Wealth Management 101: The Hidden World of Private Banking
Tom Spencer
JUNE 30, 2023
The financial services industry comprises firms that operate across a range of sectors: Asset & Wealth Management, Banking & Capital Markets, and Insurance.
Banking Finance Operations Strategy 
3 ways financial advisory consulting bests strategy consulting
Management Consulted
JULY 22, 2013
From the variety of work and access to C-level executives to the wide array of exit opportunities, strategy operations consulting far surpassed financial advisory consulting as our recommended career to pursue. Find it here: 5 reasons to choose strategy operations over financial advisory consulting. Missed part one?
Financial 
194
194 Join 76,000+
Insiders
Sign Up for our Newsletter
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Trending Sources
Management Consulting versus Investment Banking
Management Consulted
DECEMBER 16, 2008
The cons of investment banking – the long hours, the repetitive and unengaging nature of the work, the lack of non-finance exit opportunities – mattered far more to me than a 6-figure salary. Cashflow or not, the extra money is substantial and a defining driver of why many people do investment banking. 2 LIFESTYLE.
Banking 272
272 Fintechs May Be Corporate Banks’ Best “Frenemies”
BCG
JULY 5, 2016
For all the angst over the disruptive impact of financial technology providers, the smart money in corporate banking sees fintechs as strategic allies, not enemies. Over the past decade, the fintech market has become a hotbed of customer-centric banking innovation.
Banking 75
75 
Transitioning from Management Consulting to Corporate Strategy/M&A – the Interview Process
Tom Spencer
FEBRUARY 28, 2021
As a result, many consultants shift to industry and join the client’s side so that they can not only offer solutions but also take more ownership to formulate, execute, and implement a strategy from start to finish. BizOps / Strategy & Operations at tech firms. Corporate Strategy. What is corporate strategy?
Interviews 68
68 
Project Midas: "Bad Bank" for "Bad Banks"
MishTalk
FEBRUARY 21, 2014
I seriously do not understand this "Bad Bank" concept. If for some reason you disagree, please note that Spain now needs a "Bad Bank" for "Bad Banks". Via translation from El Economista, please consider Another bad bank? Hopefully investors in "bad banks" in Spain have learned their lesson.
Banking 74
74 
The Transformative Power of AI in Business
Tom Spencer
JUNE 9, 2023
In the digital age, businesses are constantly seeking innovative ways to gain a competitive edge and streamline their operations. From enhancing customer experiences to optimizing decision-making processes, AI is reshaping the way businesses operate and opening up new possibilities for growth.
Data 147
147 
China Faces "Minsky Moment" on Ponzi Financing
MishTalk
MARCH 21, 2014
Inquiring minds are tuning into a report on the Ponzi finance setup in China. In recent weeks, a trip to the region and further research into China’s shadow banking system have convinced us that China is approaching its “Minsky Moment,” which increases the chances of a disorderly unwind of China’s excesses. Morgan Stanley agrees.
Finance 75
75 
Embracing Experiential Learning
Tom Spencer
MARCH 11, 2022
A few experiential learning opportunities to look for on campus include consulting clubs, finance clubs, student government, and technology development teams. As a result, students get a glimpse into what working in a particular space may feel like such as consulting, finance, politics, or technology. Opportunities on-campus.
Finance 88
88 6 Ways You Can Prepare for Consulting Right Now
Management Consulted
JANUARY 29, 2017
Here are 6 ways to prepare for consulting as you wait for the next chance to drop that resume: 1) Go work for a brand name company, but do something that is sales, operations, or strategy related. 4) Get a job in finance, but not personal finance (financial advisory consulting or in an internal finance department of a company).
Consulting 100
100 
Asset Management – Industry Overview (Part 1 of 4)
Tom Spencer
MAY 18, 2019
These asset classes can include public equities/stocks, fixed income/bonds, money markets, commodities, infrastructure, real estate and alternative strategies – including hedge funds, private equity and venture capital. Operating Margins. When the mandate of the asset manager is to grow the capital, the fee will be higher.
