Maintaining trust in financial services is business-critical for both attracting and retaining clients. It is essential to implement measures to preserve the confidentiality of client data within your advice technology and ensure internal governance is at the forefront of every licensee and advice business.
Humanity exists in a globally interconnected world. This reigns true from both a social and business standpoint, but even more so when recognising humanity as an integral part of our natural environment - we are mutually dependent on one another.
Financial wellbeing is principally linked to a person's financial capacity, financial capability, and their overall satisfaction in effectively managing their economic life towards the achievement of their life goals.
Frictionless financial planning is more than just a catchy phrase. It describes a new way of thinking about how licensees and advisers can leverage technology to make their advice process easier for their business, and more importantly their clients, whilst also helping to better demonstrate the value of their advice.
The modern, progressive financial adviser knows that to succeed in 2021, you need to have smart tech and a human centred approach to goal setting, and more.
Life coach, accountant, investment quant, actuary, and sales negotiator. These are some of the roles that financial planners have traditionally had to assume in their work with clients. It’s no surprise that increasing regulatory pressure has resulted in many seeking to leverage technology, to redefine their business models, so they can reassert their focus on client relationships and the softer skills necessary to manage them.
