2022 Trends in Wealth Management Driving the Industry�s Future
Maveric System04 Apr, 2022Technology
In 2022, wealth management firms consisting of commercial, and retail banks, universal banks, fund management companies, online trading platforms, private banks, brokerage firms, and family offices, are in a reinventing mode. Demographic shifts (before 2030, millennials will be five times wealthier than today) and increased digitalization (automated workflows, improving hyper-personalized products, the impact of data analytics in client acquisition, servicing, and retention) drives profound changes in an industry that is in a hurry to shed its ?conservative cloak.?
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