February 03, 2017 by Sean McDermott The rise of the Millennials may be the consumer marketing story of this decade. This exceptionally large, diverse, digitally savvy and deeply skeptical generation has confounded marketers in many industries, and financial services is no exception. Among Generation Y, the reputation of large financial services firms was deeply damaged by the Financial Crisis, which has […]
December 06, 2016 by Sean McDermott In just a few years, digital advice – or “robo” advice – has almost become a table-stakes offering in the brokerage industry. While much of the attention paid to digital advice focuses on the wealth management industry, fintech firms can be found throughout the financial services ecosystem, including services that aim to disrupt banking, payments […]
November 21, 2016 by Sean McDermott After spending years watching from the sidelines, incumbent investment firms are embracing digital advice services. Since spring 2015, nearly all the major U.S.-based hybrid brokerage firms have introduced proprietary digital advice solutions or announced their plans to do so soon. Meanwhile, many full-service firms are partnering with digital advice providers such as BlackRock/FutureAdvisor and SigFig to provide either their clients or advisors with automated advice solutions. Our newest study, Next-Generation Investing: The Incumbents Arrive, explores the forces driving this activity, which include the pending DOL fiduciary standard and the opportunity to provide a lower-cost, entry-level relationship in order to reach the next generation of investors. The report also analyzes key trends and developments in the digital advice space and how this market may evolve moving forward.
November 17, 2016 by Sean McDermott In this review of the digital advice space, we explore key trends and opportunities in the market, examine digital advice platforms from incumbent firms and leading fintech firms, and discuss the implications these technologies have for the financial services industry.
October 18, 2016 by Sean McDermott Are you successfully engaging the 83 million members of the Millennial generation? Many financial marketers, product managers and strategists struggle to connect with this demographic and serve them effectively. Without knowledge and understanding of Millennial attitudes, behaviors, and preferences, it can be difficult, if not impossible, to reach them. Our new study, Millennials Revisited: Financial Services […]
May 31, 2016 by Sean McDermott Corporate Insight attended the 2016 Benzinga Fintech Awards Gala on May 24, an event recognizing the most innovative companies operating within the capital markets space. The day included thought-provoking panel discussions ranging from big data to alternative lending and investments, as well as numerous platform demonstrations. Beyond honoring the leading players in fintech, the gala […]
October 08, 2015 by Sean McDermott Next-Generation Investing 2015: Digital Advice Matures is now available! Our new comprehensive study focuses on the leading investing and personal-finance related startups in the digital advice industry. The study will cover the past, present and future of these fintech startups and will provide particular value to firms facing the decision to buy, build or white-label a new financial […]
April 29, 2015 by Sean McDermott Corporate Insight is proud to announce the release of our latest study, The Changing Face of Financial Advice: 2015 and Beyond! The study analyzes the challenges that financial advisors face in serving their clients, opportunities that exist for improving current customer satisfaction and acquiring new clients, and how the FA-client relationship is poised to evolve due […]
January 08, 2015 by Sean McDermott Moven recently announced a new smartwatch-optimized app specifically for Motorola and Samsung smartwatches. The watch is used for personal finance management, allowing customers to follow their own personal budgets.