AI Finds A Place In Modern Wealth Management

Wealth management is an investment advisory and financial solutions provider service that caters to a wide array of clients including affluent individuals and families with high net worth. As per reports, there is approximately $78 trillion of assets in motion for wealth managers to capture. This is underpinned by the global expansion of the affluent middle class, an increase in the number of women with wealth, and the wealth created by business ownership. Traditional methods of wealth management no longer hold water and wealth managers are forced to make a significant shift in their strategy and approach. In such a scenario, there is a brilliant opportunity to capture more value using artificial intelligence. AI can help wealth managers smoothly transition from theory to execution. The