As low-cost fintech platforms woo younger investors who are set to inherit unprecedented wealth, banks face a pivotal moment in wealth management. GenAI is hyper-personalizing service for banks, but clients are wary. Success hinges on balancing digital autonomy with human guidance.

Key Question: What major trends can banks leverage to capture the next generation of wealth management clients?

Key Stat: A monumental $106 trillion in wealth will transfer to US heirs by 2048, with Gen Xers, millennials, and Gen Zers standing to inherit 94%, per 2024 data from Cerulli Associates.