Domestic and international regulatory frameworks are being reshaped. Industry participants are merging or exiting the business. New competitors are entering the fray. Fees, margins and costs are under pressure. Demographics are shifting. And client service and communication expectations are being radically revised in a digital age. In this fast-paced, increasingly globalized and competitive landscape, wealth managers must move with the times. The changes and challenges are numerous, all-pervading, and in many cases gathering speed.