The financial advice industry has seen seismic shifts over the past decade. Technology has been, and continues to be, a major driver of change in the industry. Every type of business – from wirehouses to independent broker-dealers to registered investment advisers – has integrated technology into the foundation of their services and processes.
However, all technology is not created equal – and neither are the benefits it can bring to advisers, institutions, and the investors they serve.
This study seeks out the answers to three fundamental questions: