The average cost-income ratio (CIR) of private banks hovers around 75%, while for retail and corporate banking the ratio is nearer to 60%.  Will we see private banking firms operating more efficiently in the future?

A frequent question for COOs at wealth management firms and banks is what their ratio of clients to advisor should be. I believe the average will soon head towards 200:1 given technical innovations that are coming to fruition. What you do you think?