Wealth Management Business Capabilities Model


Licensing Options
Product FAQs

Product Description

Finantrix Wealth Management Business Capabilities Model – encompassing financial advisory, private banking, and broker/dealer advice – captures the core essence of what a Wealth Management firm does. The Wealth Management Business Capabilities model is a set of tiered and granular business capabilities. It is an essential tool for business and technology executives, business architects, enterprise architects, and project teams to understand, model, and transform the enterprise. The Wealth Management Business Capabilities Model will function as a blueprint with a structurally sound and internally coherent list of business capabilities spanning all aspects of core Wealth Management.


What is in the Wealth Management Business Capabilities Model?

The Wealth management business capabilities map includes the following formats:

  • An Excel spreadsheet with the list of wealth management business capabilities. The spreadsheet also includes additional worksheets with templates to conduct a capability assessment as well as a framework to map core associations.
  • A PowerPoint format with the top three levels of the Wealth Management capabilities represented in a nested visualization.
  • A Word document with the list of Wealth capabilities in a multilevel list format.
  • BONUS: Business Capabilities Modeling Overview

The Wealth Management Industry Business Capabilities Model Use Cases

A business capabilities model is a foundational artifact in the business architecture continuum. The Finantrix Wealth Management capabilities model captures and lists the end-to-end aspects of the overall functions with a detailed, multi-level capabilities list.
The principal advantages of capability modeling include, among others:

  • Capabilities act as a common language between business and technology and foster deeper alignment
  • Capabilities work as a glue – a structurally sound and internally coherent abstraction of business functions.
  • Business capabilities centric roadmaps eliminate the typical issues such as ambiguity, redundancy, and replication and focus on capability evolution
  • Juxtaposing capabilities and systems/applications provides a footprint analysis and can lead to better application portfolio rationalization decisions.

Extract from the Wealth Management Business Capabilities Model.

(The example below is a glimpse of the Wealth management business capabilities model.)

  • Financial Planning
    • Basic Financial Situation
      • Cash flow / Budgeting
      • Personal Income Statement
      • Personal Net Worth Statement
  • Cash Reserves (Emergency Funds and other reserves)
  • Debt Management
  • Accumulation Goal Planning
    • XXXXX
    • XXXXX
      • XXXXX
      • XXXXX

(This is but a small sliver of the Wealth Management Capabilities Map.)

(There are several more pillars and additional details in multiple levels of granularity.)

The private banking and wealth capabilities model is a decomposition of up to level two, three, and four as necessary.
Created by investment industry domain experts, the wealth capabilities list is detailed, in-depth, and conforms to the construct of MECE (mutually exclusive and collectively exhaustive).

NOTE: Digital, Insurance, Retail Banking, Prime Brokerage, Investment Management, and Alternative Investments capability models are standalone and separate deliverables. Even if they are alluded to in the Core Wealth Management Capabilities Model, the details are in their respective capability maps, which are different and standalone.

Similarly, all the Shared Services such as Human Capital Management, Finance and Accounting, Procurement, Supply Chain Management, Marketing, and Business Intelligence are standalone capability maps.


  • As the Wealth Management Business Capabilities Model is a digital product, Finantrix will not accept any returns
  • Depending on the size and complexity of your firm, the functional areas and service lines, some or all of the capabilities may not be relevant to you.
  • Consultants, who may wish to use the capability model at several clients, have different terms and price.
  • Sold on an as-is basis and no warranties
  • This sale does not include implementation help or support. If you need professional services assistance, please contact us.
  • Please review our standard terms of service.

Got More Questions? Drop us a Line

Need Customization Help? Contact our Advisory Services

What are Business Capabilities?

Business capabilities are an abstraction of the underlying business functionality and are an expression of what a business does and can do. Please go here for a more thorough listing of business capability definitions various industry experts and business architecture practitioners.

What are the benefits of Business Capabilities?

There are several benefits a wealth management or a private banking firm shall derive by practicing the core tenets of business architecture and capability mapping. Here are a few:

  1. Bridge the ever-widening business and IT chasm
  2. Execute your strategy effectively by linking capabilities to strategic pillars
  3. Identify gaps and white space opportunities
  4. Minimize replication and redundancy
  5. Avoid project silos by crafting future needs as capability-centric roadmaps
  6. Influence the backend IT enablement with clusters of capabilities which can form a business service
  7. Make vendors decisions based on sound structural building blocks of functionality

Will a generic business capability model fit our needs?

It is generic, but purpose-built for a company in wealth and private banking space, encompassing core investment functions and transactions. Hence, based on the specific nature of the wealth space, and the scope, breadth, and depth of services, somewhere between 60-90% of the Finantrix Wealth Management business capabilities may fit your needs. Given this head start, you can accelerate the rest of the capabilities and have a customized Wealth management capability model in a matter of days, not months and years.

Can we not build a Wealth Management business capabilities model on our own?

Of course, you can! However, the question is whether you should? About 75-90% of the capabilities will look similar to those of other Wealth firms, with the rest of the divergence attributable to both stylistic and substantive reasons. So, why start from scratch and waste intellectual capital, time and effort on something that looks similar to many of the other wealth firms?

What if we already have a capability model?

Congratulations! You are well ahead of several of your peers in the wealth management sector. You may still find Finantrix wealth manager capability model to cross-reference and plug the gaps in your design.

Who would use the Wealth Business Capabilities Model?

  • Business architects – for defining the wealth managers’ functions and abilities into a common language
  • Enterprise Architects – as an input into overall enterprise architecture
  • Product Managers – to define capability-centric product roadmaps and products as clusters of capabilities.
  • Business Analysts and project managers – draft requirements anchored to capabilities, and manage a project as a way to evolve capabilities
  • M&A Strategists – to identify capability gaps and create a corporate development plan to bridge the gaps
  • Vendor management teams – use capabilities as building blocks to evaluate vendor functionality.

Why should we pay for a capability model when we can do it ourselves?

The cost of $999 for an enterprise license is about a) Steak dinner without wine for a small team; Or b) 3-hours of a moderately priced consultant’s time Or c) the occupancy cost of the conference room in a downtown setting over several sessions. Phew! Now, do you agree that the Finantrix Wealth Management capabilities map is instead the best deal in town? Yes, you are welcome!

Wealth Management Business Capabilities Model


Licensing Options
Product FAQs