Financial planners face a raft of operational inefficiencies, writes Scott Daniels. Here he discusses the current pain points and explores how technology can ease the burden
I recently sat down with the guys at Next Gen for their brilliant morning commute show (if you haven't checked it out, I highly recommend you do!). The topic for discussion was operational inefficiencies facing financial planners. This got me thinking, and boy, do we have a lot. Without getting overwhelmed, I tried to focus on two main areas where we as a business see significant inefficiencies. Firstly, and no surprise, is data. Data drives everything in a business and, frankly, data is all over the place. The issue is not so much that it is everywhere; it's that it's inconsiste...
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