A decade that was relatively kind to investors came to an abrupt end earlier this year. Wealth managers are navigating an unfamiliar economic backdrop, with interest rates being cut below levels seen during the great financial crisis, unprecedented government support to assist businesses, rising social tensions, and increasing unemployment.
The world has changed, and wealth managers need to continue to adapt quickly. Mercer recently published a framework for prioritizing action during a crisis. Now, in a new paper, we highlight five critical areas that wealth managers should focus on as the world attempts to look beyond COVID-19:
Download the new white paper to read more.