Wealth management has been slow to adapt to its newer, younger client base. These new clients tend to care less for in-person meetings and top-tier service and more for innovative technology and impact-driven asset classes. With over $70 trillion of wealth ready to be passed down to Millennials over the next two decades in the Great Wealth Transfer, the leading wealth management firms must choose whether they want to welcome A.I. into their businesses or risk losing out on future high-net-worth clients. A Medium article addressed these issues and potential solutions.
