Cambridge Investment Research, Inc. Chief Technology Officer Sean Van Moorleghem discusses the transformative impact technology will continue to have on the financial services industry and says tech’s true power does not lie in the next innovation, but in how firms construct, integrate, and build out their entire tech stack to encourage adoption. With many focusing on the next breakthrough in AI capabilities, those losing sight of the foundational elements of their digital ecosystem will not be equipped to capitalize on those breakthroughs.
Cambridge Investment Research, Inc.
Recent data indicates only about 20% of the wealth management industry’s producing advisors are women.
As the financial lives of HNW and UHNW clients have grown more complex, more interconnected, and more multigenerational, the old-school, fragmented advisory model simply can’t keep up.
If there was ever a case for embarking on a project with a clearly defined end in mind, it is building out your firm’s artificial intelligence (AI) capabilities within the framework of your current tech stack.
Shifting demographics among both financial professionals and investors, and advancements in technology and product platforms are transforming the wealth management landscape.
Baby Boomers, Gen X, Millennials, and now … Gen Z. All four of these generations are defined by their unique preferences and expectations.
In a world where everyone lives on their digital devices, offering virtual services has become not only the norm but an expectation, even in traditionally high-touch industries like financial services.
Artificial intelligence (AI) has undoubtedly been one of the hottest topics of 2023, and will likely continue to dominate headlines in the years ahead.
This massive financial shakeup will certainly impact the wealth management industry; how can today’s financial professionals position their firms to come out ahead as trillions of dollars change hands?