Industry 113
113 List of strategy consulting firms in Hong Kong
Tom Spencer
SEPTEMBER 29, 2011
List of strategy consulting firms in Hong Kong 2011. List of strategy consulting firms in Hong Kong. OC&C Strategy Consultants. Roland Berger Strategy Consultants. Established in 1989, Accenture operates in more than 120 countries worldwide. Founded in 1983, A&M operates in 38 cities worldwide.
Oliver Wyman 107
107 
Strategy and general business consulting firms in Australia
Tom Spencer
MAY 31, 2012
Strategy and general business consulting firms in Australia 2012. THE list of strategy and general business consulting firms is part of the full list of consulting firms in Australia : Tier One – Global. Pacific Strategy Partners. Bain operates in 47 offices across 30 countries. Definitions. Helpful Links.
Oliver Wyman 122
122 Oliver Wyman interview preparation: the inside story
Management Consulted
AUGUST 1, 2013
Oliver Wyman’s strategy consulting practice has made waves specifically in the financial services sector , and beyond as well. Now a subsidiary of Marsh & McLennan, Oliver Wyman is known to give MMC its strong reputation as experts over other insurance providers because of the firm’s focus on strategy. Public Policy.
Oliver Wyman 201
201 
Highland Park Michigan Skids Towards Bankruptcy, Public Union Pensions to Blame as Usual; Fifth Third Bank and Highland Park in Pension Funding Lawsuit
MishTalk
JANUARY 20, 2014
Michigan Live reports Highland Park pensions in jeopardy if Fifth Third Bank halts loan payments. The city of Highland Park is operating on financial fumes and the pensions of its retirees could be in jeopardy if Fifth Third, one of the banks providing loans to the municipality, cuts of the money stream.
Banking 76
76 
Winning Isn’t Everything: The Art of Playing Well
Tom Spencer
MARCH 17, 2023
This idea has been echoed by some of the most influential figures in the business and finance world, including Professor Michael Porter, Michael Lewis, and Warren Buffett. Investment banks made huge profits along the way, and often knew that these securities were overvalued and going to fail.
Ethics 78
78 How the Great Recession Changed Banking
Harvard Business
OCTOBER 31, 2017
Just over 10 years ago, French bank BNP Paribas froze U.S. There was a run on British bank Northern Rock. Over the next year, many banks fell. Investment bank Bear Stearns collapsed. We expect investment banks to embark on an even more fundamental makeover during the next decade. The New Face of Investment Banks.
Banking 28
28 How Banks Can Compete Against an Army of Fintech Startups
Harvard Business
APRIL 26, 2017
It’s been more than 25 years since Bill Gates dismissed retail banks as “dinosaurs,” but the statement may be as true today as it was then. Banking for small and medium-sized enterprises (SMEs) has been astonishingly unaffected by the rise of the Internet.
Banking 31
31 
Venture Capital: What it Takes to Succeed
Tom Spencer
JUNE 23, 2023
Venture capital firms have a wide range of investment strategies and focus on different types of companies and industries. The length of the hold period depends on the investment strategy and the specific goals of the venture capital firm.
Industry 78
78 
The AI and ChatGPT Boom: What You Need to Know
Comatch
MAY 3, 2023
As a language model, ChatGPT can aid in internal communication by helping translate ideas between departments that sometimes operate in different languages (for example the business and development departments). However, AI can have both positive and negative consequences in finance.
Efficiency 52
52 
Zombie Banking System Takes Another Leap Forward; Sugar Crisp Buybacks
MishTalk
MARCH 11, 2015
The means banks choose to finance buybacks and pay for dividend hikes is irrelevant to most (the unthinking crowd), but amusing or scary to others. Zombie Banking System Progression Reuters writer David Henry explains U.S. Banks'' Buybacks, Dividends may be no Reason for Shareholder Celebrations.
Banking 28
28 
Banks – Industry Overview
Tom Spencer
NOVEMBER 9, 2019
The Business of Banking. Banks are intermediaries for capital and hold the risk when supply and demand is not perfectly balanced. Commercial Banking. A bank, on the other hand, can diversify this credit risk and reduce the average cost of vetting each loan by lending to many borrowers. Investment Banking.
