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Financial Advisors Believe Their Days are Numbered
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Financial Advisors Believe Their Days are Numbered

Financial Advisors Believe Their Days are Numbered

Emily Donato·
FintechNews RoundupUSA
·Jan. 8, 2020·1 min read

According to a new survey by Greenwich Associates 43 percent of financial advisors believe there will be fewer advisors in the next five years and most blame robo advisors for the trend; clients on the other hand have become more trusting of advisors who just fintech tools according to the same survey; “Put another way, financial advisers expect technology to take their jobs, but clients expect technology to make their financial advisers better,” said Brad Tingley, a Market Structure and Technology Analyst at Greenwich Associates, in the report according to Business Insider. “The reality is somewhere in between.”; some of the larger wealth managers are trying to lure younger tech savvy talent to better understand how to use new tools and potentially gear products to the next generation of clients. Business Insider

  • Emily Donato
    Emily Donato

    With efforts in many different areas of the team, she helps manage, organize and execute digital and event content. She works with webinars, podcasts, social media along with managing the hundreds of speakers that attend our conferences. Emily was a part of the Zimmerman Advertising Program at the University of South Florida. She graduated in 2019 receiving a Bachelor of Science in Business Advertising.

    View all posts
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digital wealth management; Greenwich Associatesfinancial advisorsrobo-advisors
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