Private banking and wealth management have been undergoing an accelerating process of change for years. Classic virtues such as relationship management remain important – especially against the backdrop of an increasingly complex world. At the same time, customers are making new demands: digital access, sustainable investment options, and individual configuration of performance are a few examples here.

But what exactly to do? Where to invest? How to secure profitability? Answering these questions requires a comprehensive analysis of the company’s own product and sales strategy. Ideally, it will be possible to refinance some of the necessary investments through the focused use of technology and changes to the service models offered. The Private Banking 2023 topic paper offers you concrete starting points for evaluating your business model and identifying areas for action.

Consileon has been assisting national and international private banks with strategic and operational issues for several years. We are at your disposal for an exchange and for support in implementation projects.