Five tech risks wealth managers can turn into opportunity
By Tom Carnegie, 23 Aug 18
Wealth managers need to look at ways of embracing technology rather than viewing it as a threat
Click through the slides below to see the top tips
Risk one: The challenge of adviser/client alignment
Russell says it is often the trust an adviser builds with a client that promotes and differentiates a firm’s brand.
“When an adviser and the client each use different systems to view and manage wealth, the experience suffers.
“The effect here is a double-whammy when both adviser and client are frustrated, your firm is liable to lose both.
“A fully integrated, modern platform provides a unified experience that takes customers from ‘prospect’ all the way through the client lifecycle,” he said.