Banking 12
12 
5 Entrepreneurship Skills You’ll Get from an MBA
Tom Spencer
APRIL 29, 2022
The most valuable asset of a business is not its products, cash in the bank, computers, or proprietary data, but its reputation. An MBA also allows you to sharpen your hard skills in areas such as finances, operations, strategy, planning, supply-chain management, and legal. Sharpening your hard business skills.
Ethics 88
88 
Mish's Global Economic Trend Analysis: Expect Another "Bad Bank.
MishTalk
JULY 14, 2013
Get Involved The State of the Unions Finances: A Citizens Guide. Expect Another "Bad Bank" Bailout in Spain; Humorous Details of Sarebs Property Assets. Spains bad bank, Sareb, has plans to unload 45,000 distressed properties in five years, over 7,500 of them in 2013. Expect Another Bad Bank Bailout. Home Builders.
Banking 76
76 The consulting case study: What you need to know
freshminds
MARCH 5, 2018
Different industries need to test different skills and therefore depending on whether you’re applying to management consultancies, strategy consultancies or investment banking, your case study will be slightly different. Strategy Consulting : tend to use “strategic” type case studies (more details below).
Case Study 53
53 You Don’t Need an “India Strategy” — You Need a Strategy for Each State in India
Harvard Business
DECEMBER 15, 2017
Already a large domestic market, Frontier Strategy Group’s estimates suggest the country will average growth rates between 7.4% Step 2: Measure operating environment. The business and operating environment varies remarkably across states. Linda Coussement/eyeem/Getty Images. over the next three years.
Strategy 28
28 
30% Bail-In Haircuts on Greek Deposits Over €8,000 Coming Up; Banks to Raid Deposits to Avert Collapse
MishTalk
JULY 3, 2015
30% bail-in haircuts on Greek bank deposits are coming up. The plans, which call for a “haircut” of at least 30 per cent on deposits above €8,000, sketch out an increasingly likely scenario for at least one bank, the sources said. “It Today I report it's too late. This is not something that is going to happen immediately.”
Banking 28
28 
Accenture Careers
CaseInterview.com
JULY 18, 2019
The Financial Services Operating Group concerns itself with Banking, Capital Markets and Insurance. The Health and Public Service operating group focuses on those industries. The Health and Public Service operating group focuses on those industries. Finance and Performance Management. For more: [link].
Accenture 45
45 Brand Architecture – Selecting the Right Brand Architecture post M&A (Part 2 of 2)
Tom Spencer
MAY 11, 2019
When two companies are going through a merger or an acquisition (M&A), the branding strategy is often the last thing that senior management thinks about, wrongly assuming that it’s more a creative decision than a business call. In this post, we will take a look at three common approaches to post-M&A branding strategy.
Strategy 60
60 
Lessons From Events
Martinka Consulting
JANUARY 18, 2019
Some of the insights offered by our panel included: Make sure management wants to take on the responsibility of ownership, and, most importantly, they are willing to sign personal guarantees (and if there’s a bank use their home equity as collateral). Financing options, the bank and more. to make decisions.
Banking 40
40 
The Top 8 Undergrad Consulting Majors
Management Consulted
OCTOBER 30, 2016
Finance – A Finance degree not only shows that you’re proficient in math, but also implies you’re inquisitive and like to get to the root of problems. To be specific, a degree in finance shows that you not only know the numbers, but can communicate them in a way that is easy to understand.
Consulting 100
100 
Flourishing in a Social Enterprise World
Tom Spencer
AUGUST 15, 2013
Your employer operates with the express aim of benefiting members of the community and reinvests all profits to further its social aims. Imagine waking up in a world where you feel positive and motivated about going to work, knowing that your work provides value to customers in a way that is sustainable and responsible.
Enterprise 112
112 
Why Life Insurers and Asset Managers Must Join Forces to Win
BCG
DECEMBER 15, 2016
Yet that income stream is weakening, as low-risk investment yields dip toward 0% and central banks continue to drain the bond markets. In their efforts to adapt to this upside-down world, life insurers are focusing on optimizing their investment strategies and operations.
Insurance 40
40 
Why consulting?
