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.
Liquidity Insurance
MishTalk
JANUARY 23, 2014
Nick Nelson, an equity strategist at UBS, said: “ Chief executives and chief financial officers have been battle-scarred by 2008-09, when they couldn’t get financing when they wanted it. Cash Cow Capex Thesis vs. Liquidity Insurance Thesis Nick Nelson has it correct. Cash is just not going to be used for the way Deloitte suggests.
Insurance 
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Creating Value in Insurance M&A
BCG
MAY 2, 2016
This article is based on “Influencing Outcomes in a Consolidating Insurance Industry: Three Keys to Value Creation,” by Pia Tischhauser, published in January 2016 in The Geneva Association’s Insurance and Finance Newsletter. Although not quite at the stage of mania, mergers have been sweeping the global insurance industry.
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Wealth Management: Building and Protecting Fortunes
Tom Spencer
APRIL 14, 2023
Wealth managers assist their clients to do this through a combination of strategies involving financial planning, investment management, and risk management. Wealth managers may also make recommendations about tax-efficient investment strategies and assist with estate planning to help clients pass on their wealth to future generations.
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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.
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Example Companies Involved with Behavioral Economics
Steve Shu Consulting
JULY 1, 2018
Lemonade: Lemonade Renters & Home Insurance | Protect The Stuff You Love. Voya: Behavioral Finance | Voya For Professionals. Steve Shu specializes in incubating new initiatives with a primary focus on strategy, technology, and behavioral science. Geisinger: Research Director, Applied Behavioral Insights @ Geisinger.
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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.'
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My Behavioral Science, Design, and Business Book Reading List
Steve Shu Consulting
JULY 4, 2015
Psychology, Behavioral Economics and Finance. Business and Strategy. Blue Ocean Strategy (Kim and Mauborgne). Insurance & Behavioral Economics (Kunreuther, Pauly, and McMorrow). Perhaps you’ll find something of here of interest to you for your weekend read. I am also open to getting more book recommendations.
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How the Insurance Industry Can Push Us to Prepare for Climate Change
Harvard Business
AUGUST 28, 2017
It might seem, then, that private insurance can be of little help in addressing climate change. There’s concern that for-profit insurers won’t want to insure risky properties, and that individuals won’t have the wherewithal to buy insurance plans in the first place. Dating back to at least F.
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The Transformative Power of AI in Business
Tom Spencer
JUNE 9, 2023
For example, in industries like finance and accounting, AI-powered systems can process invoices, perform data entry tasks, and generate financial reports with minimal human intervention. Robotic Process Automation (RPA) is becoming widely adopted to automate manual processes, reduce errors, and increase efficiency.
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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
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HR Guide to Company Culture: 5 Tangible Leverage Points
LSA Global
APRIL 4, 2024
An HR Guide to Company Culture and Your Organizational DNA When it comes to people and organizational dynamics, the concept of company culture can seem nebulous and less vital when compared company strategies, systems, people, or finances. The truth is that different companies do things and present themselves differently.
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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
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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.
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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. You may be eligible to get quality health insurance through the Health Insurance Marketplace. ObamaMarket Insurance.
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73 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.
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28 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. Corporate Risk Management and Risk Financing. Insurance Industry Consulting. The knowledge gained of the healthcare industry at Towers Watson would certainly qualify you for a role at a strategy firm in a healthcare practice.
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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. Asset management can be broadly divided into retail and institutional asset managers depending on whose money they handle.
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Russia Debt One Grade Above Junk With Downgrades Coming, How Likely is Default?
MishTalk
DECEMBER 27, 2014
Anton Siluanov, finance minister, said state-owned VTB, the second-largest lender by assets, could receive Rbs100bn before the end of this year and another Rbs150bn in 2015, while Gazprombank could be allocated Rbs70bn. The central bank said that the state-run Deposit Insurance Agency would provide Trust Bank with up to Rbs99bn.
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The AI and ChatGPT Boom: What You Need to Know
Comatch
MAY 3, 2023
It is great for initial brainstorming exercises — either for client workshops or for brainstorming in a dialogue with the AI — and obtaining foundational insights that will inform your strategy throughout a project. However, AI can have both positive and negative consequences in finance.
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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.
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43 Target Drops Healthcare Coverage for Part-Time Workers, Claims No Reduction in Hours; Thank Your Employer?
MishTalk
JANUARY 22, 2014
Effective April 1, Target to Drop Health Insurance for Part-Time Workers. The Affordable Care Act created new government-run health insurance exchanges to sell coverage to uninsured people, often with premiums discounted by federal subsidies. Finance says You May Want to Thank Your Employer. percent of their income.
