2015 was a massive year in advisor technology, with shocking headlines dominating the airwaves! Mergers and acquisitions, robo advisors, cybersecurity, and social media.
So get ready, the Best Technology of 2015 begins now!
Best Technology of 2015
Thank you, thank you everyone, welcome to the show, I’m your host Bill Winterberg, and we’re here tonight to recognize the “best of the best” in financial advisor technology.
This is my sixth year highlighting top technology for financial advisors, and just like in previous years, I break down award winners into three categories: the best back office technology, the best client-facing technology, and the best overall innovation of the year.
Best Back Office Technology
So let’s begin with the Best Back-Office Technology award winner, which is a product or service that boosts the overall efficiency and productivity of your back office and makes a direct impact to your bottom line.
The Best Back-Office Technology of 2015 goes to:
Clearly, automated asset management has dominated the headlines this year, but many of you just aren’t certain what your strategy will be when it comes to offering low-cost investment management.
Autopilot wins this year’s award because it is purpose-built for advisors, and not cobbled together from a retail offering.
And with tighter relationships with custodians, like the end-to-end process I’ve seen soon to debut with Trust Company of America, Autopilot is well positioned for those of you who want to move forward with offering an automated platform for your emerging clients.
Unfortunately I’m being told that Riskalyze CEO Aaron Klein just boarded a flight with United, so he doesn’t have inflight WiFi to accept this award virtually. Am I right, Michael?!?
Oh, well then..
Best Client-Facing Technology
Next up is the award for the Best Client-Facing Technology. The winning solution significantly enhances the client-facing elements of your business and facilitates your interactions with clients.
If you’re looking to differentiate your business and offer deeper financial planning services to clients, you can’t go wrong with this year’s Best Client-Facing Technology award winner,
Now Advizr has only been around for a little more than a year, but they’ve gained some very good traction early on by allowing advisors to easily engage clients with a financial plan.
Clients and prospects can create their own high-level plan using Advizr’s user friendly interface, and then engage an advisor to further refine their plan based on their unique goals and circumstances. As this year’s Best Client-Facing Technology, Advizr is worth a look for those of you who want to give each and every client the benefit of having a financial plan.
Innovation of the Year
And finally, our last category for this year’s awards is the Innovation of the Year, which goes to a product or service that introduces a completely new business practice or service experience that has never been possible or practical before.
The award for Innovation of the year goes to:
So before Periscope was introduced, there really wasn’t an easy way for you to broadcast content live in real time to your audience. Some of you have used webinars or Google Hangouts before, but for those, you’re typically confined to your desktop or laptop computer in your office.
Periscope opens up an entirely new way to connect with your clients and prospects using nothing more than your mobile phone.
It’s incredible to consider the possibilities and potential of an app like this, so don’t let compliance create any excuses for you NOT to use something so revolutionary and well-deserving of Innovation of the Year.
So as this year’s awards come to an end, I want to take a moment to recognize all those who supported me through my career, because without them, I wouldn’t be where I am today, so honey, this is for you, I love you, and Dan, you’re an awesome son and you make me a proud dad, and, oh, I don’t want to forget my executive producer, Steve Biermann, I forgive you forcing me on the VooDoo ZipLine in Las Vegas, I’m ready to be friends again, and to my cat … ok ok!
Thank you everyone, hope you enjoyed the show, I’ll see you in 2016!!