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.
Finance Insurance Operations Strategy 
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 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
Why Life Insurers and Asset Managers Must Join Forces to Win
BCG
DECEMBER 15, 2016
Article Thursday, December 15, 2016 Life insurers are feeling the squeeze. In their efforts to adapt to this upside-down world, life insurers are focusing on optimizing their investment strategies and operations. The industry’s overall business growth has stalled, and investment income has become a critical mainstay.
Insurance 40
40 
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. Our analysis indicates that China’s economy has arrived at that unstable state where speculative and Ponzi finance appear to dominate. Visit [link] to learn more about wealth management and capital preservation strategies of Sitka Pacific.'
Finance 75
75 
List: Global Strategy Firms 2013
Tom Spencer
JULY 22, 2013
List of Global Strategy Firms in 2013. BELOW is a hand-picked list of leading Global Strategy Firms. Maybe not, but seeing as Sydney is at the other end of the earth you would expect a truly global strategy firm to have an office there (if you want to see a list of purely Aussie strategy firms for 2013, click here ).
Oliver Wyman 83
83 
2014 List of Strategy Consulting Firms in Sydney
Tom Spencer
MAY 15, 2014
The definitive 2014 List of Strategy Consulting Firms in Sydney. Below is our 2014 list of strategy consulting firms in Sydney. This list will be of interest to you if you live in Sydney (or you would like to live in Sydney), and: you want to become a strategy consultant, or. Pacific Strategy Partners. Source: Flickr ).
Oliver Wyman 76
76 
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.
Oliver Wyman 201
201 
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. As a general rule, higher AUM means a better operating margin for traditional asset managers.
Industry 113
113 
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 
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 
Towers Watson Consulting Interviews and Culture
Management Consulted
FEBRUARY 7, 2016
Watson & Sons became the prime advisor to the British government on social insurance programs. The practice areas at Towers Watson reflect the operational nature of consulting projects at the firm: Communication and Change Management. Corporate Risk Management and Risk Financing. Insurance Industry Consulting.
Interviews 100
100 
Robo-Advisers Are Coming to Consulting and Corporate Strategy
Harvard Business
JANUARY 12, 2018
Corporate strategy is complex, and the advice is expensive. This makes corporate strategy an enormous and untapped prize for “robos” and “AI-enabled” expert advice across the entire enterprise; this market is ripe for disruption much the way the financial investing industry was in 2008.
Strategy 28
28 
Infosys Consulting Interviews & Culture
Management Consulted
NOVEMBER 27, 2016
Birthed in 2004 as a spin-off of Indian tech outsourcing behemoth Infosys Technologies, Infosys Consulting is quickly climbing the charts as an industry leader in IT Operations and Strategy consulting. Strategy and Architecture. IT Strategy. IT Operations. Transformation Strategy. SAP Operational Excellence.
Interviews 100
100 
Obamacare Fraud Free-For-All Now Underway; "ObamaMarket" Enrollment Starts October 1
MishTalk
SEPTEMBER 11, 2013
Finance Exchange says Obamacare Could Be a Fraudsters’ Free-For-All. Have any idea where to find a health insurance exchange? they need insurance, and help enroll them in Obamacare if necessary. Overseas operators have already started their phone calls. ObamaMarket Insurance. Rick Newman, writing for Yahoo!Finance
Insurance 73
73 
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 
Controversy in Detroit: What's a Fair Settlement of Bondholder and Pension Obligation Claims?
MishTalk
FEBRUARY 4, 2014
And in the view of bondholders, bond insurers and other financial institutions, it only grew worse last week after the city circulated its plan to emerge from bankruptcy and filed a lawsuit on Friday. Orr, seeks to invalidate complex transactions that helped finance Detroit’s pension system in 2005.
Insurance 72
72 How One Nonprofit Is Expanding Health Care for the Uninsured
Harvard Business
OCTOBER 11, 2018
If the Affordable Care Act unravels in the near term, the number of insured could creep back up to 50 million, the level in 2009. These numbers exclude the millions more who are under insured — people with high deductibles, high copays, and benefit caps that leave them very exposed if they fall seriously ill and are hospitalized.
Nonprofit 28
28 
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. This expertise may be as broad as “operations turnaround” and as specific as “benchmarking for insurance companies.”
Banking 272
272 
How Leading Companies Build the Workforces They Need to Stay Ahead
Harvard Business
SEPTEMBER 6, 2017
Business-critical roles — that is, the jobs that are central to differentiating a company from its competitors and successfully executing its strategy — will also change. Take insurance, for example. In years past, an important source of competitive advantage for insurers was the ability to price risk better than rivals.
Company 43
43 
Split Appeals Court Rulings on Obamacare Subsidies; Pizza Party for Obama? How Much Would Premiums Rise?
