Tackling More Regulation and Less Client Loyalty — How to Compete in Wealth Management
Thursday, October 20th, 2016
2:00 PM ET / 11:00 AM PT
Join this complimentary webcast, presented by ThinkAdvisor, where industry veterans will present a case study to help you understand the critical role document management can play in your firm as well as their practical operational advice for running a viable business.
In a volatile climate of constant change, wealth management firms have to be highly adaptive to ensure a viable business. CEB research shows that 77% of wealth firms rank their strategic responses to regulation as high priority for 2017, but they also have to address the competitive climate of client disloyalty – nearly 70% of high net worth clients consult two or more wealth management firms.
Enterprise content management (ECM) technology can play a key role in equipping advisory firms to:
- Meet the Department of Labor fiduciary requirements
- Boost advisor productivity to free up time with clients, and
- Automate a high quality client onboarding experience ensure great first impressions and reduce administrative costs.