TY - JOUR T1 - Wealth Management and Global Private Banking Market in the Era of E-Commerce AU - , Mohammad Shahedul Quader AU - , Akhter Jahan JO - Asian Journal of Information Technology VL - 3 IS - 11 SP - 1065 EP - 1074 PY - 2004 DA - 2001/08/19 SN - 1682-3915 DO - ajit.2004.1065.1074 UR - https://makhillpublications.co/view-article.php?doi=ajit.2004.1065.1074 KW - AB - The purpose of this article is to consider the nature of the wealth management market, its size, its potential for growth and its major participants. Demographic and global wealth trends confirm that the market has grown quickly in recent years (despite recent economic uncertainties) and it holds great future potential, despite its fragmented supply. This section also uses Porter`s ‘five forces` model of industry profitability to assess the market impact of e-commerce, finding that entry barriers are falling and competition growing, yet the threat of substitution and price competition is only modest – even through the power of buyers over sellers is growing. ER -