Discretionary managers must adapt to survive as tech evolves - Altus

The technology consultant's paper said the use of software that allows customers to test adjustments in importance weighting, investment amounts and timeframes before validating their understanding with an adviser where necessary could become more prevalent in the near future. Adding such an approach could undermine traditional discretionary managers in years to come if they did not alter the way they operate. The prediction comes from the Altus white paper: Reimagining financial advice: How digital capability is enhancing, not replacing the financial adviser released in conjunction w...