News

2/8/16, TrustAdvisor.com - Consolidation and continual innovation create a now-or-never sweet spot for advisors looking to automate the portfolio without surrendering to robotic competitors.

While the wealth management pundits spent the last year chasing robots, the rest of the industry quietly kept working on systems that automate the portfolio while leaving the human advisor in control.

1/22/16, ThinkAdvisor.com - In the new year, the markets have seen a well-documented, near-record selloff for stocks, despite today's mixed returns. However, the broad nature of this “mini-maelstrom of selling” has also exposed opportunities for the astute investor, says Zachary Karabell. Moreover, he said markets (and could have said investors) “have extremely short-term memories.”

1/12/16, theTrustAdvisor.com - Let robots do what robots do best behind the scenes while you get in front of the people who actually sign off on the transactions. Top-tier clients now pay a premium because the technology lets advisors focus on the human connections no machine can replace.

1/6/16, FundFire.com - Separately managed account (SMA) assets have rebounded overall since taking a plunge in 2007 thanks to the financial crisis. But in its resurgence, the market has taken on a new shape.

1/6/16, by Jay Hummel, SVP, Envestnet, Inc., Journal of Financial Planning - Most entrepreneurs dream of building a profitable business, enjoying autonomy and financial rewards, and cashing out untold wealth upon retirement. Financial advisers are no different, although they face a series of unique challenges before riding off into the sunset.

12/1/15, FinancialAdvisor.com - A number of leading broker-dealers are helping advisors stay ahead of the technology curve. The technologies that drive advisory practices and the technologies that advisors use to interact with their clients are rapidly evolving. Many advisors rely heavily on their broker-dealers to ensure that they have the technology tools they need to stay current and competitive. Here’s what a number of leading broker-dealers are doing to help their advisors stay ahead of the technology curve.

12/1/15, Financial-Planning.com -Like a cell undergoing mitosis, the wealth management industry is beginning to divide into information technology haves and have nots. In the past, advisors who were late adopters of technology suffered little, because the vast majority of their peers were in the same boat. But, as the results of Financial Planning’s 2015 tech survey make clear, that is no longer the case.

11/29/15, Erik Preus, Managing Director, Envestnet | PMC, Thetrustadvisor.com - Growth of conventional “advisor-managed” portfolios has begun to slow as a new generation of advisors is changing the traditional model. Advisors see the signs of industry disruption on the horizon, and want to ensure their stake in the future. Some rightly question whether the best practices that worked in the past can support an aggressive growth posture going forward. Others wonder whether “business as usual” is even sustainable in a world becoming dominated by agile and automated competitors.