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Wealthtech to The Rescue Amid Doom and Gloom For Wealth Managers

September 22, 2022

Wealth management firms face a conundrum of headwinds like never before. From an environment with low or slowing economic growth, high volatility, high financial leverage by individual investors and pressure to de-lever personal balance sheets, high inflation rates and growing interest rates to a competitive market pressuring margins towards those of low-cost alternatives (ETFs and robo-advisors) and growing costs due to cyber risk and compliance with an ever-growing set of regulations.

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