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Oliver Wyman Careers
CaseInterview.com
JULY 18, 2019
Marsh and McLennan is a large, publicly-traded professional services and insurance brokerage firm with over 50,000 global employees and $10 Billion in revenue. The General Management Consulting practice most resembles that of a traditional strategy consulting experience. Corporate finance advisory. Leadership Development.
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49 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 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.
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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.' Sitka Pacific is an asset management firm whose goal is strong performance and low volatility, regardless of market direction.
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Accenture Careers
CaseInterview.com
JULY 18, 2019
The Financial Services Operating Group concerns itself with Banking, Capital Markets and Insurance. Finance and Performance Management. For More information on Finance and Performance Management go here: [link]. The Health and Public Service operating group focuses on those industries. Process and Innovation Performance.
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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.”
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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.
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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.
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European Commission President Jean-Claude Juncker Caught in Another Lie, Plans Mutualized Bank Guarantees
MishTalk
NOVEMBER 12, 2015
Brussels is drawing up plans to gradually siphon cash away from national bank deposit guarantee schemes over the next decade to fund a new eurozone-wide insurance system, a move likely to trigger a bitter clash with Germany. Visit [link] to learn more about wealth management and capital preservation strategies of Sitka Pacific.
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28 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. .”
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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. Transformation Strategy. Finance and Controlling Processes. IT Operations.
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100 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.
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Is the Selloff in Treasuries Overdone?
MishTalk
SEPTEMBER 5, 2013
Central bankers are shifting to forward guidance, which if reliable, allows financial markets and real economies to plan several years forward in terms of financing rates and investment returns.”. the basis for curve rolldown and volatility strategies that have higher. longer-dated TIPS as insurance against just such an outcome.
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NERA Economic Consulting Interviews – Moving Up in a Down Economy
Management Consulted
SEPTEMBER 30, 2013
While MBB’s main focus is strategy, economic consulting firms like NERA focus is on economics first and strategy second. . Finance: Bankruptcy, Consumer Protection in Financial Services, Financial Institutions and Banking, Financial Risk Management. . Regulatory: Auctions, Regulatory Economics. . The key reason?
Job Hub: Starbucks Jobs and Culture
Management Consulted
APRIL 26, 2015
Starbucks even offers stock options, health insurance, and Bachelor Degree tuition reimbursement (the new and impressive Starbucks College Achievement Plan) for part time employees. We offer a bi-monthly newsletter (by application only) for high level strategy jobs at top firms around the world. Starbucks Interview Tips & Tricks.
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100 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?
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.
What the CVS-Aetna Deal Means for the Delivery of U.S. Health Care
Harvard Business
DECEMBER 5, 2017
The recent announcement of CVS’s $69 billion deal to acquire Aetna brings an insurer together with a large network of primary care providers: CVS has built more than 1,100 Minute Clinic locations inside its pharmacy stores in 33 states and the District of Columbia. But back to the insurers.
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28 MarketWatch Infomercial: Can Millennials Finally Afford a Home?
MishTalk
JANUARY 28, 2015
New Rules The administration earlier this month cut the premium that borrowers with a Federal Housing Administration loan must pay for mortgage insurance to 0.85% from 1.35%. Answer Number 1: Damian Maldonado is CEO and co-founder of national mortgage lender American Financing. Let''s start with a look the new rules.
Finance 28
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29 Page Memo Proves Greek Parliament is Puppet Government Run by Germany; Devil Details and EU Guarantees
MishTalk
AUGUST 12, 2015
The memo covers damn near every aspect of Greek finances, effectively making the Greek parliament a puppet government of Germany. A one line preamble note reads “ the recovery strategy takes into account the need for social justice and fairness ”. He said: "The Greek finance minister… says more or less the same thing.
Government 28
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Customer intent is a treasure trove of actionable data hiding in plain sight
1 to 1
JULY 29, 2022
“Oftentimes, the user experience developed by a company for its customers overlooks critical components of the underlying intents the customer wants resolved through their customer experience (CX),” says Ravi Bharadwaj, executive director of corporate strategy at TTEC. “By
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Attended vs. Unattended RPA: It Doesn’t Need to be an Either-Or
1 to 1
JUNE 1, 2021
Industries that can particularly benefit from automation run the gamut: retail, healthcare, automotive, government, communications, travel and hospitality, financial services, and insurance. And RPA can help employees across the board in an organization: customer care, sales, finance, HR, supply chain, IT, and procurement.
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