Technology has been disrupting every industry, and the wealth management industry is no exception.

The bellow are the highlights of the interview with Insights Success  a business solutions.

According to Rich Topia, there are 11 technologies and innovations disrupting the world as we know it: artificial intelligence (AI), the Internet of Things (IoT), space colonization, 3D printing, medical innovations, high-speed travel, robotics, blockchain technology, autonomous vehicles, advanced virtual reality VR), and renewable energy.

Artificial Intelligence, Data Analytics, and Robo-Advising

The robo-advising industry is booming. The industry is already worth more than $460 billion, and analysts expect it to reach $1.2 trillion in 2024.

It remains to be seen how far robo-advisors will take AI in the future. What cannot be denied is that robo-advisors are already making an impact in the wealth management industry by using machine learning and AI technologies.

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