I met with Bob Curtis, CEO of PIETech (providers of MoneyGuidePro software), between sessions at T3 Enterprise 2015 to dive into the details of what he discussed during his general session presentation at the conference.
MoneyGuidePro conducted one of the most unconventional presentations at the T3 Enterprise Conference, inspired by sketches from Monty Python and the Holy Grail.
Curtis, dressed head to toe in medieval regalia, told the audience that the holy grail in financial services is that everyone needs and deserves a quality financial plan. But most people don’t have plans because they aren’t comfortable approaching financial advisors to create one.
“71% of people are scared of talking to a financial advisor,” said Curtis. “How did we do that?”
Instead, Curtis offered, consumers are turning to online resources to create their own plan without the assistance of a professional.
“Do you think anyone is afraid to go online at home & engage with a computer?” asked Curtis.
“It’s easy and fast. It’s not intimidating.”
To rethink the way advice and planning is delivered, Curtis told the audience that employees of financial enterprises should go through their own planning experience to get a better feel for it and rethink parts of the process that are confusing, problematic, or too intrusive.
That is one reason why Curtis announced that a new MoneyGuideClient experience is coming soon, where clients are in the driver’s seat when creating their plan, and not the financial professional.
