Wealth and Asset Management
The ‘Mass Affluent’ Are Losing Their Allure for Wealth Managers Navigating AI
Wealth managers keen to stay relevant in the age of artificial intelligence may soon find that clients with a mere $1 million in liquid assets are no longer worth spending human hours on. “The mass-affluent client now gets something close to private-banking quality from AI,” said Debasish Patnaik, senior…
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