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#ItzOnWealthTech Ep 9: Digital Advice Trends with Randy Bullard

WealthTech Today

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Is Data Aggregation a One Way Thing?

Digital adoption is a one way thing in all markets, you know, people don't install Uber and then delete it. And so putting in place a digital wealth solution that allows the consumer to choose how they want to consume the advice can be an augmentation of human advice. Some advisors think that data aggregation is digital advice and I don't think of it that way. It's something you use to gather assets or more of a holistic conversation. But then once they see how digital advice works, then it turns into a net new trust, a net new customer channel for them.

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