The imminent $18.3trn global wealth transfer over the next decade is set to radically reshape the wealth management industry, according to the latest WealthTech Radar 2025 report by Fincite.
The report, which incorporates insights from 23 top industry experts, identifies five pivotal trends poised to redefine the wealth management landscape by 2030. Among the highlighted trends are a growing demand for individualized and transparent services, a shift towards self-service capabilities, and the integration of new asset classes and technologies into mainstream practices.
Fincite’s CCO and Co-CEO, Paul Kammerer, underscored the evolving dynamics within the sector, stating, “The immediate future of wealth management will be shaped by three pillars: automation, stronger networking, and data-driven advice.” He noted that the rapid adoption of digital technologies by a new, affluent generation is dramatically influencing market expectations and service delivery.
Sebastian Ahlhorn, Global Head UHNWI & Family Offices at Commerzbank AG, drew attention to a significant service gap in wealth management, especially for individuals whose assets fall in the low seven-figure range. These clients often find themselves underserved by traditional financial institutions, lacking access to high-quality financial planning tools and personalized advice. Ahlhorn believes that both banks and FinTechs are uniquely positioned to address this gap by implementing scalable, technology-driven solutions that provide tailored services efficiently.
The report also discusses the generational shift in investor behavior. Today’s investors, predominantly digital natives, favor platforms that offer flexibility, transparency, and scalability, integrating AI-driven tools for personalized advice. Michael Zwiefler, General Manager, Financial Services at Microsoft, highlighted the crucial role of AI in this transformation: “Artificial intelligence is more than a technical gimmick. For banks and wealth managers, it is becoming a core competency.”
Alternative investments and new technologies are also reshaping asset allocation strategies, with increasing interest in private equity, private debt, infrastructure, and even cryptocurrency investments. Robin Binder, CEO and Founder of NAO, anticipates a significant change in market structure, predicting, “In five years, we will no longer differentiate between public and private markets, but only between equity and credit.”
The report further examines the evolving landscape of sustainable investments. Ravi Anupam, Senior Vice President at GIST, pointed out the rapid growth of impact investing, which, despite lacking clear definitions and standards today, is set to redefine investment priorities moving forward.
Lastly, the integration of open finance and AI is set to revolutionize data management in wealth management, breaking down data silos and enhancing the delivery of tailored investment advice. Max Linden, Founder & CEO of lemon.markets, believes that the future of wealth management lies in the seamless integration of digital products with personal client interactions, facilitated by improved data connectivity and usability.
Download the Wealth Radar 2025 here.
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