Nerd's Eye View

MAY 6, 2024

Welcome to the May 2024 issue of the Latest News in Financial #AdvisorTech – where we look at the big news, announcements, and underlying trends and developments that are emerging in the world of technology solutions for financial advisors!

Financial Advisor 152

Financial Advisor Retirement Planning CFP Clients 152

Nerd's Eye View

MAY 15, 2023

From the introduction of computers to the rise of the internet to the emergence of ‘robo-advisors’, there has been no shortage of innovations that would allegedly reduce the need for consumers to work with (human) financial advisors. written responses that conform to how humans typically communicate).

Financial Advisor 238

Financial Advisor Financial Planning Financial Advice Clients 238

Nerd's Eye View

FEBRUARY 19, 2024

The 2024 Technology Tools for Today (T3) Advisor Conference, held last month in Las Vegas, Nevada, featured a large gathering of financial advisors and representatives from across the fintech industry.

Consulting 172

Consulting Financial Advice Engineering Financial Advisor 172

Nerd's Eye View

FEBRUARY 23, 2024

Which suggests that instead of trying to go head-to-head with these larger firms (and their heftier marketing budgets) in attracting clients, smaller firms might instead demonstrate how they are 'different' by offering a unique service offering tailored to their ideal target clients.

Financial Planner 195

Financial Planner Certification CFP Financial Advice 195

Nerd's Eye View

MARCH 4, 2024

Welcome to the March 2024 issue of the Latest News in Financial #AdvisorTech – where we look at the big news, announcements, and underlying trends and developments that are emerging in the world of technology solutions for financial advisors!

Startup 186

Startup Wealth Management Clients Portfolio 186

Abnormal Returns

MAY 10, 2024

freakonomics.com) Finance Barry Ritholtz talks with Jim O'Shaughnessy about his investing career, VC and the potential of AI. mebfaber.com) Eric Golden talk with Nir Kaissar, founder and portfolio manager at Unison Advisors, about the state of markets.

Portfolio Management 208

Portfolio Management Portfolio Management Investing 208

Nerd's Eye View

NOVEMBER 6, 2023

Welcome to the November 2023 issue of the Latest News in Financial #AdvisorTech – where we look at the big news, announcements, and underlying trends and developments that are emerging in the world of technology solutions for financial advisors!

Compliance 205

Compliance Valuation Financial Advisor Clients 205

XY Planning Network

APRIL 22, 2024

Imagine a world where financial advisors can spend less time on tedious tasks and more time delivering personalized, high-value services to their clients. This world is not a distant future – it's today, and artificial intelligence (AI) is making it possible.

Wealth Management 91

Wealth Management Financial Advisor Management Clients 91

Wealth Management

JUNE 5, 2023

Even as OpenAI’s GPT-4 integrates into existing applications, many advisors are heading straight to the source, buying subscriptions of the open platforms to enhance their business. Others see more profound disruptions.

90

90

Nerd's Eye View

JANUARY 17, 2024

ChatGPT's introduction set off a wide-ranging public debate around both the transformative power of AI as well as the potential (and largely unpredictable) threats it may pose. A 3rd prompt reviews annual review meeting transcripts, capturing client quotes from key review areas, which can then be fed to a CRM.

Financial Advice 130

Financial Advice Financial Planning Planning Clients 130

Nerd's Eye View

NOVEMBER 3, 2023

Among other measures, the proposal would amend the current 5-part test that determines fiduciary status for retirement accounts by defining as a fiduciary act a one-time recommendation to roll funds from a company retirement plan to an Individual Retirement Account (IRA), strengthen advice standards for independent insurance professionals, apply to (..)

Financial Planner 214

Financial Planner Retirement Planning Retirement Insurance 214

Nerd's Eye View

JANUARY 1, 2024

Welcome to the January 2024 issue of the Latest News in Financial #AdvisorTech – where we look at the big news, announcements, and underlying trends and developments that are emerging in the world of technology solutions for financial advisors!

Retirement Planning 201

Retirement Planning Compliance Startup Clients 201

Nerd's Eye View

MAY 19, 2023

And despite some industry observers’ concerns that AI tools could eventually replace human advisors, a strong majority of those surveyed said they do not expect AI to replace advice from humans. Read More.

