London, 27 March 2019 – No FI of any type has been able to get away from the impact of Europe’s revised Markets in Financial Instruments Directive. The directive’s repercussions reach across almost the whole value chain at firms and have already brought about many changes. Investor protection is at the heart of MiFID II, especially for the wealth management industry. Even though more than a year has gone by since MiFID II’s implementation, wealth managers and private banks still face challenges around key aspects of its investor protection paradigm.
This report focuses on the MiFID II investor protection concerns that continue to plague executives at these firms. It is based on primary interviews with executives on the regulatory and advisory teams at wealth and investment management firms headquartered in Europe between January and March 2019.
This 19-page Impact Note contains one figure and two tables. Clients of Aite Group’s Wealth Management service can download this report, the corresponding charts, and the Executive Impact Deck.
This report mentions Nutmeg and UBS.
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