The finance industry’s security and compliance standards often means that adopting and rolling out new technology takes longer for RIAs than for businesses in other industries. This can put RIAs at a disadvantage: some consumers are beginning to expect a seamlessly automated client experience, but the personal element is what allows your firm to win new business.
Fortunately, there’s a middle ground to be found, one that incorporates tech-forward solutions without sacrificing the one-to-one interactions your clients deserve. This Deloitte report outlines the trends shaping the future of wealth management.