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Is advice technology increasing your cost to serve? In this article, we discuss the common friction points created by legacy systems and how you can reduce your cost to serve by embracing next-gen
Without an influx of new talent coming in, the industry will be left with the challenge of boosting client capacity to bridge the advice gap. This means having 80 to 100 clients per adviser will not be sufficient according to Elixir Consulting managing director Sue Viskovic.
Almost three quarters of advice businesses are confident about future growth prospects, according to research from Iress, but the shape of those businesses is set to change across the board.
Financial advisers are bullish about future growth prospects despite ongoing challenges.