The best way to predict the future is to create it.
– Peter Drucker
Acvantage is a management consulting and research business specialising in the wealth management sector. It focuses on strategy and business model innovation, leveraging fintech and new technology solutions.
By focusing on business modelling dimensions, Acvantage works primarily on optimising the way its clients create, deliver and capture value, particularly on the customer and front-end sides.
Today, most established players in the wealth management industry face very significant challenges:
- Profound changes in client expectations (e.g., socio-cultural and behavioural changes, intergenerational shift, interest in new offerings).
- An evolving competitive environment with the emergence of new technological competitors such as neobanks or disruptive fintechs.
- A more complex profitability dynamic than in the past.
For incumbents, digital transformation has become a necessity to avoid disruption. However, cost reduction or operations automation are not enough to achieve long-term competitive advantage. Transformation must go deeper, to the level of value creation and customer service.
Business model innovation can be significantly simplified and accelerated by combining the respective strengths of a traditional player with those of innovative and proven fintech / wealthtech solutions.
The challenge is to identify the right parties or technologies and connect these two worlds together.
Through its strategic management services with deep wealth management / investment knowledge and its digital finance consulting services, Acvantage brings the necessary expertise to build a bridge between traditional wealth management players and fintechs.
Practicalities
Organisation
Acvantage is based in Switzerland. The organisation can operate onsite throughout Switzerland and in a hybrid or fully remote mode as and when required. Travel and international assignments are also possible.
Its activities cover the entire wealth management spectrum, with both traditional and new players in Switzerland and abroad.
With its highly specialised niche positioning, it works with a network of very experienced experts, consultants and advisors in the fields of wealth management and new technologies.
This network approach allows it to respond to the specific requirements of each assignment in a targeted way by selecting the components of expertise to be involved on a case-by-case basis.
In addition, Acvantage is active in the ecosystem of financial technology companies and is constantly developing contacts with digital start-ups.
It is also involved in market monitoring and research on innovation in wealth management and on the development of new fintech / wealthtech solutions.
Business
Ownership
Acvantage is owned by Yaman Farhang.
Yaman has 25 years of experience in wealth management and financial services.
He worked in large private banks in client advisory, financial analysis and asset management before leading the value proposition of an international private bank.
Since 2018, Yaman has been working on strategic advisory and technopreneurship with established financial players, tech start-ups, digital entrepreneurs, and venture capital investors. He is also an investor.
He holds an MBA and a Master of Law, and is certified in project management (PMP), digital strategy (IMD), blockchain technologies (MIT), disruptive strategy (Harvard), and investment management (CIIA).