This report discusses the rise of WealthTech, a sector experiencing rapid growth due to new technology solutions. The global wealth management sector is expected to reach $101 trillion by 2020, with a CAGR of 6%. The financial industry has always been tech-intensive, with the 1990s being a key period of tech integration. The report also mentions the impact of the latest technology trends on legacy solutions in the wealth management industry. Drake Star Partners, a firm specializing in M&A and private placements, has recently orchestrated transactions in the WealthTech sector, including the sale of rplan to InvestCloud and the majority sale of Gambit to BNP Paribas Asset Management.