Monday, October 24, 2016

Wealth management industry to face challenges from Robo Advisors

In the new abnormal of low growth, ageing and low interest rates the wealth management industry will be disrupted.  So finding high returns will become a challenge.

Emerging markets will grow faster than advanced economies. So their savings will add to wealth and will have to be managed.

Fintech may disrupt the wealth industry but incumbents who embrace it will be the winners rather than outsiders. Innovate, survive and thrive or stay behind the curve and become obsolete and disrupted.