Currently, many fintech products available to the financial advising market are targeted to either end clients or larger dealer groups and institutions, leaving the smaller advising companies behind. \u00a0The reason it is difficult to make technology for independent financial advisers is because the more money they spend on software, the less they have for their clients. \u00a0Independent financial advisors typically have 80-200 clients, and are unable to pay the expensive premium for a large piece of software without heavily effecting them or their clients. \u00a0In order to meet the needs of smaller firms and break into the market, Mr. Robinson, the CTO of InvestmentLink, says fintech firms will need to produce software that is “easily customizable by the technical layman” so that smaller businesses are able to invest in the technology and use it for their own needs. \u00a0The key to emerging in the financial advising sector is to release products that are targeted towards specific needs and best-practice ways for small and medium sized financial advisers and accountants, while still giving them all the control in how they present themselves to their end clients. \u00a0This way they can deliver the products as their products while still bringing a lot of value to their customers.<\/p>\n
<\/p>\n
http:\/\/www.fintechbusiness.com\/industry\/643-ifas-being-left-behind-by-fintech-companies<\/p>\n","protected":false},"excerpt":{"rendered":"
Currently, many fintech products available to the financial advising market are targeted to either end clients or larger dealer groups and institutions, leaving the smaller advising companies behind. \u00a0The reason it is difficult to make technology for independent financial advisers is because the more money they spend on software, the less they have for their … Continue reading Financial Advisers being ‘left behind’ by fintech<\/span><\/a><\/p>\n","protected":false},"author":1809,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"qubely_global_settings":"","qubely_interactions":"","kk_blocks_editor_width":"","_kiokenblocks_attr":"","_kiokenblocks_dimensions":"","footnotes":""},"categories":[1],"tags":[],"class_list":["post-1316","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"gutentor_comment":0,"qubely_featured_image_url":null,"qubely_author":{"display_name":"masonwoodsk","author_link":"https:\/\/blogs.scu.edu\/finis\/author\/masonwoodsk\/"},"qubely_comment":0,"qubely_category":"Uncategorized<\/a>","qubely_excerpt":"Currently, many fintech products available to the financial advising market are targeted to either end clients or larger dealer groups and institutions, leaving the smaller advising companies behind. \u00a0The reason it is difficult to make technology for independent financial advisers is because the more money they spend on software, the less they have for their…","post_mailing_queue_ids":[],"_links":{"self":[{"href":"https:\/\/blogs.scu.edu\/finis\/wp-json\/wp\/v2\/posts\/1316","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blogs.scu.edu\/finis\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blogs.scu.edu\/finis\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blogs.scu.edu\/finis\/wp-json\/wp\/v2\/users\/1809"}],"replies":[{"embeddable":true,"href":"https:\/\/blogs.scu.edu\/finis\/wp-json\/wp\/v2\/comments?post=1316"}],"version-history":[{"count":2,"href":"https:\/\/blogs.scu.edu\/finis\/wp-json\/wp\/v2\/posts\/1316\/revisions"}],"predecessor-version":[{"id":1328,"href":"https:\/\/blogs.scu.edu\/finis\/wp-json\/wp\/v2\/posts\/1316\/revisions\/1328"}],"wp:attachment":[{"href":"https:\/\/blogs.scu.edu\/finis\/wp-json\/wp\/v2\/media?parent=1316"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blogs.scu.edu\/finis\/wp-json\/wp\/v2\/categories?post=1316"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blogs.scu.edu\/finis\/wp-json\/wp\/v2\/tags?post=1316"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}