Question

What is Wealthtech in the future for you personally?

Answer 1

Answer:

Wealthtech stands for Wealth and Technology and is one of the Part of Fintech. Just as Fintech combine both finance and technology to change the way we organise expenses and incomes in such a way that optimum utilisation of our income at individual level as well as companies. Wealthtech  is a platform or one point solution of wealth and technology with the objective of providing digital solutions to enhance personal and professional wealth management and investing.

Future of Wealthtech:

Considering the changes that wealthtech has introduced to the financial sectors up to this point , we can certainly look forward to new and exciting innovations that the future has in place for us. it is plausible that wealthtech will eventually replace financial advisors . however no one can say if or when this moment will arrive. it might be couple of years now or a decade. the followings are the area where need of strict control for success of wealthtech: Data security must be the number one priority and Predictive analytics technology is critical to wealthtech company.