About the author:
Kelton Corcoran is a senior content marketing specialist at Advicent, the financial planning technology provider of choice for nearly 100,000 financial professionals.
The goal of our blog is to deliver content that helps advisors, wealth managers, and other financial professionals gain meaningful insights on the industry and tips on how to grow their practices. Let’s take a look back at some the highlights of our blog over the past 12 months.
2018 was a big year for NaviPlan® and featured four different releases that brought numerous new features and enhancements to our users. With the new year just around the corner, let’s take a look back at some of the highlights of our releases over the past 12 months.
Advicent is thrilled to share that chief executive officer Angela Pecoraro has been named to Investment Advisor’s 15 Top Women in WealthTech for 2020 list.
Advicent would like to congratulate our partner Janney Montgomery Scott for recently winning the 2018 WealthManagement.com Industry Award for Technology based on its utilization of NaviPlan® financial planning software.
On the latest episode of the Her Success Matters podcast, Advicent CEO Angela Pecoraro joins InvestmentNews CEO Christine Shaw to discuss her career growth in the FinTech industry and more.
We are excited to share that the debut episode of Iris.xyz’s new video series The Authority is now available, featuring Advicent COO Anthony Stich as the premiere speaker.
Anthony Stich recently joined Alex Cavalieri and Alison Tyler on The Advisor Lab podcast to discuss some of the biggest hurdles facing advisors in the third wave of financial planning and beyond.
Advicent COO Anthony Stich recently joined industry expert Jamie Hopkins on his Framework podcast to discuss all things FinTech and financial planning.
On the latest episode of the Power Your Advice podcast, Anthony Stich joins Doug Heikkinen to discuss the impact of COVID-19 on the financial services industry, how client expectations are changing in the Third Wave of financial planning, and how Advicent fits into the picture.
On the latest episode of the TacoTech podcast, Anthony Stich joins FinTech industry experts Torie Happe and Johnny Sandquist to discuss building the NaviPlan brand and what to watch in the wealth management space.
With the new year underway, many advisors are honing in on their goals for the next 12 months. This is an excellent time to perform an audit of your firm’s current marketing strategy to determine if some adjustments can be made to help achieve these new objectives. Here are a few areas to focus on.
As ultra-high-net-worth clients get closer to their sunset years, concerns over minimizing potential estate taxes become a very real question. NaviPlan® financial planning software can help answer those concerns with its various estate strategy and modeling options.
With the holidays upon us and the end of the year just around the corner, advisors should be looking to take advantage of this season to engage with their clients on a variety of planning topics.
With FinTech innovations such as robo advice and cryptocurrency constantly appearing in headlines, it makes sense to think that the days of the human advisor are numbered right? Not necessarily.
With competition heating up in the financial services industry and a generational wealth transfer on the horizon, ensuring an advisor’s value is clearly demonstrated will be key for firms.
Download our eBook to learn more about the benefits of blogging and how to get your blog off the ground.
Download our free eBook and start fostering stronger client relationships through events today.
Download our free eBook to learn how to engage followers, share value, and build brand recognition on Twitter.
Download our free eBook to start engaging more leads with these simple digital marketing tips.
Social media has become an essential tool for advisors to connect with others and enhance their brand. This guide will give you a set of best practices to build strong brand recognition, make strategic connections, and prospect for future clients on various social media platforms.
What do you want to achieve professionally in 2021? Creating a business plan can help advisors and firms identify actionable goals to drive growth in the business.
Investors today are seeking a whole new level of connection with their finances and advisors, and the demand for financial advice has reached a new peak. To take advantage, firms need to be sure their digital marketing strategies are in order and ready to enable growth.
With client expectations evolving and the client experience undergoing alterations, advisors must learn how to connect with their clients and continue delivering engaging advice.
Recent insights on the trends and challenges that U.S. investors are facing with healthcare expenses paint a surprising picture and present an opportunity for advisors.
Whether you are an advisor eagerly awaiting the return of industry conferences or looking to attend an event further down the road, here are three tips to ensure you maximize the value from an in-person industry event.
How can firms continue to leverage the power of technology in the financial planning process, but eliminate crippling inefficiencies? For firms anywhere from the enterprise to the independent level, utilizing APIs is the answer.
In the financial planning process, APIs provide an exceptional opportunity for organizations, advisors, and their clients.
Regardless of how well an institution responded in 2020, the start of a new year offers another opportunity to tee-up your ball and be in the best position for success on the road ahead.
With a majority of U.S. individuals having received their payment from the CARES Act, here is how NaviPlan supports additional changes of the stimulus package.
