Accelerating Next in the AI-Enabled Wealth Management Market
Asian households with investable assets of $100,000 to $1Mn are projected to hit $4.7 Tn in 2026 from $2.7 Tn in 2021. The McKinsey report further says that for banks and wealth managers, the potential incremental revenue of $20 - $25B equals half of Asia's industry’s revenue growth in the next three years.
History’s lesson – make bold moves and invest early – calls for an innovation mindset
In sum, From harnessing the tailwinds to catapult into pole position, using the industry challenges to create opportunities will mean three growth actions: