Tech-savvy advice firms generate '44% more revenue per adviser'

The index, whose findings were published on Tuesday (10 May), analysed nearly 4 billion clicks through intelliflo office over the last year, scoring and segmenting advice firms based on their level of tech adoption, it said. Firms were segmented into four cohorts based on their eAdviser scores, ranging from those firms who had adopted technology to its fullest potential to those yet to realise the full potential of technology. The analysis revealed that advice firms in the top technology adoption group generated on average 44% more revenue per adviser compared to the lowest adoption g...