Advisors punt lower-net-worth clients to AI-based management
AI SummaryAI-generated — verify against the source.Financial advisors are increasingly offloading lower-net-worth clients to AI-driven automated platforms to streamline their practice and focus on high-net-worth individuals. This trend highlights a strategic shift in wealth management, where AI is used to maintain service coverage for smaller accounts while optimizing advisor time for more complex client needs.
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