Vulnerabilities include access-management systems and people processes, according to report on exam findings.
Market forces like fee compression and new regulations are driving the shift, but resistance to tech remains strong.
Business improves when advisers upgrade technology for client acquisitions, account servicing and asset growth.
Faster, safer and cheaper financial transactions will reduce the need for middle men.
Wirehouse also plans to give the digital-advice platform, Access Investing, to its team of human financial advisers as a tool to connect with younger investors.
Patch systems promptly, train employees regularly and prepare for the worst.
Technology is making it easier, and cheaper, for advisers to trade many shares without holding funds.
16,000 advisers will be able to leverage tech platform to coordinate holdings for each household
Advisers on RightCapital's financial and tax planning software can pull client data directly from Envestnet's tool.
Lincoln Financial Network has moved all of its clearing business to Fidelity, and will partner with the firm on fintech developments.
Millions could not access online trading accounts Wednesday morning, but institutional clients remained unscathed.
<i>InvestmentNews</i> research delves into software, tools, robo-advice and big data to discover priorities of independent broker-dealers this year and in 2018.
Technology and regulatory pressures are pushing advisers toward model marketplaces.
Messaging can take many forms, but it's not sales and you must know your audience.
5 advisers offer suggestions on the latest soaring asset to confound investors.
Choosing common technology vendors or bigger brands does not remove the RIA's responsibility to clients.
Advisers and investors will get better look at costs in 30,000 products
Many women are making an impact in a variety of roles, ranging from marketing to technology.
The custodian's annual conference is becoming a prime showcase for new adviser-focused software.
Robo-software provider lets investors donate directly from their accounts, and will not charge charities with less than $1 million on the platform.
