A granular technology benchmark revealed cost inefficiencies in run costs and a significant underspend on change initiatives for a Global Wealth Manager compared to peers. Despite broader cost-cutting efforts, the findings supported a strategic decision to invest in overhauling legacy technology and reducing fragmentation, driving long-term savings and greater transparency into overall cost structures.

BCG Expand completed a technology benchmarking for a regional bank-owned Wealth Manager. The analysis identified opportunities for cost savings, leading to the incremental outsourcing of non-core activities through existing vendor partnerships to secure competitive rates. The resulting savings were reinvested in technology automation, reducing manual, repetitive work and enabling internal teams to focus on higher-value tasks.

Following a decade of mergers and acquisitions, our client, a leading Wealth Manager, faced increasing complexity and rising costs. BCG Expand partnered with them on a front-to-back cost optimization initiative, identifying opportunities to reduce total technology, operations, and market data spend by 25–40%.

BCG Expand supported a US-based global financial services company by delivering an in-depth wealth landscape across 25+ countries. The Market Sizing analysis provided detailed insights into net and investable wealth segments, empowering the client’s corporate strategy team to refine growth priorities, identify high-potential markets, and enhance strategic decision-making.

BCG Expand supported a global insurer in assessing the global wealth opportunity across 16 markets. The team developed a comprehensive dataset covering total and net wealth, asset composition, and population segments to help the client understand the size and distribution of the global wealth value pool. The engagement enabled the client to estimate the potential profit pool for wealth-related insurance products and inform its market entry strategy.