Wealthtech Is Opening Doors For Advisors To Serve The Mass Affluent
Wealthtech And AI Experts From Oasis, Orion, CogniCor And AcquireUp Discuss How Wealthtech Improves Client Support And Operations At Scale, And Address Robinhood’s Low-Fee Robo
Wealth Solutions Report, 6/9/25 (Written by Larry Roth, Co-Founder of Ascentix)
Advisors often pursue expanded client bases via high and ultra-high net worth prospects because the fees available from managing more assets across fewer clients can support higher levels of service.
However, wealthtech, especially AI, is changing that dynamic, especially when serving the mass affluent – clients with investable assets between $500,000 and $2 million. The economics of such portfolios often made them too small for advisors to pursue in the past, but wealthtech has reduced operational costs to a point that allows advisors to generate attractive profits serving these clients.