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SECTOR SPOTLIGHT: Wealth Management in FinTech

Legacy institutions and brokerage firms no longer have dominant control over the wealth management sector due to the disruptive forces of FinTechs who cater to all customer segments with similar offerings at a fraction (or no) cost.  These companies are allowing individuals to start building wealth now at a young age through multiple financial options.

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2019 - Year of the FinTech Unicorn

Industry growth in FinTech has been attributed to a handful of maturing companies — but has now dramatically spread to a larger pool of firms (including startups) that have reached the level of unicorns, more than any other business sector worldwide.

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