In the Spring, the Grass IS Actually Greener…


Spring has been called the season of new beginnings. So, it’s not surprising this time of year gets people thinking about switching things up on the professional front. It’s a big decision, no matter who you are; But, if you are a financial advisor, making a move to a new firm or business model can be particularly complicated. There are many constituents who’ll be impacted, including the advisor’s team and clients. And there are many options to consider. I thought it might be interesting to run through a hypothetical scenario to discuss all that goes into the assessment. Let’s take a look at Stanley Lynch, an advisor at one of the large wirehouses. He’s been in the business for over two decades and has earned the trappings of success that accompany hard work and commitment: $450 million AUM, with $3.5 million in annual revenue, most of it recurring. He’s got a [...]

In the Spring, the Grass IS Actually Greener…2023-05-01T12:35:39-04:00

Savvy RIAs Leverage Fintech to Enhance the Client Experience


The most effective registered investment advisors (RIAs) have a knack for providing clients with timely advice that helps them bolster their financial health and protect essential assets. However, top-tier advisors can also take full advantage of emerging financial technologies, more commonly known as “fintech," to enhance the overall client experience. Fintech has forever changed the RIA industry and will continue to shape it in the coming years. If a registered investment advisor wants to be counted among the best in their field, then they must learn to leverage fintech. Benefits of Fintech for RIAs Here are the advantages of fintech: Improved Collaboration Fintech can improve every interaction between RIAs and their clients. Financial advisors can also use fintech to enhance the level of transparency with which they operate. Many fintech tools also have client-facing applications or interfaces that allow individuals to review their portfolio simply by opening a mobile app. These types [...]

Savvy RIAs Leverage Fintech to Enhance the Client Experience2022-06-24T10:25:21-04:00