Only one-quarter of advisers satisfied with current tech stack

Advisers urge providers to facilitate better back-office integrations

Isabel Baxter
clock • 2 min read

Only one-quarter of financial advisers are satisfied with their current tech stack, NextWealth has found.

Its Adviser Reviews Report revealed that is the lowest level since 2020 and "underlines the desire for change". It also found that one-third of financial advice professionals work in firms with plans to add a new technology partner, compared to only 8% last year. The firm said this is a higher level than it has seen since it started asking this question in 2020. Two key themes for future tech adoption were servicing clients with smaller portfolio values and business efficiency and profitability. Financial advice professionals from a wide range of firm size expressed a desire to fin...

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Isabel Baxter
Author spotlight

Isabel Baxter

Senior Reporter at Professional Adviser

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