Wealth Managers Face Existential Crisis - Convergence of Digitalization and AI in a Wealth-Tech

More than $2.7 trillion AUM is expected to be controlled by Robo-Advisors by the end of 2023. This comes at a crucial point in the asset management industry as investors are chasing exposure to AI-driven solutions - leading to a projected $800 billion investment in the North American digital wealth management sector by 2026. AI's capital rally goes beyond mere buzzwords, as it has become a top priority for nearly 50% of technology executives as per CNBC's survey in 2023 and 

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