• Posted By J.R. Robinson
    Tuesday, December 26 2017 at 1:38 PM
    Financial Planners have been embracing the digital revolution from the beginning, most notably through account aggregation and document storage platforms. My view is that the value of much of coming behavioral and AI tech is overhyped. Today, if I ask Alexa for up-to-date info on stocks, she is likely to provide me with information on "socks", including what Amazon vendors are having a sale (annoying). Amazon, Google, etc., pose ZERO near term threat to financial planners.
  • Posted By CRandall
    Tuesday, December 26 2017 at 12:39 PM
    This author is way off. Even if every technological advance he states come true, clients will still want and need advice. I'm a 30 year veteran and i still have some difficulty sorting through information to make correct decisions and recommendations. I actually believe the proliferation of easily accessible information makes the decisions more, not less complex. All the more need for professional advice.
  • Posted By Bill at FPPad.com
    Tuesday, December 26 2017 at 10:16 AM
    This is EXACTLY why I just launched the first Alexa skill covering fintech news for financial planners and investors. Enable it at fppad.com/alexa
  • Posted By jayhawk80
    Tuesday, December 26 2017 at 10:03 AM
    The power of Moore's Law ensures that these changes will happen much more quickly than most advisers can imagine. The WINNERS will be the organizations that see the opportunity to aggregate a clients entire financial profile and analyze it in real time for optimization of the clients goals. This will involve a cognitive and culture shift, from top to bottom, that unless breached, will leave many foundering... until they become obsolete the new wave of clients "connecting" for the benefits ahea