Wealth Management, convincing thousands of financial advisers to use new digital tools isn't difficult, or even the hardest part of meshing humans and machines.
Morgan Stanley launched a new planning and advice platform — a type of one-stop-shop for advisers' books of business called WealthDesk — just last year. Key to training up advisers is ensuring they knew precisely what kind of technology is available to them and how it would fit in with their everyday client interactions, Saperstein said.staffers, who are not yet full-fledged advisers, to assist financial advisers in getting up to speed with new capabilities.
And millennials "appear less interested in previous generations about engaging an adviser," data and analytics provider Greenwich Associates said in a Wednesday report.