Deep Dive Into the Wealth Management Business

The video discusses the dynamic changes in the business environment, particularly in wealth management, highlighting the stability and growth potential of the sector. It explores the role of fintech, especially robo advisors, in enhancing wealth management services. The video also touches on competition with firms like JP Morgan and the regulatory landscape, emphasizing BNY Mellon's position as a fiduciary and its limited impact from new regulations.

What are some reasons that financial firms are looking to enter the wealth management business?

How does the competitive environment in wealth management affect firms trying to grow their business?

What impact do you think fintech will have on the wealth management industry?

In what ways do you think robo-advisors can be beneficial to traditional wealth management firms?

How does the regulatory environment affect investment advisors and their businesses?