This statistic shows the distribution of the primary strategic focuses of wealth management firm budgets in the EMEA region (Europe, Middle East, Africa) as of 2016. As the data shows, the majority of wealth managers and private banks operating in the countries of the region focused heavily on revenue growth, with 68 percent of respondents choosing that category. Operational efficiency was the focus of another 11 percent of wealth managers in the sample at that time.
Primary focus of wealth manager investments in the next two to three years in EMEA as of 2016
Characteristic
Share of respondents
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* Priorities balanced between the three aforementioned categories.
The source adds further notes regarding methodology: "EY wealth management practice surveyed more than 2,000 individual clients and 60 wealth management senior executives globally to demystify client experience and uncover potential revenue opportunities for wealth managers."
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EY. (August 8, 2016). Primary focus of wealth manager investments in the next two to three years in EMEA as of 2016 [Graph]. In Statista. Retrieved September 01, 2024, from https://www.statista.com/statistics/710296/wealth-management-business-focus-emea/
EY. "Primary focus of wealth manager investments in the next two to three years in EMEA as of 2016." Chart. August 8, 2016. Statista. Accessed September 01, 2024. https://www.statista.com/statistics/710296/wealth-management-business-focus-emea/
EY. (2016). Primary focus of wealth manager investments in the next two to three years in EMEA as of 2016. Statista. Statista Inc.. Accessed: September 01, 2024. https://www.statista.com/statistics/710296/wealth-management-business-focus-emea/
EY. "Primary Focus of Wealth Manager Investments in The next Two to Three Years in Emea as of 2016." Statista, Statista Inc., 8 Aug 2016, https://www.statista.com/statistics/710296/wealth-management-business-focus-emea/
EY, Primary focus of wealth manager investments in the next two to three years in EMEA as of 2016 Statista, https://www.statista.com/statistics/710296/wealth-management-business-focus-emea/ (last visited September 01, 2024)
Primary focus of wealth manager investments in the next two to three years in EMEA as of 2016 [Graph], EY, August 8, 2016. [Online]. Available: https://www.statista.com/statistics/710296/wealth-management-business-focus-emea/