Transforming the Wealth Management Experience
Financial advisors and their clients are looking for a new experience.
In the U.S., 46 million households use financial advisors, and half of them are not satisfied*. In addition, 24 million households would like to work with financial advisors but can’t find someone they can trust*. That is a potential revenue of $180 billion.
As gloomy as it may seem, soon you will see that it is a blessing in disguise.
Wealth management is undergoing dramatic changes, making it more challenging to maintain the status quo.
- Robo-capabilities commoditize investment management, and Schwab’s new $30/month subscription for advice further erodes the traditional pricing model.
- Individual investors are getting more sophisticated. They demand more than “buy and hold”, and they want to know why.
- Volatility is back.
The clock is ticking. Can you afford to wait?
Ideally, modern tools would allow financial advisors to protect their clients in down markets, fully participate in up markets, and rein in unproductive panics during zig-zags. It involves in-depth conversations that only humans are capable of, giving human advisors a real advantage over robo- platforms.
Your modern tool box has arrived. Introducing Andes Client Experience Technology, the Google Maps for financial advisors.
Andes Client Experience Technology
Andes Client Experience Technology helps you make better-informed advice and communicate it in a way that your clients can understand. The platform has two cornerstones: AccuRisk™ and AccuProfile™.
Make every conversation count with Andes Client Experience Technology. Use it to acquire, onboard and service your clients.
Are You Ready to Take the Lead?
Our modern approach brings confidence, trust, and efficiency, so you can stand out among robo- and human peers, attract new clients and younger, growth-oriented advisors.
It is time to shake off the complacency built up during the unprecedented bull market. The perfect storm brewing in wealth management demands radically better services from financial advisors to stay relevant.
The Andes is the longest continental mountain range on earth, symbolizing our commitment to the long-term success of financial advisors and their clients.
Are you ready to take lead to transform wealth management with us? Click here to book a demo.
* Based on data from multiple sources: http://www.chartingyourfinancialfuture.com/financial-planning/40-of-americans-now-working-with-a-financial-advisor-citing-need-for-better-financial-guidance/, https://www.thinkadvisor.com/2016/06/21/most-americans-get-no-financial-advice-survey/ , https://www.investors.com/financial-advisors/how-financial-advisors-should-deal-with-the-32-of-americans-who-mistrust-them/, http://news.gallup.com/poll/211052/stock-ownership-down-among-older-higher-income.aspx.
Disclaimer: Andes Wealth Technologies Inc. provides tools and information solely for the convenience of the readers and subscribers. Nothing provided by Andes Wealth constitutes investment advice or client/advisor relationship. Readers and subscribers are responsible for their own investment decisions. Whenever possible, Andes encourages readers and subscribers to consult with their financial advisors.