Technological and regulatory changes are transforming the wealth management industry around the globe. Morningstar CEO Kunal Kapoor shared his perspectives on the future of the industry and how Morningstar is strategically positioned to help improve investor experience and deliver better outcomes for investors.
Kunal Kapoor: Hi everyone. These are certainly interesting times to be a wealth manager and financial advisors. Not only are we seeing the rise in low cost-investment, but around the world, regulators are beginning to intervening the industry. You are seeing the fee-based accounts take hold. And of course, most importantly, you are seeing new technology enable a whole new generation of investors interact with you, and also change their demands how they like to be served by you
We in Morningstar recognize these changes. But we think there are big opportunites… both to serve the investor and to ensure the investors has an even better outcome than they do today. Along the way we think, if you embrace technology, embrace low-cost investment options, you are ensured that your clients are in even better place than they are today. And we are excited to be your partner in that journey.
The future is definitely going to be different one than the one we have today. But I think it’s going to be an exciting one. And it’s going to be one where the investors win, and by extension, you too win.
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