
Rethinking financial services in the age of AI
Artificial intelligence (AI) could do a lot to democratise wealth and advice, but only if the financial services sector rethinks its business model first.
Endowus is a fee-only wealth platform in Asia. With entities licensed by the Monetary Authority of Singapore and the Securities and Futures Commission of Hong Kong, Endowus spans private wealth and public pension savings, helping investors grow their money with expert advice and access to institutional financial solutions at low and fair fees, through a personalized digital wealth experience.
Artificial intelligence (AI) could do a lot to democratise wealth and advice, but only if the financial services sector rethinks its business model first.
The 'fee-based' model – as pioneered in mature financial markets – encourages wealth managers to uphold their fiduciary responsibility, instead of chasing lucrative commissions
Wealth managers must level the playing field and close the investment gap to ensure that a viable financial future is not limited to a privileged few.



