This article is about the use and knowledge of techniques and processes for producing goods and services. This month’s edition kicks off with the big release of Riskalyze’s new Autopilot platform, which has morphed from just” a robo-onboarding tool for a TAMP, into a full trading and rebalancing solution that operates as a Model Marketplace” allowing advisors access to third-party managers and their models for a cost of 10 – 15bps.
The ongoing commoditization of investment products is driving a fundamental shift in today’s financial advisor platforms, as broker-dealers and custodians transition from being primarily about financial services products, to instead trying to operate as the technology hubs around which financial advisors build their businesses.
Welcome to the July issue of the Latest News in Financial Advisor #FinTech – where we look at the big news, announcements, and underlying trends and developments that are emerging in the world of technology solutions for financial advisors and wealth management!
Nikolas Kompridis has also written about the dangers of new technology, such as genetic engineering , nanotechnology , synthetic biology , and robotics He warns that these technologies introduce unprecedented new challenges to human beings, including the possibility of the permanent alteration of our biological nature.
Following on the heels of popular Social Security software for advisors, a number of providers are now building Medicare planning software solutions for advisors who want to further differentiate their expertise with retirees and justify their value proposition beyond the portfolio alone.