Recently we have been out and about doing one of my favourite things; exhibiting at events. The reason it’s one of my favourite things is I always find these events so inspiring and motivating.
I spent my third year of University working for Intelliflo in their finance, marketing and customer support teams. My placement year was designed so that it had a rotation element, giving me a chance to experience multiple areas of the business and the opportunity to develop a more rounded skill base, which wouldn’t have been possible by remaining in one area.
Having the right business management system in place to support your business is imperative. With everything moving online, advisers have the opportunity to run their business and advise their clients through cloud technology. The cost and time savings enable them to spend more time on their clients, reducing the burden of administration.
It’s been a few weeks since our ‘Change the game’ Conferences and after speaking to and receiving feedback from clients, there seems to be a hunger for technology and how it can help financial advisory firms now and in the future. It seems the recurring buzzwords of robo-advice (or robo advisors) and eAdvisors are here to stay and with that in mind I thought it would be an opportune moment to recap on how we see technology supporting advisory firms now and in the future.
I read an article recently on the BBC website about banks closing over 600 branches over the past year due to more consumers favouring online banking. In the article a spokesperson for HSBC quoted
The way we bank is changing very quickly, and with an increase in the use of online and telephone banking over the past few years, use of branches has fallen significantly.
Meetings are hugely important in any business operation. For a start, they allow teams to collaborate internally, helping them share valuable information, inspire each other and ultimately make big decisions. Much of the same is true outside of the enterprise confines, where customers will naturally look for as much information as possible to help make their own purchasing choices.