Caroline O’Connell Industry Partner, Motive Partners Graham Partner Managing Director, Wealth Management, BMO Financial Group David Sun Senior Executive Vice-President, Cathay Financial Holdings Tim Ranzetta Co-Founder, NextGen Personal Finance Thomas Seidl Head, Group Strategy and Portfolio Management, Allianz Jeffrey Shell Head, Alternatives, ESG and Innovation, BMO Financial Group Gregory Van Chief Executive Officer, EndowusWhite Paper Review Angie Liang UXR Director; Head of Market Research, Robinhood Markets Additional World Economic Forum support was provided by Isabela Bartczak, Morgan Camp, Hope French and Drew Propson. Production Laurence Denmark Creative Director, Studio Miko Rose Chilvers Designer, Studio Miko Will Liley Editor, Studio Miko 2024 Global Retail Investor Outlook 63

2024 Global Retail Investor Outlook 2025