Subject:::Cisco IBSG: Enhance Revenue and Retain Wealth with Young, Tech-Savvy Investors - TMCnet's Financial eNews Financial eNewsletter
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December 12, 2012

Cisco IBSG: Enhance Revenue and Retain Wealth with Young, Tech-Savvy Investors

Technological innovations have played an enormous role in the shift between generations. Every day, younger people are becoming more skilled in technology that did not even previously exist a few years prior for the older generations. From education to healthcare, technology has affected an array of different industries, offering benefits that were once only dreamed of. Now, research is finding that technology is a big part of how the relationships between financial investors and advisers is being created and retained.

Cisco (News - Alert) recently conducted a study, the second annual Cisco Internet Business Solutions Group (IBSG) Wealth Management study, which highlights wealthy investors’ attitudes on how they engage with their financial advisers. The IBSG Global Financial Services Practice helps financial services executives worldwide transform their businesses by addressing complex challenges they face today and capitalizing on the business opportunities of tomorrow. 

The study revealed a $31 billion revenue opportunity with young, tech-savvy investors: wealthy investors aged 55 and younger already represent 40 percent of global investable assets, which is set to increase as they age and inherit assets from older generations during the next 10 years... Read More

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