SAN FRANCISCO, Calif. — Managing newfound tech wealth is not without its challenges and key considerations for the founders and employees who have accrued it.
"I think what we're seeing across the board with wealth creation in particular is just the pace of this wealth creation has happened so quickly, and scale is just tremendous," Goldman Sachs partner and San Francisco region head of private wealth management Brittany Boals Moeller told Yahoo Finance at the firm's Communacopia & Tech conference (video above).
"We're seeing, as you might imagine, a huge uptick in inquiries from founders and executives of many AI companies, but also the researchers, the developers, the investors who are all facing these sort of life-changing decisions," Boals Moeller said. "And they need access to very quick, smart advice."
The relentless surge in tech valuations — powered by the AI boom — is fundamentally reshaping household wealth across the tech sector.
Read more: What is generational wealth, and how do you build it?