ReportsnReports.com adds "Insight Report: Innovative Client Segmentation in Wealth Management” report to its research database.
This report provides an in-depth analysis of new segmentation strategies adopted by wealth management firms and private banks following the 2008 financial crisis, and their implications on the wealth management sector. Increased competition, together with the rise of DIY investment platforms, have encouraged wealth management firms to adopt new segmentation strategies to target customers.
The new segmentation strategies emerged to accommodate the complex needs of private individual clients by targeting them according to their interests, needs, behavior and attitudes to investments, instead of by demographic trends. This method thus allows wealth management firms to focus on customers’ specific needs and provide customized products and services. It also allows firms to increase their profit margins by providing the right products and services.
Wealth management firms are also increasingly adopting technological advances to cater to the needs of modern customers and young HNWIs.
The report covers the following areas:
- An overview of the global wealth management market
- Innovation in wealth management practice
- Analysis of brand loyalty
- The future of innovation in wealth management
- The report is based on a unique analysis of researcher’s proprietary HNWI database comprising more than 100,000 individuals, and focuses on four regions: the Americas, Europe, Asia-Pacific, and the Middle East and Africa.
Purchase a copy of this report @ http://www.reportsnreports.com/Purchase.aspx?name=296769.
New Segmentation strategies are being adopted by wealth management firms to provide niche products and services to customers.Take informed business decisions and build better business strategies using the latest information on the development of new segmentation strategies in wealth management.
ReportsnReports.com is an online market research reports library of 350,000+ in-depth studies of over 5000 micro markets. Call +1 888 391 5441 with your research requirements or email the details on email@example.com and we would be happy to help you find the business intelligence that you need. Not limited to the IT & Telecommunication Market ReportsnReports.com offers research studies on agriculture, consumer goods, environment, advanced materials, public sector, food and beverages, energy and power, medical devices, healthcare, automotive, manufacturing & construction, semiconductor and electronics, IT & telecommunication, pharmaceuticals, retail, water, banking and financial services , advanced materials and much more.