/ by Don Connelly / Best Practices / 0 comments
In the third of our series of Critical Issues Facing Financial Advisors Right Now, we turn to the challenge facing advisors in adopting the technologies that will drive business growth for the foreseeable future. Financial advisors have seen the future, and it is now. Those who learn to embrace it will have a distinct advantage over those who continue to run from it.
We can complain all we want about the rise of robo-advisors but, the fact is, they only control a minute portion of the trillions of dollars held by wealth managers, advisors, and asset managers. Still, robo-advisors are on the cutting edge of technological innovations, and venture capital is flooding the financial technology sector with billions of dollars.
Our industry has reached a critical juncture where advisors must now choose to embrace technological change to get ahead of their competition and provide the level of service their clients have come to expect or risk obsolescence.
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The Evolution of Lead Generation: How Digitalization is Changing the Game for Financial Advisors
/ by Don Connelly / Prospecting / 0 comments
Financial advisors understand that a steady stream of qualified leads is the lifeblood of a thriving practice and a cornerstone of success in the financial advisory profession. Traditionally, lead generation has consisted of relation-based strategies, such as referrals, networking, and personal connections. However, as the financial services industry finally enters the digital age, the lead generation landscape has evolved significantly.
Digital tools and online platforms have introduced new ways to attract, engage, and convert potential clients, offering advisors greater efficiency and scalability in their client acquisition efforts. Understanding and embracing this shift is crucial for financial advisors looking to remain competitive in an increasingly digital world.
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Why Financial Advisors Must Embrace Technology Now
/ by Don Connelly / Best Practices / 0 comments
In the third of our series of Critical Issues Facing Financial Advisors Right Now, we turn to the challenge facing advisors in adopting the technologies that will drive business growth for the foreseeable future. Financial advisors have seen the future, and it is now. Those who learn to embrace it will have a distinct advantage over those who continue to run from it.
We can complain all we want about the rise of robo-advisors but, the fact is, they only control a minute portion of the trillions of dollars held by wealth managers, advisors, and asset managers. Still, robo-advisors are on the cutting edge of technological innovations, and venture capital is flooding the financial technology sector with billions of dollars.
Our industry has reached a critical juncture where advisors must now choose to embrace technological change to get ahead of their competition and provide the level of service their clients have come to expect or risk obsolescence.
Read more