The wealth management industry is heading toward a clear divide. On one side sit advisors well-suited to serve middle-class and affluent clients with standardized planning and portfolio management. On the other sit a far smaller number of firms equipped to handle the compressed timelines, cross-disciplinary demands, and multigenerational complexity that define ultra-high-net-worth family finances. Michael Gold , founder and CEO of Gold Family Wealth, says that gap will only widen.
