Leading trends include greater use of compliance software, a re-balancing response to robo advisers and figuring out mobile.
Startup captures data to provide insights into customer habits.
Popular software program's improvements include the ability to compare up to four claiming strategies side-by-side.
New technologies are being developed to make advisers more competitive with personal financial management websites such as Personal Capital and Mint.com.
Merrill Lynch Clear uses iPad apps to encourage goals-based conversations between advisers and clients.
Tuesday's <i>Breakfast with Benjamin</i> menu includes: It's true: Don't fight the Fed. Also: Alibaba mania is here and so is Apple's big day; Wells Fargo faces possible Finra action and about that Home Depot data breach.
Software companies offer products to help advisers meet intense regulatory demands.
Tips on working with elderly clients who have not grown up with the Internet, e-mail and secure portals.
Though rated No. 1 by advisers, most don't maximize the potential of their sites with ongoing improvements.
Maintain strict security policies on company cloud files &ndash; and no naked selfies, please
Advisers on social-networking platform Hearsay can now use new a feature that allows them to distribute promo posts on Facebook. But they have to pay.
Advisers need to adapt as clients increasingly demand 24/7 access to their accounts from all devices.
It may not be long before advisers are sending clients a personalized video each quarter that reviews portfolio performance. The technology to customize videos without much effort is increasingly available.
<i>Breakfast with Benjamin:</i> What's it mean when bears capitulate? Plus: The housing market recovery and homebuilder ETFs; 529s not so popular and here's why; Apple's big news; and the long-term-care insurance question.
Digital retirement adviser NextCapital wins financing from Russell Investments
While still figuring out how to use mobility in their practices, advisers are indicating mobile CRMs are here to stay.
Here's a road map on how to compete with and beat online investment management services using technology.
Like anything you do for your business, don't do it just to keep pace. Make it a determined decision that will either save you time, money or both.
