Gaining the Technological Edge in Independence

One of many high considerations we hear from advisors contemplating independence is, “How can an impartial agency probably compete on a know-how stage with the wirehouses?”

To reply that query and discover the function of know-how in independence, Eric Poirier, the CEO of Addepar, joins the present.

As one of many trade’s main fintech companies with over one trillion dollars in property on the platform, Addepar has been a recreation changer for advisors who serve a complicated shopper base and wish to ship a personalized and scalable expertise.

On this episode, Eric and Mindy take a deep dive into:  

Why many advisors really feel that the wirehouses have the sting in the case of know-how—and the way most of the newest “best-in-breed” options are literally discovered exterior the large companies.
The function know-how performs in an advisor’s enterprise—and the way its significance has modified over the previous decade.
What “trendy know-how” is—and the way it can influence tecboth productiveness and profitability.
How the shopper expertise is influenced by know-how—and why belief is a key element of that have.
What questions a potential breakaway needs to be asking when contemplating a fintech answer—and why the selection of a know-how supplier needs to be handled as a long-term partnership, not a vendor relationship.
Methods to set reasonable expectations in the case of the funding in know-how—and the way ROI is realized in scale, productiveness and repair supply.
Why the suitable know-how could make a smaller agency look and appear “larger”—and the way that impacts the agency’s enterprise worth.
What’s on the horizon in the case of know-how—and the way having the suitable answer in place will help a agency put together for a quickly altering future.

Eric gives an in-depth have a look at how the enjoying discipline has been leveled in the case of know-how, giving tangible examples of how impartial agency house owners are realizing that the suitable platform enhances the power to ship a holistic and clear expertise based mostly on shoppers’ wants.

As Eric shares, “Know-how is a method to an finish,” designed to “make advisors higher, smarter, extra resourceful, and extra data-driven to allow them to ship the specified outcomes to their shoppers.” And that’s the final word purpose of any profitable enterprise.

Notice: Within the coming weeks, a second a part of this interview will air through which Eric takes an excellent deeper dive into the strategic function know-how performs in an impartial enterprise. Subscribe to be notified of the present’s launch.

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