Technology cited as main barrier to private market access for advisers

Oliver Wyman partner and global capital markets and financial infrastructure head Magnus Burkl claimed technology is the biggest barrier for advisers to access private markets and discussed the firm's findings in its whitepaper Scaling Private Markets Distribution in Wealth: Why Industrialized Distribution Rails, Not Product Innovation, Will Determine the Next Phase of Growth. While education is often cited as one barrier advisers face to private markets, Burkl believes another is technology. Speaking with Professional Adviser following the release of its whitepaper, Burkl explained t...