Financial advice firms are embracing new technology to boost their businesses at an unprecedented rate, according to the latest Adviser Tech Stack Report from specialist wealth consultancy NextWealth.
The report which included two surveys from 908 financial advisers, financial planners and paraplanners found that nearly three quarters (73%) are open to adopting new technology. While most advisers are satisfied with their current tech stack, they continue to keep an eye on new technology which could help improve business efficiency and client experience. Around a sixth (17%) are actively planning to add new technology in the next 12 months. Pandemic propels tech demand Heather Hopkins founder and managing director of NextWealth says that the pandemic forced advisers to try new te...
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