Understanding the Shifting Wealth Landscape

The world of wealth management is undergoing a dramatic transformation. We’re seeing a surge in younger, more tech-savvy investors, a greater focus on sustainability and impact investing, and increasingly complex regulatory environments. These shifts demand a more sophisticated and personalized approach from wealth managers, moving beyond traditional asset allocation strategies to encompass a holistic view of clients’ financial lives. McKinsey’s guide acknowledges these complexities and proposes a framework for navigating this evolving landscape.

The Importance of a Client-Centric Approach

The guide emphasizes the crucial role of truly understanding the client. It’s not just about managing