As we continue to see a growth in fintechs offering robo-advisor services to customers in the wealth management space, it is necessary for governments and regulators to modernize their regulatory frameworks. Recent regulatory changes by the Monetary Authority of Singapore (MAS) will make it easy for new firms to offer digital wealth management services and increase Singapore’s attractiveness as a fintech hub. For countries looking to spur innovation in the fintech sector, regulatory change is one lever to encourage greater investment and activity in this space.
2020 Outlook: How FinTech Transformed the Wealth Management Industry
The year 2017 was the most pivotal year for wealth management – technology startups shot themselves in the foot, empowering the next wave of transformation in one of the most asset-heavy segments. Taking their time to watch, interact, and learn, financial institutions have evolved beyond recognition in their strateg...
Wealth Managers Beware: Emerging Fintechs Are Coming For Retirement Planning Next
A new breed of robo-retirement startups have positioned themselves to take on incumbents and the $27.3T of assets held in retirement accounts.