wealth management

Are You in the Know About the Next Wave of Growth in Wealth Management?

According to Gartner Research: 

  • "High-net-worth (HNW) millennials are more likely to feel financially anxious than other generations, feel less in control of their financial situations, and are more likely to respond to interactions in a negative way. Twenty-four percent of HNW millennials have taken negative revenue actions after a provider interaction, compared with only 4% of HNW baby boomers.

  • HNW millennials are far more likely to spread their wallets among multiple wealth providers. Sixty percent of HNW millennials use two or more providers, compared with only 23% of baby boomers.

  • There are two attributes that HNW millennials value in their advisors comparatively more than HNW baby boomers. These include when their advisors can identify the hardest part of the financial activity and help them get it completed, and when advisors synthesize confusing or conflicting information."

Discover how wealth management CIOs can use this report to understand the key attributes of HNW millennial clients that inform technology roadmaps to address unmet needs and improve interaction experiences, brought to you by Delta Data: How CIOs Can Support HNW Millennials in the U.S. - The Next Wave of Growth in Wealth Management.

wealth management

GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally and is used herein with permission. All rights reserved.

Gartner, Financial Services CIOs Must Realize IT Investments' Revenue Potential to Drive Digital Acceleration, Juergen Weiss, Partha Iyengar, 17 February 2021.

Delta Data
Delta Data provides the back-end solutions that companies in the pooled investment fund industry use to process billions of dollars of transactions and keep on top of their data. See more at  www.DeltaData.com