"Digital Transformation" has become the business buzz phrase of the decade. Entire industries have been forever transformed by the introduction of elegant interfaces and seamless connectivity that vastly improve the customer experience. The wealth management industry is no exception. However, many established firms are operating on an older technology foundation, with ingrained, manual processes that have been in place for years. Digital transformation isn't just a buzz phrase for these firms, but an urgent imperative.
Our whitepaper, Digital Transformation and What it Means for RIAs, provides a roadmap for digital transformation by identifying five key areas firms should reflect on within their own business. If done correctly, RIAs will be able to stay relevant and competitive, and sustain their leadership role in the financial services industry.
