Considering customer experience as a sweet spot for success, the recent trends in financial advisory services focus on simplifying the customer experience with technology. The shift from mobile banking to invisible banking and personalization to hyper-personalization are a testament to that.
A major breakthrough is the evolving role of robo-advisors. These bots are able to eliminate human bias or emotion completely while understanding an investor’s risk profile and investment goals and recommending the right stocks, or in many cases, mutual fund schemes or even exchange-traded funds (ETFs).
With such trends on the horizon, the financial advisory services industry is projected to grow to $135.6 billion by 2030, at a CAGR of 5.8 percent.
To put the spotlight on other key developments in the industry, Financial Services Review illustrates how industries are leveraging the latest financial services developments. The edition also features thought leadership articles from James Goodstein, VP Product Manager, Digital Banking, Ocean First Bank; Nikola Petković, Head of Digital Channels, OTP banka Srbija; and David McHenry, Managing Director, Head of Global Treasury and Payments Advisory – EMEA, Silicon Valley Bank.
In this edition of Financial Services Review, we also bring to you the story of some of the top financial transaction advisory services companies that deliver the best outcomes for their clients. In the list, L&L Solutions particularly stands out for their wide experience and expertise in managing real estate transactions. The firm delivers customized strategies to real estate developers and builders, private equity and institutional investors, financial and professional service firms, and building product manufacturers. Bespoke strategies help capture greater buyer and renter interest, leading to successful deal closures and higher occupancy rates.
Through the following pages, we aim to shine a light on the innovative trends and latest developments in the financial transaction advisory services. We would like to know your thoughts.
