To see more results from our annual survey, please see our interactive graphic:
Planners are finally acknowledging that technology can vastly improve their practices and their advice. But how many are actually following through?
About 38% of the advisors surveyed for Financial Planning's new Tech Survey, told us that robo platforms would transform the wealth management industry in the next one to three years. Yet only 18% told us their firms had implemented the technology.
Clearly, there is room to grow.
But there's one tech tool that advisors and their firms have embraced wholeheartedly: Mobile.
Some firms have created their own smartphone apps. Doing so is beneficial to clients and advisors alike, planners told us. Said one survey respondent: "We have our own branded mobile app — this is attractive to our young clients as they can access [their accounts] easily."
Another said that mobile has "changed everything! [I] can do almost all my work from my phone, not that I'd want to, but [it] helps in a pinch."
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A Financial Planning survey revealed surprising insights about the tools of the present and a possible road map to the future.
December 1 - To compete with digital platforms, advisors are utilizing technology that makes them more efficient and delivers deeper insights.To see more insights from our annual survey, please see our interactive graphic: Tech Survey: The forces reshaping wealth management
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Here's what advisors say their firms must use to catch up, and get ahead.
December 1 - Move over AI. Here are six emerging tools that could become the new norm next year.
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A good software tool can be hard to find. Our annual Tech Survey can help.
December 1 - Over 1,000 advisors shared their predictions, from risk management to robos.
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When disaster struck, this tool helped Titus Wealth Management find affected clients in minutes.
November 1 -
When disaster struck, Titus Wealth Management used one tool to find all affected clients in 15 minutes.
November 21 - Advisors are (finally) embracing digital tools that can boost their efficiency and improve their advice. Which ones are worth the investment?
