ndependent financial advisors constitute a young profession, but they and their partners over the past 35 years—the years that this magazine has been published—have always helped shape societal trends, technology and regulation. For this profession to thrive in the years ahead, it must harness five major transformative trends already in process.
These trends—mobile, micro, longevity, politics and the generations—have already affected how advisors run their businesses. They are already changing the expectations that end clients have of their advisors. Each trend is intertwined with the others, and the technology that advisors and their clients use underpins the changes that these trends are creating.
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