Wealth management firms are accustomed to weathering economic, regulatory and geopolitical shifts. But today the pace of these changes has accelerated to unprecedented levels. Changes in investor demographics, a growing wealth gap, cyberthreats and emerging technologies like artificial intelligence, data analytics and cryptocurrencies are exacerbating the challenges. These firms must also create effective post-pandemic work environments—often a hybrid solution between office and home—that will help them prevail in the increasingly heated war for talent.