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The Wealth Advisor

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The Wealth Advisor is today’s most relied-on source of news and education for planners and advisors. We scan the news so you don’t have to, sending you what you don’t want to miss…but don’t always have time to find yourself without poring through dozens of publications. The Wealth Advisor sends you a handy once-a-week list of the most important news, hand-picked by our staff for its importance to investment advisors and their practices.

SEI: How The Right Tech Can Help Banks Attract Advisors

(SEI) As the wealth management industry faces a wave of advisor retirements, a modern tech stack can help banks strengthen retention and recruitment.

Private banks are staring down a two-pronged threat: an impending wave of advisor retirements and an exodus to independent channels. Banks must offset advisor retirements by both attracting new talent and competing with the allure of independent advisory models.

Technology can be one of the greatest weaknesses for many banks, hindering both recruiting and retention efforts.