Despite major worldwide setbacks (the dot-com bubble, the subprime crisis, and the COVID-19 epidemic), global wealth has been steadily rising over the past 20 years, rising from 80 trillion USD to 220 trillion USD. The wealth management sector, which helped maintain the rate at which the world's wealth increased over this time, has been under a lot of stress. But it appears to be dealing with far bigger problems now than in the past. In addition to external factors like political stability, natural occurrences (like pandemics), or the threat of an economic downturn, industry trends like rapid digitization, significant pressure on cost management, ongoing generational wealth transfer, rapidly changing customer profiles, and threats from Big Tech entry all have a significant impact on the wealth management sector. The purpose of this research study is to familiarize readers with the notion of wealth technology as well as major trends in the global wealth management industry.

Design/Methodology/Approach: The following approaches have been used for the paper's objectives: comparative analysis of presented data and critical examination of literature, including research publications. The purpose of the study paper is to acquaint the reader with both the concept of Wealth Tech and the major trends in the global wealth management industry.

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Keywords: Asset Management, Wealth Management, Wealth Tech.