Use data aggregation and visualization capabilities to produce interactive and visual reports, providing a complete view of clients’ assets and liabilities. Provide clients with digital newsletters, account statements and reports.
“One of the biggest mistakes I see advisors make is the rush to implement technology just because their peers are doing so,” says Haskins. “The key is identifying day-to-day tasks, their business purposes, and then determining what can be digitized for the most benefit to an advisors’ business.”