The crown jewel of banking – wealth management – is undergoing a wave of digitalisation. Several platforms now offer solutions. Quirin Privatbank, for example, has opted for software designed to turn financial advisory into a client experience.
Ivica Jankovic, Quirin Privatbank:
“In my more than 20 years of professional experience, I’ve always seen wealth planning as a very dry, mathematical construct. But now we’re creating a true advisory experience.”
Few areas in banking are seen as both as demanding and as lucrative as the management of high-net-worth individuals. This segment is undergoing a transformation in many ways. One generation is passing its wealth on to the next. With demographic shifts comes increasing pressure for automation. The inheriting generation expects a different, more digital service.
Some institutions are responding with specialised solutions – among them, Quirin Privatbank. Since 2024, the Berlin-based institution has been using software from the Swiss wealth and insurtech company 3rd-eyes analytics. The tool enables the capture of clients’ financial goals and aspirations, calculates paths to achieve them, and presents them in a visual format. Quirin Privatbank, which operates on a fee-based model, places a strong emphasis on financial planning.