Time to throw caution to the wind?

clock •

The adviser technology snowball is gradually gaining momentum. This is in part due to the vast amount of column inches now devoted to setting out how portals, platforms, wraps etc will assist in developing their businesses and help with transitioning from a commission lead to a fees lead business model.

The basic premise is that if we keep telling the story, the message will eventually get through. Ultimately the message is true – technology will benefit advisers and advisers will embrace it, therefore momentum will keep on building. Indeed, some advisers have already set sail down a particular technology solution route with great gusto – including in some cases - development of their own wrap platforms, but there is inertia amongst others. This may of course be down to those that are just reticent about making a change – staying in their comfort zones, ‘If it ain’t broke, don’t fix ...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Technology

'Fool's gold' warning as more than half of consumers embrace AI for decision-making

'Fool's gold' warning as more than half of consumers embrace AI for decision-making

AI is increasingly shaping the future of financial services

Laura Miller
clock 17 September 2026 • 2 min read
Can investors with ethical considerations really avoid AI?

Can investors with ethical considerations really avoid AI?

Why it's complicated to avoid AI in investment

Ian Aylward
clock 16 September 2026 • 4 min read
Anthropic rolls out Claude for US financial advisers

Anthropic rolls out Claude for US financial advisers

Has ‘ready-made’ workflows, follow-ups, CRM updates and compliance checks

Sophia Panayi
clock 15 September 2026 • 2 min read