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Why Traditional Wealth Management is Broken — And How Fintech Can Fix It
- Traditional wealth management is inaccessible, expensive, and outdated.
- Fintech solution leveraging AI, automation, embedded finance, and behavioral finance can reshape the industry.
- There is a shortage of financial advisors, with the US projected to be short 100,000+ advisors by 2034.
- Fintech startups are addressing the inefficiencies through various solutions.
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