Navigating the Future of Wealth Management: Technology, Personalization, and Generational Shifts

Welcome to the Allocate Podcast, an interview and educational content series to help investors learn and navigate investing in alternatives. Join us to hear from leading founders, fund managers, and allocators on the latest trends and the keys to successfully participating in the private markets.

In this episode of the Allocate Podcast, host Samir Kaji welcomes Taylor Matthews, Co-Founder and CEO of Farther, a modern wealth management platform. They discuss the inception of Farther, the challenges faced by financial advisors, and the critical role of technology in enhancing client experiences and advisor efficiency. The conversation also covers the growing importance of alternative investments, the impact of generational wealth transfer, the future of wealth management driven by technology and personalized services, and so much more.

Bio of Guest

Taylor Matthews is the Co-Founder and CEO of Farther, a modern wealth management firm that integrates advanced technology with personalized financial advisory services. He holds an MBA from the MIT Sloan School of Management and a BA in Philosophy and Political Science from Yale University.

Before establishing Farther, Taylor gained extensive experience in the financial services sector. He served as the Head of Account Management, Customer Success, and Business Operations at ForUsAll, where he played a pivotal role in scaling the company's assets under management from $25 million to $850 million over two years.

Earlier in his career, he worked as a Manager at Deloitte, focusing on brand valuations, organizational transformations, and leading research teams in artificial intelligence and robotics.

Under Taylor's leadership, Farther has experienced rapid growth, combining cutting-edge technology with personalized service to deliver a family-office experience at scale.

Timestamps:

Topics in this conversation include:

* Inception Story of Farther (1:09)

* Business Model of Farther (5:32)

* Client Experience and Advisor Growth (9:11)

* Generational Wealth Transfer (12:40)

* Critical Factors for Advisor Growth (15:58)

* Personalization at Scale (19:12)

* Role of Artificial Intelligence in Wealth Management (22:36)

* Proactive Client Engagement (25:07)

* Generational Wealth Transfer and Advisor Adaptation (30:54)

* Next Generation Client Expectations (35:35)

* Future Predictions for Wealth Management (37:51)

* Closing Thoughts and Takeaways (40:01)

Disclosure

The information on this page constitutes market commentary and is provided by Allocate Management Company, LLC, any of its affiliates or any of its or their affiliates, directors, officers, employees or advisers (collectively referred to herein as “Allocate”) for informational purposes only.

Any opinions, assumptions, assessments, statements or the like (collectively, “Statements”) regarding market condition, future events or which are forward-looking, including Statements about investment processes, investment objectives, goals, risk management techniques, views of possible future outcomes in any investment asset class or market, or of possible future economic developments, constitute only market commentary based on the subjective views, beliefs, outlooks, forecasts, projections, estimations or intentions of Allocate, should not be relied on, are subject to change. Although Allocate believes that the expectations reflected in the Statements are reasonable, no representation is made or assurance given that such Statements are correct or that the objectives of an investment product or service will be achieved or that investors will receive a return of their capital or will not sustain losses. All investments involve risks and uncertainties, as disclosed in the applicable offering documents. Allocate undertakes no responsibility or obligation to revise or update any Statements. Statements expressed herein may not be shared by all personnel of Allocate. This page and the Statements are not intended as investment advice or recommendations by Allocate. It is Allocate’s policy that investment recommendations to its clients must be based on the investment objectives and risk tolerances of each individual client.

This page and Statements may contain or are based on third-party sources that, although believed to be reliable, have not been independently verified. Market and investment views of third parties presented herein do not necessarily reflect the views of Allocate. All such information is as of the date indicated, if indicated, may not be complete, is subject to change. All rights to the trademarks, copyrights, logos and other intellectual property listed herein belong to their respective owners and the use of such logos hereof does not imply an affiliation with, or endorsement by, the owners of such trademarks, copyrights, logos and other intellectual property.

Past performance is not indicative of future results.

This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit joinallocate.substack.com