Today, Chip Kispert had a terrific Beacon Flash Podcast with Tony Mazzali, CEO of CG Financial Services. Our conversation focused on the collision of forces changing advisory wealth management. The race to relevance for tomorrow’s wealth firm is impacted by private equity, fintech, evolving client expectations and service models, and several other significant factors. Advisory practices are giving way to more formalized business models that blend the traditional client asset management with a sophisticated and focused service and technology stack. Today’s investor clients want a balance between knee-to-knee interaction and high tech, “give me the information now” – and they want a financial coach, not a broker. Tony shares that he sees firms like Orion, recently acquired by Redtail, and Holistiplan are leading the change for enabling advisors.
So, give a listen to our podcast. If you want to learn about the work Beacon Strategies, LLC does for wealth firms and providers, click this link.