The ‘Mass Affluent’ Are Losing Their Allure for Wealth Managers Navigating AI - AdvisorHub
AI SummaryAI-generated — verify against the source.Wealth managers are increasingly deprioritizing the 'mass affluent' segment as they leverage AI to optimize operational efficiency and focus on higher-net-worth clients. This shift suggests that AI is enabling firms to be more selective about client acquisition and service models, potentially changing the target demographic for many advisory practices.
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