AI in Wealth Management: Significance & Use Cases

The global finance industry is on the brink of a major evolution, driven by sweeping consolidation, heightened market volatility, and rapid technological innovation. This is backed by the PwC’s Global Asset and Wealth Management Survey. It also predicts the surge in robo-advisory services, with assets under management by these AI-enabled platforms expected to nearly double, reaching close to US$6 trillion by 2027. This transformative growth signals a significant shift in how wealth is managed in the digital age. Once considered futuristic, AI is now at the forefront of decision-making, investment strategies, and personalized wealth-building experiences. It is now responsible for automating routine tasks to offer sophisticated insights that were previously unattainable; AI is not only enhancing efficiency but also democratizing access to financial expertise. Read the blog:-