Technology is merely a tool to help to run an advisory business, and should support the processes advisers already have in place, according to SimplyBiz investment service managing director Dan Russell.
Speaking at the second series of Working Lunches hosted by Professional Adviser on Thursday (20 August), in partnership with SimplyBiz Group, Russell said technology must work in conjunction with the processes advisers have in place for their business. "Often you find it the other way round whereby businesses are trying to change their processes to fit with the technology," he said. Russell explained that without suitable and robust processes in place first, technology will not necessarily matter, likening his advice to using expensive golf clubs without having the relevant skills: "T...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes