The Role of Technology in Enhancing Financial Advisers

Reported 1 day ago

Contrary to predictions that technology would replace financial advisers, the industry is witnessing growth, with jobs projected to increase by 17% in the next decade. Technology, rather than displacing advisers, is enhancing their ability to provide personalized services by automating routine tasks. This shift allows advisers to focus on more complex financial needs, making their role increasingly relevant, especially in uncertain situations. However, the industry faces a challenge in differentiation, as consumers often have trouble distinguishing between advisers, highlighting the need for advisers to define their specialties.

Source: YAHOO

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