Technology is now the largest non-front-office cost in wealth management, and investment continues to accelerate. Yet many firms are still struggling to translate that spend into meaningful productivity gains.
In our latest whitepaper, “Wealth Management Update 2026: Competing Under New Rules”, we explore how rising technology investment is reshaping cost structures and increasing pressure to deliver efficiency at scale.
Key insights:
- Technology is now the largest non-front-office cost category, exceeding operations and other support functions.
- Investment is accelerating across platforms, data, and AI as firms modernise and scale digital capabilities.
- Converting this investment into productivity gains at scale remains a key challenge.
If you would like to know how BCG Expand can help your firm get more value from technology investment and improve productivity, connect with Youssef Intabli, Grace Miu, CFA, or Nisha Mittal.