Rich Cancro, Founder & CEO of AdvisorEngine, joined Keith Black, Managing Director of RIA Channel, to discuss how advisors can benefit from streamlined technology solutions.
AdvisorEngine helps advisors grow their business and run their teams more efficiently. The firm’s technology platform combines business intelligence (BI), portfolio management, digital onboarding, a client portal, and a customer relationship management (CRM) system. Integrating the system with custodians on digital account openings, money movement, and asset transfers can solve the critical pain points that advisors experience in their business. Similarly, advisors who can automate and seamlessly connect fee billing and performance reporting can enhance the client experience.
AdvisorEngine continues to invest in its BI dashboard offering, which can assist advisors by creating actionable insights to assist clients. The client portal can help advisors navigate the $60 to $90 trillion wealth transition to the second and third generations that has already begun. Younger generations express a clear preference to have a tech solution included in their advisory relationship.
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