The state of financial vulnerability in 2024 and what 2025 holds

If nothing else, 2024 gave us all an increased awareness of just how complex vulnerability is, didn't it? Most firms are now heading in the right direction with their vulnerability processes, but there is certainly still a lot of work to do. What many firms still seem to be lacking, is the depth of thought, the rigorous reporting based on systematic data and the clinical oversight that is required to truly identify all vulnerable circumstances and get closer to that perfect end state. Over the past year, significant effort has been put into determining what it means to support vulnera...