In order to stay competitive in today’s tough economic environment, the wealth management industry is looking to new markets for revenue streams. The recent growth of the self-directed investor client segment has presented an opportunity. Several successful online brokerages have emerged to service this growing customer segment, but there are some full-service wealth management institutions that are still weighing whether they should fully invest.
Scivantage’s Joe Stensland examines the growth of the self-directed investor channel and its impact on the wealth management industry in Bobsguide.
Read the full article on the self-directed investor market growth trend.