Technology

Annual Wealth Access Summit Gathers 30+ Banks for Peer Discussions on Unlocking Revenue Through Wealth Management

Published

3 months ago

October 17, 2024

Data unification provider hosts industry leadership to encourage peer-to-peer dialogues on wealth management as a growth opportunity

NASHVILLE, Tenn., Oct. 17, 2024 /PRNewswire/ — Wealth Access, a leading technology provider in wealth data, offering unified insights to help banks unlock growth, boost deposits, and enhance digital banking services, today announced insights from its annual 2024 Wealth Access Summit. The Nashville event, attended by Executives of the nation’s largest regional and super-regional banks, included high-asset organizations totaling $2.3 trillion in bank assets and $1.3 trillion in wealth management.

The Wealth Access Summit gathers financial industry leaders focused on driving growth and innovation in banking and wealth management. This event brings together executives from regional banks and wealth management firms to engage in peer discussions on critical topics shaping the industry’s future. Participants gain valuable insights about how technology is driving their growth agendas, exploring strategies for achieving revenue goals and examining approaches to improve client engagement and loyalty.

The Summit focused on the untapped potential of wealth management to diversify and stabilize bank revenue streams. High interest rates, shrinking net interest margins (NIM) and tightening regulations are prompting banks to seek alternative revenue sources, positioning wealth management as a critical growth opportunity. Discussions at the 2024 Summit focused on how banks can leverage unified data insights to capitalize on the wealth management opportunity and ultimately generate recurring fee revenue, support sustainable growth, capture market share and drive competitive transformation.

“Insights shared at this year’s Summit underscore a critical reality: wealth management represents the largest untapped market within banks today,” said David Benskin, founder and CEO of Wealth Access. “Our candid discussions highlighted how the consistent, recurring fee revenue from wealth management offers banks an unmatched opportunity for stable and predictable growth. As we look towards 2025, it’s clear that institutions using technology to maximize their wealth management offerings are best positioned to unlock greater revenue potential. We were excited to once again join industry leaders from the nation’s most innovative banks to engage in these vital conversations on driving enterprise success.”

Several institutions noted how their organizations were shifting their culture to be more in line with a One Bank mentality, versus treating Wealth as a siloed business unit. In addition to conversations around culture, another major theme of the Summit was understanding the power of data to create segmentation and hyper-target cross-sell audiences based on the wealth data that customers get from Wealth Access or alternative Business Intelligence tools.

The Summit concluded with a Build Your Blueprint session where attendees created a plan to continue their conversations internally by documenting their alignment needs, obstacles, data requirements, and goals for success. The company is offering Build Your Blueprint sessions from their website to those interested in learning more about the Summit findings and creating a strategic plan.

Last week, Wealth Access announced its new offering to support executives, like those gathered at the Wealth Access Executive Summit, in their strategic initiatives to drive significant revenue growth through wealth. This, along with more information on Build Your Blueprint can be found at www.wealthaccess.com.

About Wealth Access
Wealth Access is the leading wealth data insights platform, pioneering the transformation of wealth management in banking. By intelligently unifying records across multiple systems, Wealth Access creates living balance sheets that enable service teams to see each client’s complete financial story, work across business lines to improve customer loyalty and drive higher revenue. As a result of its innovative enterprise-class solutions, Wealth Access today supports a variety of clients from RIAs, trust companies, brokers, regional and national banks.

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SOURCE Wealth Access

Technology

StorageUnits.com: 4 in 10 Americans Are Stockpiling Goods in Fear of Tariffs

Published

1 minute ago

January 15, 2025

Americans prepare for anticipated economic shifts under President-elect Donald Trump.

SEATTLE, Jan. 15, 2025 /PRNewswire-PRWeb/ — StorageUnits.com, a reliable and user-friendly platform for finding the best and most convenient storage facilities, recently published findings from a December 2024 survey examining Americans’ preparedness in response to anticipated economic shifts under President-elect Donald Trump. The survey of 1,750 U.S. residents highlights significant stockpiling activity and large purchases.

According to the survey, 28% of Americans are actively stockpiling goods, with another 17% planning to start soon. Household essentials (78%) and non-perishable foods (78%) rank as the most commonly stockpiled items, while 20% of respondents say they are stockpiling a year’s supply or more. Among active stockpilers, 15% have already spent over $1,000, and 7% are using rental storage units to manage their surplus goods.

Fear of tariffs is a key driver behind this behavior, with 9 in 10 respondents expressing concern about how Trump’s proposed tariffs will impact the cost of goods. The survey also reveals that 1 in 3 Americans have made or plan to make large purchases—such as electronics, appliances, and cars—before Trump takes office, citing his election as a significant influence on their decisions.

