Five fast facts about adviser technology spending
The number of respondents who said their top consideration for making investments in technology is because they expected it to benefit the client. Another 11% said they are seeking to increase profitability, 9% said it would benefit staff, 7% cited the expected cost and 6% want more time available to focus on business development activities. Another 1% cited business risk as their top consideration.
Source: InvestmentNews Adviser Technology Study