With the development of blockchain technology, the wealth management industry is facing change, similar to Shopify's impact on e-commerce. Currently, registered investment advisors (RIAs) face complex operational and compliance requirements, but manage more than $100 trillion in assets in the United States alone. The younger generation of investors are disappointed with traditional finance and expect more convenient ways to manage assets. The self-custody model on the blockchain will allow clients to work with multiple advisors to quickly obtain advice and achieve decentralized management of assets. Asset tokenization provides investors with higher liquidity and fractional ownership, making wealth management more democratic. In the future, more and more registered investment advisors will enter the on-chain market to provide services to emerging crypto clients.