TITLE

HNW Pinch: Tech Shortfalls Taxing Advisors

AUTHOR(S)
Fest, Glen
PUB. DATE
August 2006
SOURCE
Bank Technology News;Aug2006, Vol. 19 Issue 8, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article discusses the need for wealth-advisor practices to upgrade their lagging wealth-practice technology amidst the new wave of inherited wealth in the U.S. in 2006. New technology is necessary to bridge the gap between the processes and technology of actual providers and the increasingly sophisticated demands of clients. Investments into information technology by wealth management firms are expected to increase as a result of the trend.
ACCESSION #
22005826

 

Related Articles

  • Wealth Transfer. Bowen Jr., John J. // Financial Planning;Oct2008, Vol. 38 Issue 10, p41 

    The article discusses opportunities for advisors in the inheritors market. The inheritors market is described emphasizing careful positioning and thinking to win their business. The profile of inheritors is presented along with circumstances relating to financial advisors. Strategies to attract...

  • Rich tapestry. Harris, Joanne // Lawyer;6/3/2013, Vol. 27 Issue 23, p28 

    The article focuses on the global estate planning industry and why Great Britain is seen as a center for advisement within the industry. Topics include private wealth management services, the increase in services demanded by emerging economies, and inheritance planning for high-net-worth...

  • Leaving It To Your Children Or Charity? Finkelstein, Ken // Canadian MoneySaver;Oct2015, p20 

    The article presents the author's perspectives on the need to consider directly talking with the family about the intentions, to explain the values and why opting to give to beneficiaries or not, with most advisors agree that large sums provided to people under thirty for younger heirs.

  • The 12 months of e-commerce. McKenna, Ian // Money Marketing;12/11/2003, p32 

    Highlights technology developments in the financial services industry in Great Britain in 2003. Introduction of Mortgage Trading Exchange platform, a tool that allows the electronic submission of applications to lenders; Increase in the number of advisers to re-register assets from individual...

  • 'Leave IT to the experts' McMillan, Paul // Money Marketing;5/12/2005, p11 

    Reports on the views of Positive Solutions marketing manager Daniel Harrison for independent financial advisers in Great Britain to focus on giving investment advice and leave technology issues to specialist firms. Information technology services for advisers; Importance of upgrades of...

  • Attracting business vs. pursuing it. Brueckner, Thomas K. // Senior Market Advisor;Jun2013, Vol. 14 Issue 6, p22 

    The article discusses the impact of information technology on financial services and how investment advisors can attract more business. It states that the Internet and related technologies have led to a more educated consumer, especially in the financial services industry in which it is trying...

  • WEALTH MANAGEMENT MEDIA SCAN.  // American Banker;11/6/2007, Vol. 172 Issue 214, p6 

    The article discusses news reports from wealth management media. "Kiplinger's Personal Finance" picked 15 stocks with low risk in a volatile stock market. "Fortune" magazine interviewed Marty Whitman, who discussed how to pick stocks in the financial sector. "The New York Times" reported that...

  • Legacy looms large in the RDR confusion.  // Money Marketing;6/2/2011, p8 

    The article reports on the issues concerning the legacy business in the retail distribution review (RDR) in Great Britain.

  • Clients Who Are Born Retired. Grote, Jim // Financial Planning;Oct2006, Vol. 36 Issue 10, p97 

    The article offers information on trusts and presents the insights of a financial advisor with regard to working with clients who have inherited wealth. The financial advisor works to earn the confidence of her wealth inheritors who are raised to distrust financial advisors as well as manages...

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics