Wealth Management EDGE Opens 5 Summit Tracks as Advisors Weigh AI ROI, UHNW Services
Updated
Updated · Wealth Management · Jun 9
Wealth Management EDGE Opens 5 Summit Tracks as Advisors Weigh AI ROI, UHNW Services
2 articles · Updated · Wealth Management · Jun 9
Summary
Boca Raton-hosted Wealth Management EDGE opened Monday with five summit tracks centered on AI, investing strategies, tech for growth, private markets and ultra-high-net-worth wealth transfer.
AI sessions stressed discipline over hype: speakers said firms under $5 billion to $7 billion in AUM should avoid costly data lakes, tie projects to measurable ROI and focus first on repeatable tasks before agentic tools.
UHNW panels said richer families increasingly want holistic multi-family-office-style support, but building it in-house can crush profitability—some firms run at 9% margins versus 35% to 45% for larger scaled operators.
Investing discussions ranged from annuities and long-short SMAs to crypto tax-loss harvesting, while one strategist said his firm may raise commodities exposure from 30% to 40% amid a perceived supercycle.
Across the conference, advisors were urged to pair technology with human connection—using cleaner data, sharper follow-up and earlier engagement with next-generation heirs as wealth management broadens beyond portfolio advice.