Based on end-user type, the market is divided into retail and high net worth individuals (HNIs). Depending on provider, it is segmented into FinTech advisors, banks, traditional wealth managers, and others. The robo advisory segment is further bifurcated into direct plan-based/goal-based and comprehensive wealth advisory. By business model, the market is segregated into human advisory, robo advisory, and hybrid advisory. The wealth management market is segmented into business model, provider, end-user type, and region. On the contrary, increasing number of high-net-worth individuals (HNWIs) population demanding highly customized wealth management solutions and growing technological advancements are expected to provide lucrative opportunities for wealth managers to remain competitive, and achieve deep insights into the products & services offered in the market. However, strict rules & regulations of the government for wealth management firms and lack of pricing transparency & higher fees are some of the factors that hamper the market growth. Thus, multiple benefits associated with advance technologies significantly contribute toward the growth of the global wealth management market. In addition, wealth managers are investing in new technologies such as artificial intelligence (AI), robotic process automation, robo-advisor, and digital identification (ID) for improving customer experience, enhance financial performances, and improve operational efficiency. With providing several benefits such as reduction in portfolio risk, diversification, low correlation with other assets, and less regulation, demand for alternative investment continue to rise in the market. Wealth management advisor utilizes diverse financial disciplines such as financial & accounting, legal or estate planning, retirement planning, tax services, investment advice, and others. It maintains the confidentiality of information of the customers obtained during the course of financial planning and advisory services. Wealth management is involved in providing specialized advisory services catering to the investment management needs of affluent clients. 03, 2021 (GLOBE NEWSWIRE) - The "Wealth Management Market By Business Model, Provider, and End-user Type: Global Opportunity Analysis and Industry Forecast, 2021-2030" report has been added to 's offering. The five issues discussed are: (i) the challenges in getting an EPR based system started (ii) securing financing to ensure a self-sustaining and smooth functioning system (iii) organising a logistics network for the take back and collection of the e-waste (iv) ensuring compliance of the various actors involved and finally (v) reducing the threat of monopolistic practices.Dublin, Nov. We consider each issue as an enquiry of questions confronting a policy maker and the choices that may present themselves. It then examines the decade-long experience of Switzerland in using EPR to manage its e-waste, elaborating on the experience of the Swiss system in overcoming specific issues, and finally wrapping up with a synopsis of the lessons for policy makers.
This paper briefly introduces the concept of extended producer responsibility (EPR) and its applicability in the area of the end-of-life management of electronic and electrical equipment (EEE). One of the most promising policy options to address this issue is to extend the producers responsibility for their products beyond the point of sale, until end-of-product-life. E-waste, a relatively recent addition to the waste stream in the form of discarded electronic and electric equipment, is getting increasing attention from policy makers as the quantity being generated is rising rapidly.