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Good financial advice depends on intellectual curiosity and human instinct as much as data. Steve Scruton, President of Broadridge Advisor Solutions, writes about how advisors can put both to work for clients in this article for Financial Advisor.
There are hazards to adopting new technology too slowly. More than revenue, advisors can lose their relevance and position. But embracing digital innovation faster can optimize the client’s digital experience and put firms on “The Path to Digital Leadership,” which Roubini ThoughtLab explored in their recent report "Wealth and Asset Management 2022."
Steve discusses the solution: creating high-functioning AI-driven business teams between now and 2022.