Does unveiling suggest a fast-approaching commoditization?
But are client meetings really broken?
Offering shows that access, not just service, matters for UHNW clients.
It could also train other advisors to do better
If AI can create the melody, a human still needs to give it a structure and arrangement.
But will it eventually compete head-on with Holistiplan in forward-looking planning?
Provider now has an important leg up with its ability to plug into a wide range of custodial platforms and advisor technology.
Helping the growth of mega-RIAs overshadows technology as a custodial differentiator
But is the market for outbound prospecting as big as its investors' growth goals?
Move illustrates how hard it is to offer low-cost advice to mass-affluent clients
Nevis's sales pitch makes sense but can the technology really deliver the productivity gains it promises
Deal gives users within ChatGPT access to proprietary data and research not available on the open web
It’s clear the market is not enough to sustain the 15-plus providers jostling to compete with each other
If AI tools become the solution for advisors' data integration woes, where should these tools themselves live?
Michael Kitces and Ben Henry-Moreland ask whether these long-term problems require a non-AI fix?
Who’s winning? The multifunctional ‘all-in-one’ tools or the ‘best in class’ standalone solutions?
Standalone AI notetakers are feeling the effects amid the presence of cheaper alternatives.
Michael Kitces and Ben Henry-Moreland analyze whether new AI financial advisor offering can overcome the perennial client acquisition cost problem.
Michael Kitces and Ben Henry-Moreland write that Schwab's intention appears to be to give retail clients the ability to create their own self-directed estate documents, powered by Wealth.com's technology.
Michael Kitces and Ben Henry-Moreland write that Altruist's growth has been driven heavily by its ability to attract newer RIA firms, a space where it has been highly competitive and benefitted by the fact that many of its competitors have asset minimums for firms to join.