Financial Planner 179

Financial Planner CFP Financial Advisor Clients 179

Wealth Management

MARCH 9, 2023

Companies like FMG, Orion and Broadridge have already started integrating ChatGPT, while others, like Snappy Kraken, are taking a more cautious approach.

111

111

Nerd's Eye View

AUGUST 25, 2023

Enjoy the current installment of "Weekend Reading For Financial Planners" - this week's edition kicks off with the news that a recent CFP Board survey indicates that consumers do not expect AI tools to replace human financial advisors, but rather supplement advisors' work. Read More.

Financial Planner 201

Financial Planner Retirement Retirement Planning Advertising 201

Abnormal Returns

JANUARY 1, 2024

riabiz.com) Can a fiduciary adviser safely use AI-generated advice? barrons.com) The latest in advisortech including JP Morgan Chase ($JPM) shutting down its robo-advisor solution. Podcasts Michael Kitces talks with Rob Nelson who is the CEO and Founder of NorthRock Partners about offering clients a wider set of services.

Retirement 222

Retirement Taxes Clients Marketing 222

Nerd's Eye View

DECEMBER 22, 2023

Enjoy the current installment of "Weekend Reading For Financial Planners" – this week's edition kicks off with the news that Envestnet has published research highlighting a number of key trends that they believe will shape the growth of the advisory industry in 2024 and beyond, which reflect at a high level advisors' ongoing shift towards providing (..)

Financial Planner 215

Financial Planner Fee Only Tax Planning Retirement 215

Nerd's Eye View

AUGUST 7, 2023

Welcome to the August 2023 issue of the Latest News in Financial #AdvisorTech – where we look at the big news, announcements, underlying trends, and developments that are emerging in the world of technology solutions for financial advisors!

Estate Planning 196

Estate Planning Wealth Management Financial Advisor Planning 196

Nerd's Eye View

APRIL 12, 2024

Enjoy the current installment of "Weekend Reading For Financial Planners" - this week's edition kicks off with the news that a recent study has found that many small- and mid-sized advisory firms that use "supported independence" platforms for their technology and back-office needs, have the potential to see greater growth in the years ahead given (..)

Financial Planner 188

Financial Planner Recruitment Insurance Financial Advisor 188

Nerd's Eye View

SEPTEMBER 4, 2023

Welcome to the September 2023 issue of the Latest News in Financial #AdvisorTech – where we look at the big news, announcements, and underlying trends and developments that are emerging in the world of technology solutions for financial advisors!

Startup 221

Startup Financial Advisor Clients Financial Planning 221

Abnormal Returns

OCTOBER 23, 2023

investmentnews.com) The direction toward adviser independence is ongoing. (riabiz.com) AI Is AI an existential threat to the business of financial advice? advisorperspectives.com) Vanilla is rolling out more AI tools for estate planning. citywire.com) A list of the top blogs for financial advisors to read.

Compliance 157

Compliance Estate Planning Financial Advice Financial Advisor 157

Nerd's Eye View

DECEMBER 1, 2023

Jarkesy, which in a narrow sense focuses on the SEC's use of in-house Administrative Law Judges to hear securities law cases rather than traditional Federal jury trials, but in a broader sense could call into question the SEC's (and other government agencies') authority to make rules and enforce laws in the absence of specific guidance from Congress (..)

Financial Planner 185

Financial Planner Communication Estate Planning Wealth Management 185

Wealth Management

NOVEMBER 20, 2023

Firms will have to be transparent, provide adequate guardrails and deliver impactful strategies to succeed because while AI won't replace humans it is not going away.

Financial Advisor 120

Financial Advisor Assets Management 120

Nerd's Eye View

APRIL 1, 2024

Welcome to the April 2024 issue of the Latest News in Financial #AdvisorTech – where we look at the big news, announcements, and underlying trends and developments that are emerging in the world of technology solutions for financial advisors!

Estate Planning 167

Estate Planning Financial Advisor Startup Clients 167

Wealth Management

MAY 10, 2024

LPL Financial prioritizes tech to aid advisors, focusing on AI and scaling in 2024.

99

99

Abnormal Returns

APRIL 1, 2024

Podcasts Kevin Thompson, CEO of 9i Capital Group LLC, discusses the RIA industry's impact on advisors' autonomy with Josh Brown, CEO of Ritholtz Wealth Management. riabiz.com) Fintech More startups are claiming they can use AI to serve more clients, more efficiently. investmentnews.com) The biz How Altruist Cash came to be.

