Siri’s a Better Office Assistant Than Advisor
We asked several industry leaders to speculate on what the wealth management industry will look like in the year 2037. This one is from Ryan Beach, CEO of CLS Investments. Related: Technology Will Be Everywhere While I don’t have a crystal ball, it’s safe to say the industry will look very different 20 years from now. Below are just a few things to expect: Asset Classes: Twenty years ago, there were two main asset classes that mattered the most: stocks and bonds. Over the last two decades, there has been an explosion of asset classes, and that will likely continue over the next 20 years. Some will be highly correlated with each other as the markets are sliced into ever-thinner pieces. In addition, new uncorrelated asset classes and factors will…
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