The Next-Generation Wealth Advisor: Harnessing Data and Technology to Drive Business

As the investment industry reinvents itself for a digitally-connected world, wealth advisors must also radically reimagine and retool their businesses. Unfortunately, many have not moved quickly enough — or at all — to make the necessary changes, putting their future market position at risk. 
 
ESI ThoughtLab and Broadridge provide a roadmap and business case for wealth advisors looking to both realign and digitally transform their practices. 

Topics include:  

• Looking at an industry in flux – A look at economic, demographic and technological shifts that will have major implications for wealth advisors.  
• The preparation of advisors – Many firms are struggling to keep up with the speed of change and are not prepared in several crucial areas.  
• The next-generation advisor – How to stay relevant in the digitized marketplace by rethinking advisor roles and how they drive value to investors.
• How to drive transformation with technology – For advisors, technology can present both disruption and opportunity as it raises investor expectations and provides a new way to meet client needs. 
• The ROI of digital innovation – Although getting up to speed on technology can be challenging, the payback can be significant. And advisors who move too slow will pay a steep "laggard penalty."
• Calls to action – Based on ESI ThoughtLab’s research and input from Broadridge experts, we have framed six calls to action to help investment advisors adapt to new market realities.