After hiring issues, the second most commonly named business challenge was keeping up with and implementing the new technologies, capabilities and solutions to meet client needs, which was named by 37 percent of the respondents.
The Elite Advisor Poll was conducted live via mobile phones during Pershing’s Elite Advisor Summit from March 11 to 13 in Fort Lauderdale, Fla., with an average of 42 executives responding to each question. Firms at the summit had an average AUM of $9 billion.