Gaining Perspective Emerging Trends in the RIA Profession
Among financial advisors, 57% have reported spending a significant portion of their time discussing non-financial topics with clients. To retain clients, advisors need to provide a more connected and emotional financial experience to help clients achieve and sustain financial freedom. The role of an advisor is changing, and advisors should use technology for the more technical aspects of the job, to focus on the emotional, human-to-human connections. As advisors’ roles evolve, they face ongoing challenges of capacity and scale. To respond, they must be intentional about how they use their time, where they invest, and the new skills they develop. My guests will delve into this topic, and why it requires the right infrastructure to maintain capacity, and how advisors can use specialization, partnership, technology, and operations to gain capacity and grow.
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Links to resources about SEI and its advisor offering
- About SEI’s Advisor Business: https://www.seic.com/rias-independent-advisors/overview
- Link to Growth Lab: https://info.seic.com/welcome-to-the-sei-growth-lab
- Link to Scale with Technology toolkit: https://info.seic.com/scalewithtech
- Link to Scale with Operations toolkit: https://info.seic.com/growth-lab-scale-with-operations
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