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WealthTech
WealthTech, a sub-set of fintech, refers to the application of technology and digital tools (automation, algorithms, Big Data etc) to deliver wealth management (cf.) services to affluent or high net worth individuals. The best-known development in WealthTech is the evolution in recent years of Robo-Advisors, digital platforms offering financial planning and investment advice and execution with little actual engagement by wealth management advisors.