Deloitte named the global leader in wealth management service consulting by Kennedy
SINGAPORE, 10 April 2014 — Deloitte Touche Tohmatsu Limited (DTTL) is pleased to announce that Deloitte has been named the global leader in wealth management service consulting by Kennedy, based on capabilities, in their recently released report, Consulting to the Capital Markets & Asset Management Sector: Wealth Management.
The report details the traits and trends of the capital markets and asset management sector and provides an overview of the opportunities and challenges for buyers and sellers of consulting in the global financial services marketplace, focusing on key trends, growth patterns, the competitive ecosystem, and include profiles of select key firms.
The report notes, "Deloitte delivers consulting capabilities ranging from discrete risk, regulatory and operational improvement initiatives to large transformation initiatives. Deep expertise in risk, regulatory, compliance and advisory creates a platform from which to deliver large business model and operating model initiatives – this is what sets the firm apart."
"We are very proud that Kennedy acknowledged Deloitte as the global leader in wealth management consulting services,” said Chris Harvey, DTTL global leader, financial services. “With increasing global wealth, wealth management is a key business for many of Deloitte’s clients, and Deloitte is proud to be recognised for the great work we do, and the broad capabilities we have to serve these clients."
"Clearly an important recognition for Deloitte” said Mohit Mehrotra, Global Wealth Management Group Leader. “The challenges faced by wealth managers in the region are a combination of demand and supply side issues e.g. inter-generational wealth transfer, profitability and digital. We are proud to be recognised for the broad capabilities which help to address the key issues faced by the wealth managers."