AI in 2025: The Known Unknown

AI in 2025: The Known Unknown

by Jeff Nash, Founder & CEO, BridgeMark Strategies

Published January 5 on AdvisorHub

Ah, the possibilities! Excitement about the potential that comes with the dawn of a new year is common – and sometimes that potential turns out to be exaggerated. But I believe those looking forward to all that 2025 will bring may actually be onto something … particularly in the wealth management space.

I expect 2025 will be remarkable for our industry in a number of ways. We’ve got a new, business-friendly power base in Washington D.C. The Republicans in charge of both the executive and legislative branches are expected to take a look at regulatory restrictions in place and loosen the reins. Whether this is a positive or negative depends on your vantage point and time horizon.

We’re in the early stages of the great wealth transfer that is already transforming the advice industry (for the better). Consolidation among RIAs and IBDs will continue apace in 2025 as the profitability of the space continues to rise, private equity continues to make its presence felt and demographic realities continue to alter the playing field......Read More