The SECURE Act brings important changes to the way Americans save for retirement and is said to be the biggest piece of retirement legislation in the past decade. Let’s take a look at some of the key elements that are included.
The wealth management industry's leading benchmark report shows a crucial set of consumer demands and the path for which firms can meet the evolving needs of the market.
At the recent In|Vest 2019 conference, Advicent chief technology officer, John Heinen, and vice president of financial planning, Tom Burmeister, presented two new NaviPlan capabilities: a guided retirement experience and financial planning APIs.
It has been 391 days since the Securities and Exchange Commission introduced a new set of standards for broker-dealers, registered investment advisors (RIAs), and dual registrants. On June 30, the Reg BI rule went into effect, ensuring brokers are acting in the best interests of their clients.
New challengers have emerged in the fight against Reg BI and new resources have been made available to help broker-dealers prepare their practices for the new rule.
Advisors need to remember that the ultimate goal of technology should be to improve the connection their clients have with their finances and the strength of the client-advisor relationship.
The news of Social Security facing depleted funds by 2035 serves as an excellent reminder to both advisors and clients that accuracy in retirement planning is key.
Football and finance. What could these two possibly have in common? Turns out, it helps shed light on a few important lessons for HNW advisors.
While the holiday season can get busy when serving last-minute client needs, do not forget about the importance of client outreach during this time of the year.
Introducing The Planning Desk podcast and hosts Anthony Stich and Tom Burmeister. How should advisors manage clients during the meme stock frenzy? What FinTech conferences should advisors have their eyes on in 2021?
Now one year into the pandemic, how can advisors retain strong client relationships in the remote world? Why do advisors need to pay attention to the rising popularity of alternative investments?
Now one year into the pandemic, how can advisors retain strong client relationships in the remote world? Why do advisors need to pay attention to the rising popularity of alternative investments?
Corey Westphal of Mobile Assistant joins The Planning Desk to discuss the practice management challenges facing advisors across efficiency, FinTech adoption, compliance, and more; how MobileAssistant is transforming client-advisor meetings; and demo the MobileAssistant solution in a new segment “You Got 5”.
With a tax proposal from the new administration revealed, what should advisors be doing to educate themselves and their clients amid legislative and regulatory shifts common in the industry? How can FinTech help during times of change?
It has now been nearly two months since the Securities and Exchange Commission officially passed a new regulatory standard applying to broker-dealers: the Regulation Best Interest rule. Since then, debate has ensued leading several states to mount a challenge against Reg BI.
Tony Stich joins Mike Langford on the latest episode of the Modern Financial Advisor podcast to discuss the evolution and future of financial planning.
While many may view 2020 as a year to forget, events of this year have spurred growth and innovation in the FinTech industry, accelerated the adoption of remote client engagement, and emphasized the value of both financial professionals and comprehensive plans.
As an advisor, understanding how clients think about money is essential to not only provide good advice but also to attract new clients. This is especially true for high-net-worth (HNW) clients, who tend to look at certain factors when making investments or other financial decisions.
At the recent 2018 T3 Enterprise Conference, director of financial planning Tom Burmeister caught up with InvestmentNews to discuss the evolution of financial advice delivery and how technologies such as APIs are helping firms differentiate from the competition.
FinTech TV, the leading video platform for financial services professionals, recently featured Advicent on their Disruptors video series, which sheds light on innovative FinTech companies.
Firms of all size across the globe often struggle with inefficient processes, which can cause many other problems throughout the organization. Among the most common are wasted time, reduced revenue, and squandered profits.
FinTech TV, the leading video platform for financial services professionals, recently highlighted Advicent in a segment covering FinTech adoption in enterprise companies.
At the recent T3 Advisor conference, Advicent CEO Angela Pecoraro sat down with Matt Ackermann of InvestmentNews for a conversation on the Third Wave of financial planning we have entered in 2019 and how advisors can embrace the new era.
Advicent COO Anthony Stich explains how firm strategies, advisor workflows, and client expectations have evolved over the past ten years and how the next wave of financial planning practices will ultimately return greater financial planning autonomy to advisors.
Advicent senior product director Paul Raisanen discusses how advisors can navigate the use of data sources which will play an increasingly integral role in the success of financial plans moving forward.
At the recent Money 20/20 USA Conference, Advicent COO Tony Stich sat down with MEDICI Studio to discuss how evolving FinTech trends such as client portals and APIs are driving a new wave of financial planning.
At the recent 2018 T3 Enterprise Conference, Advicent COO Tony Stich caught up with InvestmentNews to discuss how consumers’ expectations of digital experiences are changing and why advisors embrace technology to remain competitive.
