DUBLIN, Ireland—(BUSINESS WIRE)—Research and Markets (http://www.researchandmarkets.com/reports/c49544) has announced the addition of “The Case for Online Wealth Management” to their offering

Online wealth management as a business model failed early on because wealthy clients did not want their fortunes managed remotely without the support of a face to face relationship.  The concept remains attractive, however, because of lower delivery costs, client convenience, and the increasing comfort wealth clients feel with the Internet.

This report explores the best way to redesign this distribution channel.  Scope of this title:

- Strictly focused on the internet as a tool for wealth managers and private banks, both currently and in the future.

- Based on an extensive analysis of some of the worlds top private banks website offerings for both prospective and existing customers.

- Companies researched include Barclays Private Banking, Coutts, BNP Paribas Private Bank & UBS Wealth Management.

Highlights of this title:

Wealth managers are becoming increasingly aware of the potential of the online platform within the overall structure of their advisory offering. However, there are as yet few wealth management firms who are fully harnessing the inherent potential of the internet as a medium for meeting client demands.

The use of technology is slowly gaining in relevance and the pace of technological development is reflecting the demands of a customer base that is increasingly turning to the internet to communicate with their relationship manager, co-ordinate investment plans and manage the holdings and overall structure of their portfolio.

Art-based investments are an area of significant potential in the wealth management market and various wealth managers have recognized this demand and reacted accordingly either by devoting a significant portion of their online offering to art investment, or in some cases offering separate websites altogether.