Yahoo Finance | Top retirement mistakes you are still probably making @YahooFinance | Uploaded October 2024 | Updated October 2024, 1 week ago.
The wealth management industry could look vastly different a decade from now than it does today. For one, there continues to be consolidation in the industry as the largest players in the field seek out more investable assets and bigger client pipelines. Second, the coming wealth transfer between baby boomers and their children will likely lead to more services by wealth managers to help manage the transition. After all, millennials will suddenly be tasked with putting potentially large sums of money to work to be passed down to their children. And lastly, artificial intelligence (AI) stands to permeate the industry as a low cost way to manage assets. It’s the latter element that has many advisors in the industry concerned about the investing risk AI will pose, and the risk to their jobs. Yahoo Finance Executive Editor Brian Sozzi sits down with Domain Money founder and CEO Adam Dell. Dell takes Sozzi inside his view of the future of wealth management and what it’s like to be a serial entrepreneur.
#youtube #stockmarket #retirement
About Yahoo Finance:
Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life.
- Get the latest news and data at finance.yahoo.com
- Download the Yahoo Finance app on Apple (apple.co/3Rten0R) or Android (bit.ly/3t8UnXO)
- Follow Yahoo Finance on social:
X: twitter.com/YahooFinance
Instagram: instagram.com/yahoofinance/?hl=en
TikTok: tiktok.com/@yahoofinance?lang=en
Facebook: facebook.com/yahoofinance
LinkedIn: linkedin.com/company/yahoo-finance
The wealth management industry could look vastly different a decade from now than it does today. For one, there continues to be consolidation in the industry as the largest players in the field seek out more investable assets and bigger client pipelines. Second, the coming wealth transfer between baby boomers and their children will likely lead to more services by wealth managers to help manage the transition. After all, millennials will suddenly be tasked with putting potentially large sums of money to work to be passed down to their children. And lastly, artificial intelligence (AI) stands to permeate the industry as a low cost way to manage assets. It’s the latter element that has many advisors in the industry concerned about the investing risk AI will pose, and the risk to their jobs. Yahoo Finance Executive Editor Brian Sozzi sits down with Domain Money founder and CEO Adam Dell. Dell takes Sozzi inside his view of the future of wealth management and what it’s like to be a serial entrepreneur.
#youtube #stockmarket #retirement
About Yahoo Finance:
Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life.
- Get the latest news and data at finance.yahoo.com
- Download the Yahoo Finance app on Apple (apple.co/3Rten0R) or Android (bit.ly/3t8UnXO)
- Follow Yahoo Finance on social:
X: twitter.com/YahooFinance
Instagram: instagram.com/yahoofinance/?hl=en
TikTok: tiktok.com/@yahoofinance?lang=en
Facebook: facebook.com/yahoofinance
LinkedIn: linkedin.com/company/yahoo-finance
