Wealth managers face pressure to scale personalized portfolios, Charles River Systems says
STT•60% of wealth professionals expect high-net-worth clients to require some degree of personalization. In the UK, discretionary management accounts for 65% of a £1.24 trillion wealth market and serves 1.3 million clients, up 20% since 2022.
1. Personalization demand
Wealth managers face growing pressure to personalize discretionary portfolios at scale as margin pressure and regulatory requirements favor standardized offerings. 60% of wealth professionals expect high-net-worth clients to require some degree of personalization.
2. UK discretionary market
Discretionary management accounts for 65% of wealth management assets in the UK's £1.24 trillion market. The segment serves 1.3 million clients, up 20% since 2022, and continues to grow across Europe.
