Disclaimer: The following post is sponsored by LU Global, all opinions and views expressed in this article are courtesy of Financial Horse.

Probably the biggest thing in South East Asia (and perhaps globally) these days is wealth management. Private wealth management is big because of a confluence of factors: (1) regulatory changes making it harder for banks to make money on traditional lending and trading, forcing them to go into alternative businesses like wealth management, (2) the explosion of wealthy individuals in Asia, and (3) technology radically transforming the investment landscape both in terms of access to information, and access to products.

In recent years, we’ve had roboadvisors like StashAway, fund management platforms like MoneyOwl and EndowUs,