Case Study: a mid-sized wealth management firm redirects £180k to higher-impact digital work with Distinction

a mid-sized wealth management firm redirects £180k a year with Distinction

A mid-sized wealth management firm was struggling with its digital investment, spending approximately £600,000 annually across multiple vendors and internal teams without a clear strategy or measurable outcomes. Projects were reactive and uncoordinated, leaving leadership unable to justify the spend. The firm engaged Distinction to develop a digital strategy and roadmap.

Distinction conducted a comprehensive assessment and created a detailed three-year digital roadmap. The solution involved consolidating vendors, decommissioning a costly legacy platform, and refocusing internal resources. As a result, the firm redirected £180,000 in annual spend to higher-impact work, saved an additional £85,000 per year through vendor consolidation, and established a shared strategic vision for its digital future.