Adviser interest in changing technology packages has dropped since the flurry of activity sparked by the pandemic but the lull could be the ‘calm before the storm’ for providers, according to NextWealth.
The firm's latest Adviser Tech Stack report, due to be published on 21 September, said just 13% of financial advice professionals said they planned to make specific changes to their tech stack in the next 12 months. However, NextWealth managing director Heather Hopkins said providers should not ‘rest on their laurels'. She said: "After the frenzy of tech change due to the pandemic, our data suggest we are seeing a hiatus, with just 13% of financial advice professionals saying they plan to make specific changes to their tech stack in the next twelve months. "However, the adviser rev...
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