Management Consulted
OCTOBER 3, 2012
The prize for best answer was a FREE Consulting Case Bank and The Consulting Bible 3rd edition – a HUGE giveaway – so we weren’t surprised when we heard from so many of you. New ideas and strategies while working on the projects, finding different ways of doing things more effectively; I started feeling enthralled.
Consulting 204
204 
Strong Economy – Strong Buy-Sell Market
Martinka Consulting
APRIL 26, 2019
Sixty percent of them delayed their exit by at least two years, as per a study by Sun Trust Bank. It’s not reckless money like it was 15 years ago but financing options abound, including for lower middle market and below sized deals. It’s because we had a little event 10 years ago affectionately called the “Great Recession.”
Marketing 40
40 Ukraine PM Accuses Russia of Wanting WWIII; Kiev Forces Block Rebel Town; Russia Issues Downbeat Economic Statement
MishTalk
APRIL 26, 2014
Ukraine forces barricade the rebel stronghold of Slavyansk Russia Issues Downbeat Economic Statement The World Politics Journal notes Russia’s central bank issues a downbeat statement on the Russian economy. On Friday, April 25th, Russia’s central bank raised its benchmark interest rate by 50 basis points to 7.5
Benchmarking 67
67 
Another Ghost Town in China, This Time a Replica of Manhattan
MishTalk
JUNE 27, 2014
A Tianjin local-government financing vehicle connected to the developments said revenue fell 68 percent in 2013 to an amount that’s less than one-third of debt due this year. Sales of bonds by local-government vehicles to repay bank loans are just “buying time,” he said.
Hotels 78
78 SBA Acquisition Loans – A Win-Win-Win Especially for the Seller
Martinka Consulting
OCTOBER 3, 2013
Pre-Great Recession - banks competed for business acquisition loans and I remember one client’s summary that had eight banks, eight approvals, seven banks using the SBA loan guarantee program (called SBA loans from now on) and my client took the non-SBA offer. Buyers, banks and especially sellers! Who benefits?
Cash Flow 40
40 Controversy in Detroit: What's a Fair Settlement of Bondholder and Pension Obligation Claims?
MishTalk
FEBRUARY 4, 2014
Today, the New York Times reports Detroit Turns Bankruptcy Into Challenge of Banks. Orr, seeks to invalidate complex transactions that helped finance Detroit’s pension system in 2005. In a not-so-veiled criticism, the city said the deal was done “at the prompting of investment banks that would profit handsomely from the transaction.”
Insurance 72
72 
Consultant Ninja: Friedman Billings Ramsey and Tom Peters.
Consultant Ninja
MARCH 23, 2009
Friedman Billings Ramsey was hot back in 2005 - boutique investment bank, middle market, a cool FBR acronym. The investment bank still operates as FBR Capital Markets. It is probably better explained by decent execution of a decent strategy during a REALLY GREAT time to be in finance. I am a strategy consultant at.
Oliver Wyman 100
100 
When Selling – Take Action
Martinka Consulting
FEBRUARY 13, 2020
Making everything (operations, finance, marketing, etc.) And the bank looks at it with a completely different set of eyes, given they really want to get paid back. Operations and management systems in place that will make a transition smooth. Like with our cabin, it starts with cleaning. and those “things” are).
Financial 40
40 
Learn By Teaching
Martinka Consulting
APRIL 19, 2015
It got me thinking, if you, whether you’re in manufacturing, banking or anything in-between, were training someone to fill-in for you while you take a month off, what are the top five things you would tell them to do? This could be marketing efforts, employee management, operations, sales, finance or any other aspect of your business.
Finance 40
40 
France in Review: Perfect Track Record of Economic Ineptitude
MishTalk
DECEMBER 31, 2013
Visit [link] to learn more about wealth management and capital preservation strategies of Sitka Pacific.' France managed. Here are some headlines. Sitka Pacific is an asset management firm whose goal is strong performance and low volatility, regardless of market direction.
Finance 75
75 
Not All Business Buyers are Created Equal – Part One
Martinka Consulting
FEBRUARY 11, 2020
Financial buyers tend to want a return on investment based on the current operations. Family offices are very wealthy families that often want to diversify their holdings by purchasing operating companies. So, you have to be ready, and you have to be ready for your logical buyer. Types of Buyers. to boost the return.
Let's personalize your content