Firms need to build robust digital infrastructure to keep up with demand from individuals, says Bain & Co. in a July 6 insights report post.
Building a new industrial model is the answer, but it will entail changes along the industry’s value chain. In addition, advisers will need education and compliance oversight to become comfortable with the attendant risk when it comes to private assets.
Several models have emerged to address these barriers. Each has different features and operational and strategic implications for the companies involved.
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