4)
What financial technology tools/services do you currently use in your practice?
Chalice Advisor Exchange is the Amazon Prime for wealth advisors – we offer a broad set of technology programs that focus on CRM, financial planning, trading, rebalancing, performance reporting, fee billing, access to alternative investment platforms, managed accounts, succession planning, financial management, and digital marketing platforms. Additionally, we offer a full portfolio of human resources, payroll and benefits solutions. We work to provide advisors with a full suite of techology platforms so they can manage all of their business operations through a single sign-in platform.
5)
Do you feel the fintech tools/services you use give you any sort of competitive advantage over other advisors and/or do they help you retain clients or win new business more easily? If so, how?
Chalice Advisor Exchange helps advisor members grow their businesses through the aforementioned scalable technology solutions in addition to turnkey digital marketing and social engagement. We help provide advisors with the tools they need to run their business efficiently and all in one place reducing their time spent naviagting between technology platforms.
6)
How have your clients reacted to the fintech that your firm uses?
A true fintech platform enables not just the client’s experience with technology, but also the advisor’s use of technology to grow and scale their business. Both clients and advisors have reacted very favorably to the marriage of these two constituent’s technology needs; one without the other often creates a disjointed experience in one or the other’s experience.
7)
Have your clients requested that you add any other financial technology offerings that you are not presently providing? Do you anticipate adding any new fintech offerings in the next year?
The world of technology for a wealth advisor is never static. The Chalice Financial Network will continually adapt and build/add beneficial technology offered to all member advisors. One key area of focus for 2019 is significantly enhancing the advisor/client meeting experience through the use of new technology.
8)
Finally, how do you think fintech will impact advisors in general, and your practice specifically, in the future?
Fintech will continue to radically and positively change the way advisors run and grow their businesses as well as interact with clients. It’s imperative that advisors don’t chase every shiny object, but think about the goals for their practice, what their clients need to be successful, and perhaps most importantly how they will capture real return on investment for their technology spend.
Chalice Financial Network is focused on not only providing technology, but helping advisors make the best technology choices for their business.
Christopher brings experience and talents that range from technology strategy and development to operations to relationship management to Chalice Wealth Partners. Christopher has spent over 20 years at LPL Financial and Ameriprise in various technology and management roles. At LPL, he created a product management organization focused on conceptualization, construction, and commercialization of key advisor-facing technology capability domains with a particular focus on integrated business processes