Mitchell H. Caplan

Once the domain of institutions, RIAs and fee-based planners are adopting artificial intelligence.

The impact of commoditization, fee compression and consolidation on RIAs in 2018 cannot be understated.

Collaboration and acquisition between incumbents and start-ups is poised to increase.

The need to eliminate complexity, boost transparency and create efficiencies is stronger than ever.

Top performing planners adopt tech tools at nearly twice the rate of the typical RIA, according to an annual study by Jefferson National.

Artificial intelligence will impact every aspect of RIA practice, from the front-end to the back office.

Greater transparency, high value, low cost and instant access: the financial technology has the power to provide it all.

Disruption of financial services is not a one-time event. Innovation is shaping everything from consumer behavior and advisers' needs to regulatory requirements.

Advisers must integrate risk management, invest in technology and take control of what they can.

Advisers must integrate risk management, invest in technology and take control of what they can.

As wealth management innovates, the ongoing trend is toward simplicity, transparency and greater value.

Access to more information is not the same as understanding the best way to use it.

Embracing fiduciary standards, managing client risk and integrating technology are essential steps for every RIA to undertake.

Advisers will have new apps to choose from and more risks to manage. But their ability to put the client first will determine success.

Advisers aren't being eliminated. But they should understand the trends transforming the industry.

Changing the business model for younger clients starts with innovative technology and digital solutions combined with holistic, unbiased, guided advice.

Financial literacy is low, and advisers have the opportunity and digital tools to establish themselves as trusted educators.

No financial solution can gain momentum without the collaboration of technology and human capital. But robos are only one small part of this equation.

Technology changes the way products are priced, bought and sold.

Technology changes the way products are priced, bought and sold.