Disruptive Trends in Wealth Management

In today's environment, the financial technology market for asset management is developing rapidly.

Awareness of fintech trends in wealth management allows business leaders to use them to their advantage.

Latest trends in wealth management

Knowledge of trends in the asset management industry helps to manage assets more intelligently.

Let's take a look at ten disruptive trends in wealth management, including:

• The introduction of innovative payment processing solutions by Stripe and Venmo;
• software as a service - enabling companies to use serverless technologies;
• the use of multi-cloud data storage to improve cybersecurity;
• regulatory technologies - support for managing large amounts of information; 
• using low-code platforms to create programs and applications based on graphical user interface tools;
• two of the most revolutionary moments among fintech trends are blockchain and the Internet of Things, which have created opportunities to offer next-generation financial services to adapt to specific user requirements;
• hyper-automation - enabling simplification and optimization of business operations through easier integration of chatbots;
• artificial intelligence will support the future of financial technology and companies that want to take advantage of it to create complex algorithms, compose data-driven tasks, and generate reports;
• gamification - FinTech solutions with games or score-based tasks are used as a marketing technique to engage users.

Digital trends in wealth management

The use of digital assets is not just a trend, but a transformative shift in wealth management. The growing interest of investors in cryptocurrency is inspiring and motivating asset management companies to adapt to these changes. 

Among these trends in financial management, the increasing relevance of online services is a testament to the adaptability and resilience of the wealth management industry. Most asset management companies now work with their clients remotely, via the internet, a trend which has become particularly noticeable among large investors.