Financial Planning Email Newsletter: Have advisors reached tech overload? (August 15, 2024)

Have advisors reached tech overload?

View in browser

Wealthtech Weekly

August 15, 2024

By Rachel Witkowski Tech reporter

With many new tech offerings, some tech stacks are getting bloated with tools barely used by advisors.

It could be time to cut some vendors or find more uses within the platforms currently being used — an enterprise method that platforms like Advyzon have implemented, in this week's Tech Spotlight.

Here's what experts say about putting your tech stack on a diet plan, and much more at Financial Planning.

And check out the most useful advisor tech at our first conference on AI in wealth management, ADVISE AI, Oct. 9-10.

Reach me at [email protected].

Connect with Rachel:

TOP STORIES

Technology

For some advisory firms, it's time for a tech-stack diet, consultants say

Advisor consultants say it's time to do a tech gut check as new technology is bloating firms into paying for costly and often unnecessary tech stacks.

How Merrill, Morgan Stanley and more use AI as a chill pill for jittery investors
Firms like Merrill, Morgan Stanley and Morningstar are finding ways to use AI to calm the storm of economic and political uncertainties

Tech spotlight: Advyzon on solving the tech stack problem
Advyzon has grown for more than a decade using the strategy that all technology should be built in-house, even if it takes longer.

Quickly evolving tech is making long-term vendor commitment a thing of the past
More high-tech vendors are entering the market, making it harder for wealth management firms to keep a long-term relationship with third parties.

Read the latest in Wealthtech

Financial Planning

You're receiving this email because you signed up for Editorial emails from Financial Planning.

If you no longer wish to receive these emails, you can opt out here.

To update the emails you want to receive, or to unsubscribe from our mailing list, please visit our Email Preference Center.

Arizent
One State Street Plaza, 27th Floor
New York, NY 10004

About | Subscriptions | Contact | Privacy Policy

Have questions or concerns? Contact Support

This email was sent

August 15, 2024 6:33pm
Country:

United States
Tags
Publishing Consulting & Professional Services Media Enterprise B2B

Have advisors reached tech overload?

This email was sent

Country:

Tags