Born out of the ashes of the 2008 financial crisis, technology has helped the financial services industry tremendously, especially around client expectations. At the recent Wealth/Stack 2019 conference, Advicent COO, Tony Stich, discusses how this phenomenon has driven the industry forward digitally.
At the Asset TV studios in New York, Advicent COO Tony Stich reflects with Remy Blaire on the past decade of FinTech disruptions, what will be in store for the next decade, and how advisory practices can remain competitive moving forward.
Sitting down with Matt Ackermann of InvestmentNews at the recent Schwab IMPACT conference, Advicent COO Tony Stich discusses how firms can remain competitive in the next decade of FinTech disruption.
The past decade of FinTech disruptions has transformed the way advisors provide advice and how firms approach technology.
Advicent's vice president of financial planning, Tom Burmeister, discusses how APIs are revolutionizing client experiences in the financial services industry.
At the 2019 MarketCounsel Summit, Advicent COO Anthony Stich caught up with InvestmentNews to discuss what financial advisors can do to stand out as the industry continues to become commoditized.
In this video, learn how to create a complete Retirement Objective Coverage report in just five minutes using NaviPlan starting in the Guided Retirement tool and promoting up to a level two plan.
Catching up with InvestmentNews at the 2020 T3 Advisor conference, Advicent COO Anthony Stich makes the case for advisors to be more comfortable charging for financial planning services.
At the recent T3 Advisor conference, Advicent COO Anthony Stich chats with FinTech TV’s Jenna Dagenhart on how leveraging technology to provide better plans is the magic bullet for advisors moving forward.
Tom Burmeister recently moderated a financial planning-focused press roundtable hosted by JConnelly. Topics discussed include client expectations shifting during the pandemic, the FinTech strategies firms can embrace to meet evolving investor needs, and more.
When it comes to the financial services industry, data is the new oil. Advicent COO, Tony Stich, discusses how the next decade of disruption will focus on effectively using data to drive great client experiences.
On June 5, 2019, the Securities and Exchange Commission officially voted in the Regulation Best Interest rule to bring a new set of standards to broker-dealers. While the official document comes in at a hefty 771 pages, here are some of the highlights that broker-dealers need to know about the new Reg BI rule.
As the effective date for Reg BI looms just around the corner, learn where the lawsuit challenging the rule stands and if the coronavirus pandemic will have any impact on the timeline.
We have entered a new, Third Wave of financial planning in 2019 where previously separate philosophies have started to merge and work alongside client-facing FinTech innovations to elevate the advice provided by advisors.
Download our whitepaper to ensure you are thoroughly evaluating prospective FinTech vendors to meet all the needs of your bank and clients.
Download our whitepaper to learn more about the benefits of utilizing Monte Carlo to differentiate your business from the competition.
Download our whitepaper to learn more about the benefits of client journey mapping and how to start the process.
In the last decade, investor expectations have been reshaped by technological advancements and the financial crisis. Today, investors are looking not only for the advice of a trusted advisor but also for a more hands-on role in managing their financial future.
Technology is the table stakes in this new era of financial planning, one where advisors must embrace innovation to move forward. But how does an advisor begin creating an effective digital strategy at their firm?
Processes surround us daily, whether you realize it or not. By defining your process and creating consistent workflows, you can remove the barriers between doing what you do best: delivering meaningful financial advice, demonstrating your gamma, and growing your practice.
Financial planning is constantly changing, and the most successful firms realize the importance of technology to their growth and client satisfaction. With so many FinTech solutions on the market today, how can you know which are the most fitting for your organization's workflow?
Many advisors who serve HNW clients believe that harnessing technology is the key to growing their practices. Still, fewer than 50 percent of HNW clients are satisfied with their mobile and online financial platforms, presenting a key opportunity for wealth management firms.
As advisors dissect which method is best to deliver top-notch advice and grow their practice, it is crucial to understand how relying too heavily on the simpler goals-based planning method can be detrimental to advice quality.
In today’s digital age, advisors are competing with much more than just the firm down the block. By leveraging innovations in planning technology and embracing opportunities created by AI, advisors can do far more, with far less.
The financial tastes of tomorrow’s retirees are changing and for advisors to elevate their appeal to these investors, evolution is required.
Advisors are retiring in record numbers with fewer young professionals stepping in to take their place. This shortage has made it increasingly difficult to recruit and retain new talent. Where does the search begin when your firm has a need to hire a financial advisor?
Firms face a multitude of roadblocks created by organizational processes, evolving investor demands, and the industries in which they operate. In order to achieve growth and success, firms must equip advisors with the tools to overcome these challenges.
Being a recent college graduate, I deal firsthand with the major student loan debt crisis and the large amount of concern it brings to Millennials across the country.