Wealth Management 204

Wealth Management Math Financial Advising Retirement 204

The Reformed Broker

APRIL 21, 2023

This week, Michael Batnick, Ben Carlson, Ric Edelman, and Downtown Josh Brown discuss regulators vs Bitcoin, advice for financial advisors looking to get in the content game, the 2023 banking crisis, the new 60/40, exponential technology, how AI will impact financial advice, longevity, and much more!

Financial Advice 204

Financial Advice Financial Advisor Banking Marketing 204

Abnormal Returns

JULY 10, 2023

Podcasts Meb Faber talks with Blake Street is a Founding Partner and CIO of Warren Street Wealth Advisors. citywire.com) AI implementation in finance requires good data, which big banks have. citywire.com) A Q&A with Eric Clarke, outgoing CEO of Orion Advisor Solutions.

Compliance 204

Compliance Recruitment Wealth Advisor Financial Planning 204

Abnormal Returns

OCTOBER 16, 2023

(wiredplanning.com) Daniel Crosby talks with Matt Reiner partner at Capital Investment Advisors about the future of financial advice. thinkadvisor.com) AI tools are coming for the compliance function. standarddeviationspod.com) M&A Are smaller RIAs at risk because of national, full-service firms?

Compliance 218

Compliance Financial Planner Financial Advice Investment Advisor 218

Nerd's Eye View

JULY 14, 2023

Enjoy the current installment of "Weekend Reading For Financial Planners" - this week's edition kicks off with the news that while the new social media app Threads, designed to compete with Twitter, has surpassed 100 million users in its first week alone, its potential utility for advisors remains unclear and has raised compliance concerns for advisors (..)

Financial Planner 211

Financial Planner Compliance Media Retirement Planning 211

Abnormal Returns

DECEMBER 18, 2023

riabiz.com) JP Morgan ($JPM) is shuttering its robo-advisor. npr.org) Advisers AI is going to change everything. (podcasts.apple.com) The biz What is the endgame for Betterment? citywire.com) After some false starts, Apex Fintech, the clearing firm, filed for an IPO. msn.com) Addepar says it now tracks $5 trillion in assets.

Retirement 243

Retirement Accounting Planning Clients 243

Abnormal Returns

MAY 29, 2023

financial-planning.com) JP Morgan Chase ($JPM) is dipping its toe in the AI waters with 'IndexGPT.' (cnbc.com) The biz Advisers were leaving banks even before the recent turmoil. ft.com) Goldman Sachs Advisor Solutions is on a bit of a roll. citywire.com) Technology What the first wave of robo-advisors got wrong.

Wealth Management 194

Wealth Management Financial Advising Estate Planning Banking 194

Wealth Management

OCTOBER 27, 2023

Advisors at Nitrogen's Fearless Investing Conference describe how they're helping their clients invest fearlessly.

Clients 56

Clients Investing Investments 56

Nerd's Eye View

MAY 1, 2023

Welcome to the May 2023 issue of the Latest News in Financial #AdvisorTech – where we look at the big news, announcements, and underlying trends and developments that are emerging in the world of technology solutions for financial advisors!

Taxes 179

Taxes Retirement Planning Advertising Retirement 179

Abnormal Returns

MARCH 8, 2024

dollar with Linda Goldberg, a Financial Research Advisor at the Federal Reserve Bank of New York. econofact.org) Companies Patrick O'Shaughnessy talks AI with Aravind Srinivas is the founder and CEO of Perplexity. (econtalk.org) Michael Klein talks about the role of the U.S. pushkin.fm)

Economy 202

Economy Media Management Banking 202

Wealth Management

DECEMBER 1, 2023

As the first AI-powered GPT assistant for financial advisors, SIFA is on a mission to automate ongoing communications between advisors and their clients.

Financial Advisor 118

Financial Advisor Communication Clients 118

Wealth Management

MARCH 6, 2024

Open, honest and candid discussion about the flexPATH lawsuit verdict, AI in DC plans, employee engagement, convergence and retirement plan advisor due diligence.

Retirement Planning 102

Retirement Planning Retirement Planning 102