Disruption in the wealth management industry is pressuring incumbents to rethink their value propositions. While pure play robo-advisors have made low-cost, accessible services the focal point of their go-to-market strategies, some incumbents have responded by offering more comprehensive services across a client’s financial lifecycle. However, a sizable market opportunity likely exists for players that strike an optimal balance between service personalization and back-end automation.
Fidelity’s Tech Upgrade Includes Data Aggregation and Insights
Fidelity released details of new technology tools coming to Wealthscape this year, including data aggregation, analytics and a digital marketplace.
The Rise of Wealthtech: Infographic
Evolving consumer expectations, the rapid adoption of technology and new competitors entering the markets are placing new demands on today's wealth managers.