Using tech to help advisers combat vertical integration 'risk'

'Future of advice is hybrid advice'

Jenna Brown
clock • 5 min read

As more asset managers vertically wedge themselves into the advice market, the time for intermediaries to embrace technology is now. Jenna Brown talks to Russell Andrews about the possibilities

In many ways, the last year and a bit have been an aberration but the rapid adoption of technology across the advice sector was certainly not an unwelcome change. Technology, and importantly its use to enhance client outcomes, will be the big differentiator for successful advisers as they face increased competition from asset managers with vertically integrated offerings, according to Russell Andrews, SEI head of solutions and marketing UK, Europe & Asia. He says: "Future of advice is hybrid advice. I am not the first person to say this. You need to pick where on the advice spectrum y...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

'Dinosaurs go extinct': Former Progeny CTO warns platforms must evolve or die

'Dinosaurs go extinct': Former Progeny CTO warns platforms must evolve or die

Tim Thompson Rye warns advice platforms must embrace digital transformation

Sahar Nazir
clock 31 January 2025 • 2 min read
Advice firms called to 'create tech team' to fully embrace AI

Advice firms called to 'create tech team' to fully embrace AI

‘A tech team can look at the most important problems your firm needs to solve’

Sahar Nazir
clock 31 January 2025 • 2 min read
Feel Good Friday: CISI gives nearly £250,000 to financial education charities

Feel Good Friday: CISI gives nearly £250,000 to financial education charities

Providing support to Get Set Girls, RedSTART Educate, and Crosslight Advice

Professional Adviser
clock 31 January 2025 • 1 min read