This survey, commissioned by StorageUnits.com and conducted online via Pollfish in December 2024, collected responses from 1,750 U.S. residents. To view the study write-up, please visit: https://www.storageunits.com/4-in-10-americans-are-stockpiling-goods-in-fear-of-tariffs/

StorageUnits.com is an emerging startup dedicated to helping consumers across the United States discover the best and most convenient storage options in their local communities. The website provides comprehensive resources and tools for traditional self-storage, full-service storage, and moving solutions. For more information, please visit http://www.storageunits.com.

Media Contact

Amanda Baker, StorageUnits.com, 000-0000, amanda@storageunits.com

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SOURCE StorageUnits.com

Technology

InventHelp Inventors Develop New Solar Phone Charging Resort Table (LOS-249)

Published

2 minutes ago

January 15, 2025

PITTSBURGH, Jan. 15, 2025 /PRNewswire/ — “We thought there should be a way to charge your phone or other mobile device while lounging at the pool,” said one of two inventors, from Newbury Park, Calif., “so we invented the SOLAR PHONE CHARGING RESORT TABLE. Our convenient and environmentally-friendly design eliminates the need to find a traditional outlet or power source for charging your phone.”

The patent-pending invention provides an improved poolside table for resorts, hotels, and cruise ships. In doing so, it allows users to charge their smartphones and other mobile devices. As a result, it increases convenience, and it could enhance the guest experience. The invention features a durable and waterproof design that is easy to use so it is ideal for hotels, resorts, cruise lines, etc.

The original design was submitted to the Los Angeles sales office of InventHelp. It is currently available for licensing or sale to manufacturers or marketers. For more information, write Dept. 23-LOS-249, InventHelp, 100 Beecham Drive, Suite 110, Pittsburgh, PA 15205-9801, or call (412) 288-1300 ext. 1368. Learn more about InventHelp’s Invention Submission Services at http://www.InventHelp.com.

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SOURCE InventHelp

Technology

GEEKOM Announces the Best Cost-Effective Mini PC- GEEKOM A6

Published

2 minutes ago

January 15, 2025

TAIPEI, Jan. 15, 2025 /PRNewswire/ — GEEKOM, the Green Mini PC Global Leader, is going to release a new model named the A6 on January 17th, 2025.

This mini PC is already available for pre-order on GEEKOM‘s official website. Priced at $449, it may just be the new best mini PC under $500.

According to the official information, the GEEKOM A6 mini PC employs a well-ventilated aluminum chassis which measures only 0.47 liter, but it packs enormous power under the hood, thanks to the perfect combination of a beefy processor, high-bandwidth DDR5 RAM, and a fast PCIe Gen4 SSD.

At the heart of the GEEKOM A6 is the AMD Ryzen 7 6800H processor. With 8 powerful Zen3+ cores, 16 threads and 16MB L3 cache, this mobile chip is on par with the latest mainstream desktop CPUs in processing speed, allowing the GEEKOM A6 to handle complex computing duties like multimedia editing, code writing and data-intensive analysis with ease. The integrated Radeon 680M GPU also matches entry-level discrete graphics cards in gaming performance, giving the A6 enough oomph to run modern AAA titles smoothly at 1080P resolution. In addition, the A6 comes with Windows 11 OS, so buyers can use the mini PC right out of the box.

When it comes to heat dissipation, the mini PC features GEEKOM’s super-efficient IceBlast cooling technology. With air being actively redirected to different layers of the system, and pushed out through the rear of the chassis, key internal components can stay cool and stable even when tasks are loaded.

Besides its superb performance, the GEEKOM A6 is also perfectly reliable. It is built with premium material and has undergone rigorous testing before mass production, including 120 hours of high and low temperature test, 90 minutes of vibration test, 15000 cycles of I/O plug-unplug durability test, strict EMI radiation test and more. As a result, the A6’s lifespan is expected to be twice as long as that of mini PCs from other brands. Also, each GEEKOM mini PC is covered by a 3-year limited warranty, and the company offers 24/7 after-sale services for its users.

The A6’s launch event will be streamed live on GEEKOM‘s official YouTube channel on January 17th, 2025. During the launch event, GEEKOM will randomly give viewers promo codes to get the A6 at a discounted price.

View original content:https://www.prnewswire.co.uk/news-releases/geekom-announces-the-best–cost-effective-mini-pc–geekom-a6-302351698.html