Categories
InvestEdge Peers a Decade Into the Future at Their Strategic Partner Forum

InvestEdge Peers a Decade Into the Future at Their Strategic Partner Forum

Posted by on May 14, 2018 in Conference Summaries

Looking forward 10 years into the future of any industry is mixture of one part research, one part intuition and one part luck.  And we have to wait a decade to see if the predictions were even close to being right. InvestEdge, a leading provider of innovative financial advisory technology solutions, gave their clients a […]

“Don’t Get Creepy”: Privacy in Wealth Management & Emerging Technology Trends

“Don’t Get Creepy”: Privacy in Wealth Management & Emerging Technology Trends

Posted by on May 7, 2018 in Conference Summaries

“Where am I to go now that I’ve gone too far?” — Lyrics from Twilight Zone by Golden Earring There is a story that is now infamous among statisticians and big data analysts about how retailing giant Target was able to figure out which of their female customers were pregnantsolely based on their shopping habits.  They […]

4 Best Practices for Banks Launching Digital Advice Channels

4 Best Practices for Banks Launching Digital Advice Channels

Posted by on Apr 29, 2018 in Conference Summaries

“I think that you will all agree that we are living in most interesting times. I don’t remember a time in which our history was so full, in which every day brought us new objects of interest, and, let me say also, new objects for anxiety.” — Joseph Chamberlain, British Politician, 1898 We can all […]

7 Surprising Ideas From Fiserv Forum 2018

7 Surprising Ideas From Fiserv Forum 2018

Posted by on Apr 23, 2018 in Conference Summaries

The future impact of emerging technologies on banking and wealth management were a continuous theme throughout Fiserv’s annual client conference, called Fiserv Forum, which was held last week at the Venetian Hotel in Las Vegas. Artificial intelligence, cybersecurity and the rise of China in mobile payments were hot topics covered by multiple speakers and panel discussions […]

Stranger Things Are Happening to Financial Planning Software

Stranger Things Are Happening to Financial Planning Software

Posted by on Mar 25, 2018 in Financial Planning

Financial planning software is dead. Long live financial planning software! Everyone knows if you want to create financial plans you need a financial planning application and if you want to open accounts, trade and run compliance you need a wealth management application. That’s the way it’s always been. These two previously separate systems have recently begun […]

3 Reasons Every Advisor Should Be Blogging: Josh Brown Ritholtz

3 Reasons Every Advisor Should Be Blogging: Josh Brown Ritholtz

Posted by on Mar 12, 2018 in Conference Summaries

It seems that financial advisors are under assault from all sides.  From industry behemoths like Vanguard, who can give away advice while capturing product fees on $100 billion in assets, to digital RIAs (formerly called robo-advisors) that spend VC cash on marketing like Philadelphia Eagles players spraying Champagne after winning the Super Bowl. Software algorithms […]

The Game of Thrones Struggle Between Banks & Wealth Managers

The Game of Thrones Struggle Between Banks & Wealth Managers

Posted by on Mar 4, 2018 in Banking, Technology

2017 was a series of ups and downs for banks. The recently passed tax bill lowered their rates which will boost their bottom line and any interest rate hikes will goose their lending revenue. But new competitors lurk around every corner as technology giants such as Amazon, Facebook and Apple are launching consumer-facing financial products that chip […]

Future Shock: Ric Edelman Predicts The End of the World As We Know It

Future Shock: Ric Edelman Predicts The End of the World As We Know It

Posted by on Feb 18, 2018 in Conference Summaries

The world that financial advisors know is coming to an end. The exponential growth of disruptive technologies will impact every aspect of human life and society, according to Ric Edelman, CEO of Edelman Financial.  Advisors must adjust every service they offer in response to these changes or risk being left behind, he warned during his keynote […]

7 Game-Changers from the T3 Advisor Conference

7 Game-Changers from the T3 Advisor Conference

Posted by on Feb 12, 2018 in Conference Summaries

Industry focus. Relentless focus on gathering knowledge. A burning desire to stay up-to-date on the latest technology trends in wealth management. These are all of the reasons that I spent the week in Fort Lauderdale attending the T3 Advisor Conference and did not go home early to be at the Eagles Super Bowl Parade. Forty years […]

Is AdvisorEngine Building a Tamarac Killer?

Is AdvisorEngine Building a Tamarac Killer?

Posted by on Feb 3, 2018 in Asset Management, News, Technology

How much do you need to spend to build a wealth management platform that is able to compete with the established market leaders? Around $60 million, based on the total investments gathered by upstart wealthtech vendor AdvisorEngine. This is how much cash the firm has grabbed since 2014, when it was launched by Rich Cancro, who was […]