● Private markets are a core component of holistic wealth management, with 94% of firms either already offering clients access to alternative assets or working towards it.
● 65% of firms have transacted more than five private markets deals in the last 12 months, with 38% of managers involved in more than 20 deals.
● Operational challenges are cited by more than half (53%) of managers as the biggest barrier to scaling their proposition, with two in five (41%) flagging regulatory risk and a lack of resources.
● More than four in five (82%) of wealth managers say technology plays an increasingly significant role in how their clients access private markets.
Wealth managers are no longer questioning whether they need to offer private markets to clients, but are instead focusing on when and how to achieve it, according to Delio’s...