Traditionally when it comes to investing, certain privileges were reserved exclusively for those with a high net worth. As the saying goes, the rich get richer. Many analysts suggest that part of the reason is that this group earns higher returns on their investments than those considered “average investors.”
The result is that the wealth gap between the rich and the poor has continued to widen, suggesting that a solution is needed now, more than ever. Consequently, the concept of democratizing wealth management has continued to grow in popularity to equalize the playing field. With automated trading and other digital solutions, some of the same opportunities given to high net worth clients are also being given to regular investors.
To
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