FN Wealth Management Survey 2024 Question Title * 1. What is your current employer? Private bank Family office Vertically integrated wealth manager Discretionary fund manager Other (please specify) Question Title * 2. What is the biggest challenge facing the wealth management sector today? Fee pressure/priced out by cheaper rivals Too much regulation Inadequate investment in technology Lacking scalability Geopolitical/economic uncertainty Other (please specify) Question Title * 3. How do you expect M&A activity in the sector to play out over the next 12 months? Speed up Slow down Stay the same Question Title * 4. Have new regulations introduced over the past several years like the Consumer Duty made the industry better or worse? Please explain (responses are anonymous). Question Title * 5. How important is the adoption of AI for the wealth management industry? Extremely important Very important Somewhat important Not so important Not at all important Question Title * 6. Will wealth managers cut more jobs in the next 12 months? Yes No Maybe Question Title * 7. How would you rate the wealth management industry's approach to diversity, equity and inclusion on a scale of 1 to 5, with 1 being the worst and 5 being excellent? 1 2 3 4 5 Question Title * 8. Which area of the market will offer the biggest growth opportunity over the next 12 months? ETFs Private assets Digital assets Sustainable assets Other (please specify) Question Title * 9. What impact will City listings reforms have on wealth managers' allocations to UK stocks? Increase Stay the same Decrease Question Title * 10. How will banks' revenue generation from wealth management activities change over the next 12 months? Increase Stay the same Decrease Question Title * 11. Will introducing bonuses for investment bankers to refer clients to banks' private wealth divisions work? Yes No Maybe Question Title * 12. Do you expect to see an increase or decrease in wealth managers launching ESG/sustainable portfolios in 2025? Increase Decrease About the same Question Title * 13. Do you expect wealth managers to allocate more towards passive investments over the next 12 months? Increase Decrease Stay the same Question Title * 14. What is the biggest risk that will impact client portfolios over the next 12 months? Geopolitics Interest rate environment US election China Other (please specify) Question Title * 15. Will Switzerland keep its crown in the high-net worth market following the merger between Credit Suisse and UBS? Yes No Maybe Done