How can technology, coupled with hands-on help, make the very best combination to support a financial advisor.
Let’s face it. We live and work in a world of technology. From the massive capabilities of that Smartphone in your pocket, to the integrated systems that coordinate everything from our healthcare to our grocery shopping, there is a touch of tech nearly everywhere you look. The world of financial advising is no different.
Of course, our industry is full of helpful technologies. It is figuring out WHICH are helpful, and which are less so, along the way that can be the true challenge. Let’s take a look at the many ways that technology can assist an advisor.
Today’s technologies can be a great help in the world of financial advising, but they can also be a hindrance if you don’t have the right guidance by your side.
Tech for Transparency
One of the biggest benefits we find from technology in the field of financial advising is transparency within our industry. Our clients can see nearly every move for themselves, which may keep us on our toes, but also means we can build that trust our clients deserve, too.
Because many clients have access to the same tools we do, they can stay abreast of financial changes as readily as you do. Thankfully, you are trained with abilities to interpret those facts and figures, consider the best moves for your clients, and create properly allocated portfolios.
Accessibility for More
Technology also provides accessibility to far more investors. These are the features that not only keep us informed (apps, educational opportunities, and trends) but keep us in touch (text, messages, and emails), too. With more homes having access to the internet, more potential clients can have a connection to find you!
This, of course, also puts a responsibility on you as an advisor, too. Managing your online presence, from social media channels, to reviews of your work performance, you want to be sure the information your future clients see is positive and accurate!
With a relationship manager, CoreCap couples new advisors with the hands-on assistance they may need to help them through today’s high tech industry.
Stay Informed
It goes without saying that the wonderful world wide web is also a stellar source of educational materials. Finance is not an industry you simply learn and move on, putting into practice a precise method. Sure, some techniques can provide a solid start for each client, but between the variety of clients you will work with and the ever-changing landscape, you really must stay informed.
Quality information comes with its own challenge. How do you know which tools to trust? Which outlets to believe? Where to place your “faith?” The vast access to information comes with so much good, but equally (or sometimes sadly more) access to poor quality or “fake” news. Unfortunately, access goes both ways, and the Net allows anyone with a phone or a laptop to put “news” out into the world, fact or fiction, and not all users are trustworthy and reliable.
High Tech AND High Touch
The world of tech can clearly help advisors in their role. But, the plethora of options can also, at times, be a hindrance, too. The best way to keep it straight is to couple smart tools of the trade coupled with experienced, hands-on assistance.
With CoreCap, advisors are matched with a “relationship manager,” a senior staffer that can assist them through a needs assessment, assistance with available tools, and creating strategies for growth. Finance is an ever-changing industry, with numbers fluctuating by the second. Keeping in touch with the best technologies must be coupled with “high touch” or the assistance and knowledge to know best how and when to use it.
For more information on CoreCap and what it can do for you, call (888) 296-3360.