MishTalk
JULY 22, 2014
Two federal appeals court panels issued conflicting rulings Tuesday on whether the government could subsidize health insurance premiums for people in three dozen states that use the federal insurance exchange. million people who were found eligible for subsidized insurance in the federal exchange, or marketplace.
Insurance 63
63 
Why consulting?
Management Consulted
OCTOBER 3, 2012
New ideas and strategies while working on the projects, finding different ways of doing things more effectively; I started feeling enthralled. ” “I became interested in consulting while doing a PhD investigating regional economic integration in East Asia and Japan’s international trade strategy. .”
Consulting 204
204 
Top 10 Consulting Firms in Boston
Management Consulted
JULY 2, 2017
The industry focus in Boston is on Financial Services, Wealth & Asset Management, Banking & Capital Markets, Insurance, Technology, Life Sciences & Health, and Private Equity. EY’s #3 Boston ranking – behind the prestigious BB firms – owes its honor mostly to Parthenon’s reputation for impressive strategy.
Oliver Wyman 72
72 BearingPoint Interview Preparation – Mystery or History?
Management Consulted
JANUARY 20, 2014
However, today BearingPoint is emerging as a player in the operations and technology scene, especially in Europe, and has re-established an impressive growth trajectory. Now, BearingPoint is operated as a Netherlands-based partnership which consisted of 120 partners in 14 countries throughout Europe. Strategy & Business Executive.
BearingPoint 139
139 The Innovation Health Care Really Needs: Help People Manage Their Own Health
Harvard Business
OCTOBER 30, 2017
Seeing the potential to improve health with simple primary-care strategies, some of the biggest incumbent players are inviting new entrants focused on empowering consumers into their highly regulated ecosystems, bringing down costs. One big incumbent that has become more receptive to disruptive innovation is the insurance giant Humana.
Insurance 28
28 
Three C’s Framework
Tom Spencer
JULY 16, 2015
For example, a doctor may prescribe medicine, paid for by an insurance company, and used by the patient. Competitive Strategy. What competitive strategy is the competition pursuing? What is the competition’s pricing strategy, distribution strategy and growth strategy? Competitive Strategy.
Attended vs. Unattended RPA: It Doesn’t Need to be an Either-Or
1 to 1
JUNE 1, 2021
It streamlines operations and frees customer-facing employees up to focus on more meaningful interactions with customers. Industries that can particularly benefit from automation run the gamut: retail, healthcare, automotive, government, communications, travel and hospitality, financial services, and insurance.
Software 26
26 Conversation with Marakon
Tom Spencer
JUNE 7, 2015
What made you decide to pursue a career in strategy consulting? To date, a lot of our work in financial services has been focused on insurance and wealth management. Tom: Marakon is a leading strategy consulting firm. How does finance link to strategy and basic accounting? How do you work with clients?
Seabury Group Interviews and Culture
Management Consulted
JUNE 14, 2015
Founded in 1995 by former Bain consultants and headquartered in New York City, they focus on developing airline strategy and implementing major operational turnaround. In fact, in terms of firms we profile, they are truly one of the new kids on the block. As far as the firm’s history, that’s about as in depth as it gets. Human Capital.
Groups 100
100 
Joint Ventures Reduce the Risk of Major Capital Investments
Harvard Business
APRIL 6, 2016
The latest nuclear reactor designs, promising higher safety, longer operating life, and lower operating costs, cost up to $25 billion after factoring in the huge budget overruns. The common idea behind these models is that the company does not have to be the (full) owner of the asset to be its (sole) operator.
Operations 28
28 
China Cash Crunch Eases, For How Long? Three Things China Needs to Avoid; When can Beijing Truly move to Market-Determined Interest Rates?
MishTalk
DECEMBER 26, 2013
The certificates of deposits will push banks closer to an operating environment in which rates are deregulated and are also aimed at improving the circulation of cash in the country’s interbank market. China’s credit boom is still in full swing.
Surveying the Business Landscape
Tom Spencer
APRIL 15, 2015
As part of the project, IBM made three surprising decisions: It allowed Microsoft the right to produce the operating system software and market it separately from the IBM PC; It chose to purchase the microprocessor from Intel; and. What drives the industry: brand, product quality, scale of operations, or technology? Industry Drivers.
Survey 60
60 How Banks Can Compete Against an Army of Fintech Startups
Harvard Business
APRIL 26, 2017
And our analysis suggests there are strategies that they can use to compete successfully online. These low-cost and reliable sources of funds are from taxpayer-insured deposits and the Federal Reserve’s discount window. This amounts to putting a toe in the water, while keeping current operations relatively separate and pristine.
