One the most read articles on our blog is about the pros and cons of advisory and discretionary portfolio services, and the decision to go one way or the other (or both) continues to be one of the first questions I get asked about by advisers and licensees in our engagement process to help them. [...]
I really like the opening sentence on this article of 'Technology is enabling financial planners to climb the value ladder, but at the same time it is kicking out the rungs behind them as they go.' The growing trend of management margin and service moving to advisers described well here. Financial Simplicity's Nudge service is [...]
I am really enjoying the heating debate about whether Robo advice will replace human advisors or complement human advisors and in the last month a few thing have to come to light that are starting to provide not only some trends, but some sound argument as to why these trends are happening. If I can [...]
A really fascinating and insightful session at the ASIC RegTech round table earlier this week in Sydney, Australia. One key thing I took away from the session is that in many peoples eyes, Regtech is part of the genesis of the next generation of financial services operating models with benefits not only in reducing the [...]
Some good perspective in this article that I suspect will become increasingly relevant throughout the year as the consumer and regulatory tightening on the industry takes increased effect. http://www.accountingtoday.com/opinion/2017-in-wealth-management-top-trends-in-the-coming-year-for-financial-planners
With increasing regulatory focus on investor's overall investments, one of the tech trends is the increasingly important for portfolio management technologies to include what is called in the USA as 'Held Away' assets. This is because the focus under a fiduciary has been translated by many as 'continuous and comprehensive counsel' of investments. Help Away [...]
We grabbed Stuart Holdsworth to talk briefly about some of the big picture technology related trends in wealth management that he anticipates for 2017.