Evolution in motion: The changing face of practice management systems

'The beating heart of adviser tech ecosystems'

clock • 5 min read

Nick Eatock looks adviser practice management systems and how they can meet the challenge of meeting users' sometimes conflicting demands...

In the ever-evolving landscape of financial advice, the importance of technology cannot be overstated. For firms to operate effectively in today's marketplace, integrating multiple software solutions is essential. At the centre of these technological ecosystems stands the modern practice management system. However, as highlighted in The Lang Cat's 2023 State of the Adviser Nation research, the practice management system is the bit of kit that advisers are most likely to say they'd like to change if it were easy to do so. So why is that? And how can software providers solve advisers' i...

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

AI and data integration critical to tackling adviser capacity crunch

AI and data integration critical to tackling adviser capacity crunch

Dynamic Planner’s Rowan Whittington and M&G’s Chris Hudson urge advisers to prioritise integration

Sahar Nazir
clock 11 June 2025 • 3 min read
Advice firms predict surge in client numbers as AI promises to reshape service delivery

Advice firms predict surge in client numbers as AI promises to reshape service delivery

Dynamic Planner's Advice 2025 report reveals rising demand for financial advice

Sahar Nazir
clock 09 June 2025 • 2 min read
FCA partners with Nvidia to allow firms to experiment with AI

FCA partners with Nvidia to allow firms to experiment with AI

Part of a 'supercharged sandbox'

Linus Uhlig
clock 09 June 2025 • 2 min read