4 Ways Wealth Managers Are Preparing for Uncertain Times

Wealth managers face challenging times as global markets have entered a period of uncertainty while their clients increasingly demand sustainable returns, according to a new report from Mercer. Over the next two years, wealth managers' biggest challenges involve managing their clients' investments and meeting return objectives with an acceptable level of volatility. They are also focused on improving the client experience. At the same time, margin pressure, higher fixed costs and increasing regulatory requirements are prompting many wealth managers to look to outsourcing, insourcing or strategic alliances as potential solutions. Mercer conducted its study in the first quarter among 125 participants in 26 countries across six regions. See the gallery for four ways wealth managers around the world are gearing up for the challenges of the next two years.