Originally from Northern California, Ryan received bachelor's degrees in English and philosophy from UC Santa Barbara before beginning a career in journalism at the Santa Barbara Independent. After a few years of freelancing, bartending and snowboarding in Colorado, Ryan moved to New York to earn a master's degree in journalism at Columbia University. He has covered the advisor fintech beat since 2014. He Tweets at: @ryanWneal
Having the technology isn't enough anymore
Adviser tools must bridge knowledge gaps.
Client information will feed directly into advisers' workstations, so they'll know when a client adds a new financial goal.
Some advisers are confident they can provide enough value to justify their fees.
Once thought to be a threat to TAMPs, they haven't attracted much interest from advisers.
A $30-a-month charge for advice by one of the industry's giants could upend the advisory business.
Product lets clients select their financial goals and create a plan for achieving them
The tool is part of a growing trend of banks turning to fintech for cross-selling opportunities.
The tech giant isn't a threat to advisers yet, but it's easy to see where the company goes from here.
The owner of Portfolio Advisor and Expert Investor provides live events, research, data and information to the global wealth and asset management industries.
