Simply putting it, Digital Wealth Management (DWM) Industry is
the NEW TRASFORMED industry that has already been created WITHIN
the Traditional Wealth Management Industry, which utilizes digital
technologies, information technologies, Distributed Ledger
Technologies, artificial intelligence (AI) and robotics as well as
other disrupting technologies to bring about the required service
and/or product standards and results that will successfully be
consumed by the new generation of High Net Wealth Individuals and
investors.
The digital technology is an incremental disruptive technology,
with exponential growth.
A disruptive technology is one that displaces an established
technology and shakes up the industry or a ground-breaking product
in an unprecedented way and to that degree that it actually creates
a new industry.