HOW WEALTH MANAGEMENT MAY LOOK 20 YEARS FROM TODAY
A Global Wealth survey by Boston Consulting Group that was conducted in 2020 suggests a very different wealth management landscape in the next 20 years.
To understand just how profound these changes may be, consider that wealth management has been predominantly about meeting the needs of a singular market demographic—male, middle age and white. The future, already emerging, is much more diverse in which women’s wealth grows faster than men’s and newer generations of investors are more educated, economically empowered and technologically savvier.
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