Wednesday, February 11, 2026 at 11:14 AM
Wealth management has became the latest sector threatened by competition from AI-powered startups.
Wealth management is the latest sector to be threatened by competition from AI-powered startups.
Wealth-manager stocks tumbled as weak retail sales weighed on indexes.
Stock market losses highlighted the expanding threat of AI-driven disruption for financial services and the sector’s white-collar professionals.
Depreciation expenses are about to soar, making a lack of transparency a growing problem.
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