One of the last questions on my tech survey, wanted to share the responses and see what solutions we can all come up with:
- Integration and fully utilizing our current tech stack.
- It's always about the integration between tools
- Integration to avoid manual data entry and/or rekeying of data
- Knowing that useful tech exists in an area where we could benefit, and having the time to assess such tech
- Staying on top of all of the changes.
- Integration and fully utilizing our current tech stack.
- My crappy custodian, Fidelity Wealthscape is incapable of linking my accounts to Wealthbox, Right Capital, etc. They are the worst.
- following up with prospects
- Making sure it all works together.
- Integrations that are approved by compliance
- Too many and getting advisors to use them correctly.
- Lack of integration and data silos.
- the whole thing... keeping on top of everything while staying focused on manageable priorities
Integration is clearly the #1 challenge
Fully utilizing
Simple awareness of the tech options available
Keeping up with changes
Advisors, AdvisorTech founders, Operators... what do you suggest?