Technology in the Coming Years: What Advisory Firms Should Expect

Technology has altered the world for investment advisers. The rise of auto-advisers, the ever-increasing need for cybersecurity, the overwhelming prevalence of various forms of social media, cryptocurrencies and more have shaped a business and compliance reality that many advisers might not have predicted a decade or more ago. Given that each new step in high tech appears to exponentially bolster the arrival and impact of the subsequent one, what should advisers expect in the next decade, and how should they prepare for it?
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