At BCG Expand’s annual Asset & Wealth Management Technology & Operations Roundtable in New York, hosted by Jason B. Orloff, participants discussed how firms are adapting their operating models to support the rapid growth in private assets.
Private-asset operations require highly specialized expertise, and unlike traditional products, existing operational models can’t simply be reallocated. Participants highlighted two main approaches firms are pursuing:
- Building new dedicated teams for private assets — though this risks duplication, higher costs, and capability gaps.
- Retraining existing staff to create hybrid teams spanning traditional and private assets — an approach that adds complexity and cost.
Across both approaches, AI is increasingly playing a role in streamlining operations, though solutions remain fragmented and scalable models are still emerging.
💬 How are firms rethinking operating models to keep pace with private-asset demand?
To continue the conversation, or for more information, contact jason.orloff@bcgexpand.com.