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Fintech allows wealth managers to apply “client segment arbitrage”

Fintech has been a major enabling factor for players in the wealth management industry to achieve “client segment arbitrage”, where the same service model is applied to different client segments at scale. “Wealth managers have begun extending traditionally HNW-targeting product offerings to mass clients, and this has been accompanied by technological innovation and upscaling,” said Nick Xiao, CEO of Hywin…

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