NEEDED LINGUA FRANCA (COMMON LANGUAGE). "This book is about how to build a better business in the face of confusing and contradictory expectations and demands. I set out to write it because so many people—many with good intentions—appearedto be lost. It even seemed that we no longer shared a common language to discuss the challenges we face. I wanted to help cut through the noise and suggest a path forward, upward." To say Alison Taylor is prolific would be a massive understatement, as she adds more useful content to the world with her pinky than most so-called thought leaders do with their entire output. So nobody was more excited to get a copy of Higher Ground, bringing her massively useful thinking together in one place than I was. SHINY OBJECTS AND SPIN WON'T CUT IT. "You cannot impose meaning. You must work to create it. Involve your employees in shaping your organization’s purpose and culture, and get clear about its role in society, its values, and how it creates value. Proclaiming an inspirational purpose is no substitute for instilling a culture of respect and inclusion, a sense of agency, and a commitment to personal dignity." If you are serious about creating, leading and joining a business that aims to do the right thing rather than only the profitable thing, we urge you to block out a bit of time, grab a highlighter and some Post-it notes and get going. Capitalism is going to be with us for a while, so we might as well start getting good at it. Start here. #BeautifulBusiness #Purpose #BusinessDesign Order: https://lnkd.in/g77e5drm

The DEI Disconnect: Why Your "Bro Culture" Is Costing You Investors (and Impact) Let's face it: impact investing isn't just about making money. It's about aligning your capital with your values, driving positive change, and building a better world. But here's the harsh truth: if your firm is still clinging to an outdated "bro culture," you're not just missing the mark on DEI – you're actively repelling the very investors who share your passion for impact. Today's impact investors are savvy. They're not just looking at your portfolio; they're scrutinizing your culture, your values, and your commitment to diversity and inclusion. And let's be clear: a firm that's dominated by one demographic isn't going to cut it. Here's why: • Limited Perspectives: Homogeneity breeds blind spots. If everyone in your firm looks and thinks the same, you're missing out on critical insights and innovative solutions. • Missed Opportunities: Diverse teams are better at identifying and investing in companies that are truly driving social and environmental change. • Reputation Risk: Investors are increasingly wary of firms with a reputation for exclusion. A lack of diversity can signal a lack of authenticity and commitment to impact. So, if you're serious about attracting and retaining impact-driven investors, it's time to ditch the "bro culture" and build a truly inclusive firm. This means: • Diversifying your team: Hire people from different backgrounds, with different experiences and perspectives. • Creating an inclusive culture: Foster a workplace where everyone feels valued, heard, and empowered to contribute. • Walking the talk: Make DEI a core part of your investment strategy and decision-making processes. The bottom line? DEI isn't just a "nice-to-have" for impact investors – it's a non-negotiable. If you're not prioritizing it, you're not just hurting your business, you're undermining your mission. #ImpactInvesting #DEI #DiversityandInclusion #ESG #VentureCapital #SocialImpact.

What are you putting your money into this year? The investment landscape is evolving rapidly. Here's a glimpse into the future of investing, tailored for you, the families and their investors of single-family offices. 🚀 🔍 𝗕𝗮𝗰𝗸 𝘁𝗼 𝗕𝗮𝘀𝗶𝗰𝘀 𝘄𝗶𝘁𝗵 𝗮 𝗧𝘄𝗶𝘀𝘁: It's important to adapt to the new macroeconomic realities, even though traditional assets like quality bonds and large-cap stocks are still safe havens in rough times. Think outside the box; enjoy the stability of these assets, but keep an eye on how the market is changing quickly. 🤖 𝗔𝗜 - 𝗧𝗵𝗲 𝗚𝗮𝗺𝗲 𝗖𝗵𝗮𝗻𝗴𝗲𝗿: Artificial intelligence isn't just a trendy term; it's changing the way people invest. AI is changing how we invest, from the big names in AI to the complex web of tech infrastructure. If you dive into this world, you'll see your portfolio change with cutting-edge new ideas. 🌏 𝗗𝗶𝘃𝗲𝗿𝘀𝗶𝗳𝘆 𝗚𝗹𝗼𝗯𝗮𝗹𝗹𝘆, 𝗪𝗶𝗻 𝗟𝗼𝗰𝗮𝗹𝗹𝘆: Changes in geopolitics make diversification your best defence in a world like ours. India, Mexico, and other emerging markets are full of opportunities. Japan, on the other hand, is a good mix of stability and growth. Widen your horizons and enjoy the benefits of a portfolio that includes investments from around the world. 🔮 𝟮𝟬𝟮𝟰 𝗮𝗻𝗱 𝗕𝗲𝘆𝗼𝗻𝗱 - 𝗥𝗶𝗱𝗶𝗻𝗴 𝘁𝗵𝗲 𝗪𝗮𝘃𝗲 𝗼𝗳 𝗖𝗵𝗮𝗻𝗴𝗲: The investment playbook for 2024 is not just about surviving; it's about thriving. You can make smart decisions when you have information from the most important financial institutions and the newest market trends. 💡 𝗟𝗶𝘁𝘁𝗹𝗲 𝗧𝗶𝗽: Keep an eye on generative AI and small-cap stocks. These under-the-radar opportunities could be the key to outsized returns. 📊 𝗦𝘁𝗮𝘆 𝗔𝗵𝗲𝗮𝗱 𝗼𝗳 𝘁𝗵𝗲 𝗖𝘂𝗿𝘃𝗲: Embrace these insights and position your investments to not just weather the storm but to sail ahead of it. Let's make 2024 a year of strategic growth and impactful investments. Thanks to Visual Capitalist for making this infographic and to all the financial institutions (BlackRock, Citi, Morgan Stanley, Bank of America, J.P. Morgan, UBS and others) that gave their thoughts. You should know that FO-Next is not a company that gives investment advice; make your own decisions. #FamilyOffice #InvestmentStrategy #AI #GlobalDiversification #2024Trends #DirectInvestments

🔊 Disruption is not just a buzzword. It's the heartbeat of a new era in finance. 💓 Imagine a future where your financial success isn't just about your portfolio's performance, but about how inclusive and diverse the hands are that built it. 👥 This isn't a distant dream. It's a tangible reality for companies leading the charge towards a more inclusive and diverse financial sector. 🚀 Why? Because inclusivity and diversity aren't just moral imperatives—they're unparalleled business strategies. 🌐 They bring many perspectives, leading to innovative solutions and tapping into previously overlooked markets. They reflect our world, making financial services accessible and relevant to a broader audience. The evidence is clear. Diverse teams outperform their homogenous counterparts, driving higher profitability and creativity. 💡 They're more agile, better at problem-solving, and adept at navigating the complexities of a global market. But here's the kicker: prioritising inclusivity and diversity isn't just about doing good—it's about doing well. 👍 Companies that embrace these values see their reputations soar, attracting top talent and loyal customers who share their ethos. The future of finance belongs to those who understand that success is measured not just by the bottom line but by the impact on society. 🌍 It's time to rethink what we value in our financial leaders and institutions. Diversity and Inclusion will begin by removing biases in hiring and using new-age tools for leadership hiring and training. Cascading the values and training of every employee of the organization. That's when you create a place where diversity thrives, leading to good governance and decision-making. Hi, I am Asheesh Chatterjee, a CA, CMA (India & UK) and an alumnus of Kellogg School of Management. I love talking about building organizations for the next level of growth and excellence.