Abstract

This paper strives to shed light on the current state of the global economic downturn, its impact on the wealth management industry, and how it differs in positive ways from past economic crises.

In addition, this paper will discuss 3 of the major challenges wealth management firms must face head-on as we continue to soldier on through economic uncertainty, as well as 2 key solutions wealth management firms to consider for adding greater stability to their business structures.

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