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'Big Tech' threat to wealth management – Capgemini’s World Wealth Report 2018

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The World Wealth Report 2018, released today by Capgemini, reveals that high net worth individuals’ satisfaction level with hybrid advice2 fell 5.1 percent to 57.3 percent. Additionally, more than 50 percent of HNWIs expressed interest in wealth management services offered by BigTech3 firms. To address the decline in HNWI hybrid…

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