05 Jan 2023
How Fintech will disrupt Wealth Management in the future
Fintech
Wealth Management
Disruption
AI
Asset Management
The financial technology (fintech) industry is causing significant changes in wealth management, leading to much discussion about the evolution of the financial advisor profession. Drawing on the ideas of Charles Darwin, it can be argued that those who are able to adapt and respond to change are most likely to succeed in the long run, rather than the strongest or most intelligent individuals. In this article, the effects of fintech on wealth management and strategies that financial advisors can use to stay competitive in a rapidly changing industry will be explored.