The wealth management industry has been experiencing evolution since the 2008 financial downturn, and 2017 is expected be another year marked with changes to business models and the way providers interact with clients. As recorded, “regtech” (regulatory technology) solutions are a peculiar reason for incumbents to partner with fintech start-ups and blockchain technology can also be more widely embraced if compliance is guarded, says Ken Research new report titled “M&A to boost global wealth management market”. Smaller and local providers will be earning a major market share in the global wealth management space.
Since the market volatility is expected to continue,