Banking 40
40 Lots of Employees Get Misclassified as Contractors. Here’s Why It Matters
Harvard Business
JULY 5, 2017
And when misclassification is adopted as a business strategy by some companies, it quickly undermines other, more responsible employers who face costs disadvantages arising from compliance with labor standards and responsibilities. As a result, the practice reduces funding to those social insurance systems.
30% Bail-In Haircuts on Greek Deposits Over €8,000 Coming Up; Banks to Raid Deposits to Avert Collapse
MishTalk
JULY 3, 2015
Depositors can withdraw only €60 a day from bank ATM cash machines, while requests to transfer funds abroad have to be approved by a special finance ministry committee in co-operation with the Greek central bank. Visit [link] to learn more about wealth management and capital preservation strategies of Sitka Pacific.
Banking 28
28 
FTI Consulting Interviews and Culture
Management Consulted
FEBRUARY 15, 2015
First, consulting services were added for property and casualty insurance claim adjusters and attorneys. They did much of the work piecing together Mr. Madoff’s money trail and just recently flew over to Puerto Rico for the Puerto Rico Government, who hired FTI to improve operations of utilities and highway units (2014). Technology.
Interviews 100
100 Connecting Unemployed Youth with Organizations That Need Talent
Harvard Business
NOVEMBER 3, 2016
understands both hiring math and competitive strategy when it comes to filling entry-level jobs in its 3,000-plus Gap, Banana Republic, and Old Navy stores. The strategy offers them a rare trifecta: It’s good for the company, youth, and society. Across the U.S., With low unemployment, the competition for talent remains fierce.
Talent 28
28 Credit Guarantees, Fraud, Corruption Fuel China's Credit Bubble; Bankruptcies Rock Loan Guarantors; Beginning of the End?
MishTalk
JULY 9, 2014
The setup is quite reminiscent of the implosion of credit insurers Ambac and MBIA during the US housing bust. It could become the last straw that breaks the camel''s back," said Yan Yipan, the head of law firm Zhejiang Panyuan, which mainly deals with cases related to financing. Many more bankruptcies are on the way.
Real Estate 70
70 Banks – Industry Overview
Tom Spencer
NOVEMBER 9, 2019
Historically, commercial banking and investment banking functions have been separated by law – these restrictions have since been repealed and larger banks tend to take on capital markets operations due to the complimentary nature of the businesses. In secondary markets, the sales & trading function operates as a market maker.
Banking 12
12 
What the Best Transformational Leaders Do
Harvard Business
MAY 8, 2017
In a study of S&P 500 and Global 500 firms, our team found that those leading the most successful transformations, creating new offerings and business models to push into new growth markets, share common characteristics and strategies. Matthew Eyring , Chief Strategy & Innovation Officer of Vivint Inc.
"Tax Nightmare" of Eminent Domain Mortgage Seizures
MishTalk
JULY 31, 2013
Get Involved The State of the Unions Finances: A Citizens Guide. Non-recourse loans: A non-recourse loan is a loan for which the lender’s only remedy in case of default is to repossess the property being financed or used as collateral. Generally, these assets are homestead property, insurance products and retirement accounts.
Real Estate 74
74 
IBM Consulting Interviews: Navigating the IBM GBS Maze
Management Consulted
OCTOBER 18, 2013
Recognizing client’s needs for help managing IT operations and resources, IBM Vice President Robert M. During this same year, IBM introduced Business Recovery Services as a formal business offering for customers, enabling them to continue operations in the event of an unplanned outage or disaster. Finance Risk.
IBM GBS 203
203 
Fighting Uncertainty in Organizations, Including Matrix Ones
Epicflow
OCTOBER 16, 2023
Eli Schragenheim is a respected expert in organizational improvement and strategy, celebrated for his deep knowledge of the Theory of Constraints (TOC). Eli’s innovative approaches and insights continue inspiring professionals and organizations worldwide to achieve operational excellence. Having Insurance (Risk Buffer).
Resources 52
52 Message to 5.7 Million Truck Drivers "No Drivers Needed"
MishTalk
AUGUST 5, 2013
Get Involved The State of the Unions Finances: A Citizens Guide. Many pooh-pooh that idea for insurance reasons, but costs savings and improved technology suggest the trend is inevitable. Traditionally, these trucks would require four drivers to operate 24 hours a day. Dollar Collapse News on the Dollar's Death Spiral.
Real Estate 78
78 
Simmereing Stew; Italy's Finance Minister Joins "United States of Europe" Parade; Germany's "5 Wise Men" Argue for Grexit
MishTalk
JULY 28, 2015
Italy's finance minister, Pier Carlo Padoan calls for ‘Political Union’ to Save Euro. Italy’s finance minister has called for deeper eurozone integration in the aftermath of the Greek crisis, saying a move “straight towards political union” is the only way to ensure the survival of the common currency. Let's start with Italy.
Finance 28
28 
Let's personalize your content