The Chonkerton

Are You ’Mass Affluent’ Not ‘Truly Rich’? Sorry, Your Wealth Manager Might Be AI Now

business

The wealth management world is automating—but with a twist. According to io9, customers in the mass affluent bracket are increasingly getting algorithmic advisors instead of human managers. The plot twist: truly wealthy clients are actually seeing more human service, not less. So while AI takes over portfolio management for the comfortable-but-not-rich crowd, the ultra-wealthy are enjoying a more personal touch than ever. In finance, it seems, only money can buy you actual human attention.

Source: https://gizmodo.com/are-you-mass-affluent-not-truly-rich-...

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