Wealth Management Can't Be 'Amazoned or Ubered': UBS's Chandler

The video discusses the current state and future of wealth management, highlighting opportunities in the Americas and Asia. It emphasizes the importance of financial advisors in client relations and the competitive nature of the market. The strategy focuses on high net worth clients, with a significant presence in the APAC region. Trends show clients being more conservative, holding more cash, and investing in private equity. The video also addresses the shift in demographics, with more women and millennials influencing the market.

What makes the current time favorable for wealth management in the Americas?

• Decreasing client wealth

• Growing client wealth segments

• High competition with no room for new players

• Limited market opportunities

Which regions are the focus of the company's strategy?

• Europe, Africa, and South America

• Asia, Europe, and the Middle East

• The Americas, Asia, and Ultra High Net Worth clientele

• Australia, Asia, and the Middle East

How do financial advisors help clients manage their balance sheets?

• By ignoring client needs

• By focusing solely on loans

• By providing advice on both assets and liabilities

• By offering only savings accounts

What is the primary focus of the company's client relationships?

• Reducing client interaction

• Maximizing short-term profits

• Building real relationships with trusted advisors

• Selling products

What trend is observed among US-based clients regarding their holdings?

• Decreasing cash holdings

• Increasing leverage

• Holding roughly 25% of their holdings in cash

• Investing heavily in hedge funds

How do millennials prefer to receive financial advice?

• Through mobile apps only

• Via social media

• From a trusted person

• Through automated online platforms

What impact does increased longevity have on asset allocation?

• Shortens the retirement period

• No impact at all

• Requires more careful planning for a longer retirement

• Leads to increased spending in early retirement