Included in this issue:
– Webinar Replay: StratiFi Risk + CircleBlack
– Product Enhancements
– Kitces on What Advisors Really Want From Their Tech
– Advisor Resource: Convince an Overly Aggressive Investor to Act Wisely
CircleBlack + StratiFi: How an Outstanding Digital Experience Exceeds Investor Expectations
Watch Sarah Rasmuss, Chief Product Officer at CircleBlack, and Akhil Lodha, CEO of StratiFi, as they discuss how an Outstanding Digital Experience can help advisors meet Investors’ expectations and solidify the advisory relationship.
StratiFi Product Enhancements Overview
Watch our video above to learn about our latest enhancements! New changes coming this month will include:
✔ Add your branding + company colors to PDFs
✔ Benchmark will be optional for Proposal and Compare & Analyze
✔ Ability to set a minimum $ account value for triggering Drift Exceptions
✔ Automatically import investment objectives from Black Diamond
What Advisors Really Want From Their (Independent) Advisor Technology: Opportunities And Threats
Article by Michael Kitces, Nerd’s Eye View
The Kitces Report, The Technology That Independent Financial Advisors Actually Use (And Like), was released in February 2022, indicating advisors are still looking for risk analysis software to add to their toolbox. The key takeaways:
1️⃣ It’s difficult to determine which technology tools are “best” and “most popular” for most advisor-technology solutions.
2️⃣ Advisors showed a strong desire to switch platforms and an openness to new vendors in risk/behavioral assessments. Not satisfied with the current solutions, many businesses develop their own.
3️⃣ A growing gap in advisor technology exists as the advisor value proposition shifts away from product sales and portfolio management.
4️⃣ Instead of relying on the leading advisor technology firms to fill in their own gaps, advisors are increasingly looking for alternative solutions.
How To Convince an Overly Aggressive Investor to Act Wisely
This type of investor is hard to convince that they may be taking unnecessary risks in their portfolio. We created an e-book to help. You will learn:
- Key behavior attributes of an overly aggressive investor
- Tools to assess their risk profile and identify their motives
- Strategies to overcome push-back and objections
- Checklist to master the process of convincing them to act wisely