Wealth Management Digital Disruption Deliver better outcomes through IBM Design Thinking
Description: The wealth management industry has changed dramatically in the years since the financial crisis.
Digital-first firms are building new markets through new relationships. Robo-advisors (firms that use algorithmic platforms to automate investment portfolio management) are bringing the previously unserved mass affluent market (individuals with $100,000 to $1 million in invest-able assets) into a new wealth management relationship with advisory firms. And they’re doing so with fees that are less than half of traditional face-to-face advice.