Jean-Francois Amyot’s Post

6 trends shaping financial advice in the fintech era...

6 trends shaping financial advice in the fintech era

The financial advice landscape is evolving rapidly due to changing consumer needs and technology. From AI-driven robo-advisors to the rise of ‘finfluencers’, a new report from the World Economic Forum explores how the sector is adapting to meet diverse needs and ensure holistic financial well-being: https://lnkd.in/eeujXxcA

From #AI-driven robo-advisors to the rise of ‘finfluencers’, a new report from the World Economic Forum explores how the sector is adapting to meet diverse needs and ensure holistic #financial well-being: https://lnkd.in/e-kmt6ZA

From #AI-driven robo-advisors to the rise of ‘finfluencers’, a new report from the World Economic Forum explores how the sector is adapting to meet diverse needs and ensure holistic #financial well-being: https://lnkd.in/e-kmt6ZA

It is wonderful to see that term “financial wellbeing” is becoming trendy now and how younger generation is eager to learn it and build it . “The influencer economy is now a $24 billion industry. And while the world’s top 10 financial institutions have amassed 10 million followers between them, the top 10 ‘finfluencers’ have 64 million followers, the Forum reports. Influencers are now playing an essential role in financial education and advice, filling gaps that the established financial industry has not been able to fill, especially among Gen Z and Millennials. Compared to banks, influencers are perceived as more relatable and inclusive and not ‘salesy’.”

From #AI-driven robo-advisors to the rise of ‘finfluencers’, a new report from the World Economic Forum explores how the sector is adapting to meet diverse needs and ensure holistic #financial well-being: https://lnkd.in/e-kmt6ZA

The rise of finfluencers is interesting enough when you look at our “click-economy” and the difficulty with ROI. But the evolving changes with young-money and AI advancements is really changing the value of advice. Can you really replace a true, experienced expert with advance AI? From a marketing lense - the divide of these target audiences have created a more defined line in the sand with lead gen.

The Evolution of Financial Advice: Embracing Change in a Transforming Landscape The financial advice industry is undergoing a profound transformation. Once dominated by conservative institutions catering primarily to high-net-worth individuals, the sector is now shaped by technological innovation, demographic shifts, and evolving consumer expectations. A new report from the World Economic Forum and Accenture, The Future of Financial Advice, highlights six trends driving this change. From the rise of AI and robo-advisors to the growing influence of "finfluencers," the industry is becoming more inclusive and accessible, with a stronger focus on financial literacy and holistic well-being. These changes present opportunities and challenges for financial institutions, policymakers, and consumers alike. How can the industry adapt to provide trustworthy, personalized, and cost-effective advice in this fragmented landscape? I’d love to hear your thoughts: What do you think is the biggest game-changer in the world of financial advice today? https://lnkd.in/gFYU3Nsc

Talk About it: Loqbox Reveals Ways Of Improving Financial Wellbeing | The Fintech Times: Loqbox has set out to provide people with the knowledge, confidence, and tools to reach their financial goals and feel better about money.