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As we venture into the second half of 2024, we're witnessing a fascinating evolution in financial advisory practices. Our July newsletter delves into a crucial question: How are the most successful advisors leveraging new technologies to enhance their unique strengths and deepen client relationships? We invite you to explore: Our partnership with Broadridge Wealth Management, integrating values-based investing into their platform. Insights from our co-founder Gabe Rissman on AI's role in M&A. Join us for two can't miss webinars coming in August: August 7: Flattening the Sales Funnel: Leverage AI to Close Prospects in Two Emails with Tom Anderson from Anasova Register today --> https://lnkd.in/ew53fH3g August 14: Values-Based Investing: The Future of Client Engagement with Paul Camuto of Broadridge. Save your spot --> https://lnkd.in/dC7aix4E Finally, some of you might have seen some changes within Advisor Core. Your feedback continues to be our guide to developing the next evolution of statement extraction, portfolio analysis, proposal generation, and more. Read it all below! #FinancialAdvisors #WealthTech #AdvisorEvolution

Join us for today's Shark Tank Tech Spotlight on moneytree with Matt Garrett and YourStake with Gabe Rissman at 11 &11:30 am. Register now: https://lnkd.in/dssKa57S #fpanca #techspotlight

We are honored to have our Values-Aligned Direct Indexing Solution (VADIS) built with First Affirmative Financial Network nominated as a finalist in the Money Management Institute/Barron's Industry Awards for Values-Based Investing Solutions! 🏆 We are immensely proud of the team behind the scenes building this solution, our clients who have been instrumental in shaping, refining, and channeling our work into positive impact, and most importantly our co-founders, Gabe Rissman and Patrick Reed for continually delivering a best-in-class values-based investing solution that can help clients invest in the issues that matter most to them. Thank you to all who have and continue to support us as we build the future of personalization. #MMIIndustryAwards

 Are you tired of endless lead nurturing? What if you could go from prospect to client in just two emails? Join YourStake and Anasova for a webinar on how to have a little less conversation and a little more action to close prospects. "Flattening the Sales Funnel: Use AI to Close Prospects in Two Emails" 📅 August 7, 2024 🕑 2:00 PM ET Learn how to: • Leverage AI for targeted prospect engagement • Create personalized proposals in minutes • Dramatically reduce time-to-close Featuring industry leaders: • Tom Anderson, Founder & CEO, Anasova • Gabe Rissman, President & Co-Founder, YourStake Register now: https://lnkd.in/ew53fH3g

The Growth Imperative for Financial Advisors, setting the stage for the second-half of 2024. Recent industry research paints a clear picture of advisors' priorities and challenges: Growth is Top of Mind: According to the 2024 Interactive Brokers Advisor Insights Survey, winning new business and firm growth are the top priorities for advisors this year. Automation is Key: The same survey reveals that 79% of advisors agree that increased automation in their operations allows more time for client relationship building – a crucial factor for growth. Additionally, since the proliferation of AI across the industry, new ways to automate are just coming online. Expanding Services is Imperative: Highlighted by industry experts as shared by RIA Intel, RIAs are broadening their service offerings to include tax, estate, insurance, and cash management services to meet client demands and justify fees. Generational Shift Ongoing: While much attention is focused on Millennials and Gen Z, the next decade will see Generation X experiencing the largest growth in wealth, presenting a significant opportunity for advisors who can meet their complex needs. These trends underscore a critical reality: in today's landscape, advisors need tools that not only streamline operations but also enhance their ability to provide comprehensive, personalized service to a diverse client base faster than ever before. We've put together a new resource to highlight 6 key ways Advisors are hitting their growth goals in 2024 and beyond. Learn How to Shift The Week-Long Proposal Processes into Same-Day Wins: https://lnkd.in/e3NQ5gX3

AI is fundamentally changing how compliance pre-reviews and analysis can be done. The two main compliance use cases are summarizing regulations and scanning public communications for compliance flags. Tools like RegVerse and Archer Integrated Risk Management monitor the news for changes in regulations and summarize how your firm’s activities and disclosures may be impacted. Hadrius and Saifr, on the other hand, can be used by advisors and compliance departments to flag communications for compliance issues, and suggest changes and disclosures. Explore the YourStake Advisor AI Tech Map spotlight below or visit the full map here to view more companies: https://lnkd.in/d4gZqddv #FinancialAdvisors #AdvisorTech

AI is revolutionizing M&A transactions by enhancing due diligence, risk management, and identifying opportunities within the acquired firm’s client base. Our co-founder and President Gabe Rissman shared insights on the power of AI in the M&A process with Wealth Solutions Report! Read the full article here: https://lnkd.in/gCNbhhP5 #MergersAndAcquisitions #AI #RIAs #WealthManagement

As we move into the second half of 2024, advisors are facing more complex challenges and opportunities than ever before. We have spoken with hundreds of our advisor users about their experiences with proposal generation systems, AI automation, and other tools. Our latest blog post, "6 Ways Top Advisors Use Advisor Core to Win and Retain More Business," reveals key strategies driving growth in 2024. Discover how Advisor Core is revolutionizing advisory practices: 🗓️ Reduce proposal preparation time from 1 week to 1 day 🥇 Increase prospect conversion rates by 20% ⏱️ Save 5+ hours weekly on analysis and reporting 📦 Deliver personalized, values-aligned portfolios and analysis From AI-powered analytics to seamless client presentations, learn how Advisor Core is transforming week-long processes into same-day wins. Read the full article: https://lnkd.in/e3NQ5gX3 #FinancialAdvisors #WealthManagement #AdvisorTech #PracticeGrowth

The data is in: Advisors need AI to stay relevant and grow A recent Accenture study revealed that 9 out of 10 Advisors believe AI can help grow their book of business more than 20%, with 55% of them sharing that they think AI will transform how they run their practice within the next 3 years. We've put together a guide to highlight the impact of AI within Wealth Management, share insights on how Advisors can navigate this technological shift, and where the future of advisory is headed, sooner than you might think. Get your Free Guide: Why AI-enhanced Advisors are the Future: https://lnkd.in/eDBG5KVP

AI solutions for note-taking and CRM integration are often the first choice for many advisors when adopting AI-specific tools into their tech stack because the use case is incredibly clear and the payoff is almost instantaneous. These tools can seamlessly join client meetings to create detailed transcripts, summaries, next steps, and even draft follow-up emails. What's more, these solutions can evaluate your engagement levels to better hone your delivery, story, and overall sales process. Advisors who have embraced these innovations report significant time savings of up to 30 minutes per meeting. Some even claim that the AI takes better notes than a human assistant. Leaders include general-purpose tools like Otter.ai and Fireflies.ai. Specific for Financial Advisors, tools like FinMate AI, Jump - Advisor AI, Sybill, and Pulse360 keep Advisors centric to their workflows and some of these solutions are even connected deeper into CRMs to populate and update contact fields, and pre-populating email outreach in comprehensive and personalized ways. Explore more about these solutions below or visit the full map to view more companies specific to this use case (and highlighted in the document below): https://lnkd.in/eqB4hNqB #FinancialAdvisors #AIRIA #AdvisorTech