Younger financial adviser driving tech change - NextWealth

36% plan to add new tech

Sophie King
clock • 2 min read

Financial advisers below the age of 45 are driving tech adoption for the profession, according to research by NextWealth.

In the firm's Tech Stack Report, NextWealth found that the younger portion of the 203 advisers surveyed spend more money on technology and are more likely to have added a new piece of tech to their firms in the past year. The research revealed that around a third (36%) of advisers under 45 plan to add a new piece of technology, more than double the average of 15% for the rest of advice firms without younger advisers.  In the year ending March 2021, a little less than a third (28%) of respondents aged below 45 said they had not added any new technology, compared to two thirds (65%) of ...

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