Mitchell H. Caplan

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.

Adding new technology is more likely to be chosen as one of the most important factors to enhance profitability.

As volatility remains a real concern, advisers will need to continue to transition into holistic and goals-based advice.

Keeping up with the pace of change in the wealth management industry involves blending holistic advice and a digitally enhanced practice.

Early adopters worked out the kinks – now it’s time for advisors to dive in.

Voices: Big data is not data for data’s sake. But it is a tool to magnify value for clients — and a more efficient and effective way to work.