Hi Lauren,

Another interesting trend is the rise of robo-advisors, which by 2020 will manage about $2.2 trillion in assets (see below). While less likely to be helping HNWI, they may well open up the possibility of new money and Millennials entering the investment market.

Who knows, maybe the wealth management industry will also become automated in the coming decades, like much of industry and eventually, much of everything?

Peter

http://www.consultancy.uk/news/2186/robo-advisors-to-manage-22-trillion…