Technology and digitalisation are not new to the financial industry; however the recent rise of fully automated investment platform is viewed by some commentators as a possible long term threat to the private banking industry.
With the total net worth of global millennials expected to grow to USD 19–24trn by 2020, there is a concrete risk that clients’ habits and preferences might shift in a dramatic way, and technology is likely to be at the centre of most wealth management relationships.
Speaker : Stefano Torti, Group Head of Asset Management & Advisory at Banque Havilland
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