Robert Powell, Vice President, Distribution Sales, iPipeline, joined Julie Cooling, Founder and CEO of RIA Channel, to discuss how advisors can streamline and scale their practices through technology.
iPipeline provides processing of all business channels for wealth and insurance. The firm works with wealth managers to process digital forms, paperwork, and e-signatures. iPipeline also offers customized order entry and suitability analysis.
As advisors grow in AUM and clients, their practice becomes more complex. With advisors facing more regulation and adding lines of business, it is difficult to scale a practice above $1 billion in AUM without adding technology to streamline paperwork and processing. As alternative investments, such as private equity, are added, processing becomes even more complex.
Resources: