Five Industry Trends Reshaping Financial Advice

The recent rise of the “robo-advisor” has called into question the relevance of financial advisors and the viability of current advisory business models. Yet the reality is that technology “disrupting” financial advisor business models isn’t new, and has actually happened repeatedly over the past several decades. Advisors have to adapt or be left behind. In this session, we look at how technology is once again driving major changes in the business model of financial advisors, driving a Great Convergence across historically-separate industry channels, triggering a Crisis of Differentiation, a Search for New Business Models, and rising pressure on improving the Client Experience. Join the conversation to prepare for the coming years as the consumers of financial planning shift from Baby Boomers to the Gen X and Millennial generations—digital natives who demand advisors to leverage technology and add value on top.