Digital disruption to eruption: Tech risks to advice firms

Digital now ‘fundamental’

Jenna Brown
clock • 5 min read

Jenna Towler talks to Russell Andrews about the shift from digital disruption to digital eruption, how IFAs can keep up and the new set of risks facing advice businesses

Digital disruption in financial services has been with us for about a decade now and many advisers were early adopters. But things have moved on from disruption to eruption, says SEI head of EMEA, APAC and LATAM solutions Russell Andrews, with the past 15 months of pandemic-induced lockdowns accelerating the recognition of how digital now plays a "fundamental role" in the advice business. Andrews says: "We have seen a greater realisation and more fully embraced advice market. I wouldn't say anyone has cracked it fully just yet but what I would say is that it is no longer a risk, it is...

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