Friedrich-Philipp Wazinski supports the Business Engineering Institute St. Gallen as a consultant with a focus on blockchain technology, digital business models, contextual banking and financial innovation. With a strong academic background in International Economics and Development (B.A., University of Bayreuth) and a master's degree in Strategy, Impact & Entrepreneurship (Católica Lisbon School of Business & Economics), he combines in-depth scientific expertise with practical research. During his time as an Assistant Researcher at the Blockchain Research Lab, he dedicated himself to independent scientific research into blockchain technology and its social benefits. In this context, he published several scientific papers in renowned journals, including on blockchain-based fan tokens and on digital real estate economics in the metaverse. He also analyzed the integration of blockchain technology in unmanned aerial systems, researched the motivational drivers of investors in the digital ecosystem and examined the potential of modular blockchains. Thanks to his international experience in Norway, the Czech Republic, Hungary, Portugal and Germany, he brings an intercultural perspective to his research and consulting work.

Wealth Management in the Digital Age: Innovation as a Success Factor

Wealth management is at a turning point. Never before have challenges and opportuni-ties been as closely linked as they are today. While the number of high-net-worth individ-uals (HNWI) and ultra-high-net-worth individuals (UHNWI) in Germany and Switzerland continues to grow [1-3], their expectations are also rising: individual advice, the urge for more self-determination, customized investment strategies and digital services are more in demand than ever [3-5].
In cooperation with Commerzbank AG, the Business Engineering Institute St. Gallen has published the white paper “Leading with Innovation in Wealth Management”. It high-lights key developments and trends in wealth management with a particular focus on application programming interfaces (APIs) and distributed ledger technology (DLT). This article summarizes the key findings and shows why innovation can contribute to sus-tainable competitiveness in wealth management.

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