Wealth management is undergoing a profound shift as technology reshapes how advisors operate and how clients expect to be served. For many firms, digital transformation is no longer a choice but a necessity.
In an age where digital experiences are becoming the norm, clients expect more than just timely service; they expect relevance. The challenge? True personalization has traditionally relied on time-intensive human input. The solution? Artificial intelligence.
The wealth management industry is on the cusp of a generational shift. Over the next two decades, trillions of dollars are expected to transfer from Baby Boomers to Millennials and Gen Z, a transition that will redefine the client landscape for financial advisors and institutions alike.