CPA Trendlines Podcasts Fineberg, Hecker: How CPAs Are Filling the 100,000-Wealth Advisor Gap | Holistic Guide to Wealth Management
Jun 23, 2025
Philipp Hecker, CEO of Bento Engine, and Seth Fineberg, founder of Accountants Forward, dive into the evolving world of financial advisory. They discuss how accountants can adapt to meet changing expectations by embracing holistic wealth management. The duo emphasizes the importance of empathy and trust in client relationships, while innovative software is highlighted for its role in streamlining advisor processes. They also address the urgent need for new advisors amid a wealth transfer and the importance of fostering financial literacy in younger generations.
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Accounting Profession at Inflection Point
- The accounting profession is at an inflection point with old methods fading and new holistic approaches emerging.
- Wealth management is becoming a vital part of client advisory services, driven by evolving client needs and technology.
Evolution of Wealth Management
- Wealth management evolved from stockbrokers providing market access to holistic advice across generations.
- The industry now focuses on comprehensive family wealth needs beyond just investments.
Go Beyond Compliance Work
- Accountants should deepen client relationships by going beyond compliance and discussing life goals.
- Use financial data to proactively engage clients with meaningful advisory conversations.