What metrics would you use to evaluate Macquarie Group's Wealth Management platform?

Introduction

Evaluating the success of Macquarie Group's Wealth Management platform requires a comprehensive approach to product metrics. To address this product success metrics challenge effectively, I'll follow a structured framework covering core metrics, supporting indicators, and risk factors while considering all key stakeholders.

Step 1

Product Context

Macquarie Group's Wealth Management platform is a comprehensive digital solution designed to help high-net-worth individuals and financial advisors manage investments, track performance, and make informed financial decisions. Key stakeholders include:

1. Clients (high-net-worth individuals)
2. Financial advisors
3. Macquarie Group (business)
4. Regulatory bodies

The user flow typically involves:

1. Onboarding and account setup
2. Portfolio overview and performance tracking
3. Investment research and analysis
4. Trade execution and order management
5. Reporting and document management

This platform fits into Macquarie's broader strategy of expanding its wealth management services and increasing assets under management. Compared to competitors like UBS and Credit Suisse, Macquarie's platform aims to differentiate through its user-friendly interface and comprehensive suite of tools.

In terms of product lifecycle, the Wealth Management platform is likely in the growth stage, with ongoing feature enhancements and user base expansion.