- With 2020 quickly approaching, Business Insider is polling experts around Wall Street to learn what finance, investing, and more will look like in 2030.
- Business Insider asked executives and at wealth and brokerage firms - UBS, Wells Fargo, Merrill Lynch, Betterment, Wealthfront, BNY Mellon, TD Ameritrade, and Charles Schwab - to examine what shape the business, already fast-evolving, may take in a decade.
- We asked about technology, the financial adviser of the future, and consolidation across business segments. We've printed their responses here in full.
- Visit BI Prime for more stories, and click here to read an abridged version of this wide-reaching survey.
In recent weeks, we asked executives and at wealth firms - UBS, Wells Fargo, Merrill Lynch, Betterment, Wealthfront, BNY Mellon, TD Ameritrade, and Charles Schwab - to examine what shape the business, already fast-evolving, may take in the year 2030.
For an overall view of how respondents answered our questions about technology, what the typical financial adviser will be like a decade from now, and consolidation across business segments, we've printed their responses in full.
The participants, who range from leaders at wirehouses to robo-advisers, were overwhelmingly upbeat on the potential for artificial intelligence in the industry.
And while they were somewhat split on the direction of fees for advisory services and other offerings, the group was mostly in agreement that the industry would see consolidation in their respective segment of the market.
Here are all of the participants' responses to our five questions, listed in alphabetical order by firm or unit name. The first three questions were posed as short-answer, and the remaining two were posed as multiple-choice with the opportunity to add additional commentary.
