Big Opportunity for Digital Wealth Management in China

According to a new report by BCG and Lufax there is a significant opportunity for digital wealth management firms; market penetration for independent third party wealth management in China is only 10 percent, compared to about 35 percent in the US; that gap leaves a lot of room for firms to grow market share; the report recommends companies define their value proposition, improve technology capabilities and have an organizational structure that’s agile. Source.

Todd is the Chief Product Officer of LendIt Fintech.

He is the host of PitchIt: the fintech startups podcast, a weekly interview show featuring emerging fintech founders and leading venture capitalists.

He is responsible for leading the content team which covers fintech through daily & weekly email newsletters, editorial, virtual events, and in-person conferences.

He has been covering fintech, banking, and venture capital for more than 15 years, including speaking regularly at industry events.

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