From portfolio optimization to customer engagement, we break down the categories of vendors using AI to transform wealth and asset management.
Artificial intelligence is set to disrupt the traditional wealth and asset management industries, bringing speed and automation to both front- and back-end processes.
For instance, AI-powered solutions are helping build and rebalance portfolios with minimal human intervention, as well as deliver personalized insights around financial goals and market conditions at scale.
On the relationship management side, vendors are using AI to aggregate client data at scale and automate client reporting and outreach. A 2022 Accenture survey found that over 90% of financial advisors believe implementing AI in their workflows could increase business by 20%+.
In the market map below, we identify 50+ wealth tech vendors that leverage AI to automate and enhance wealth and asset management across 7 categories.
Note: Our map includes public companies, as well as both private and acquired startups. This market map is not exhaustive of the space.
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