Future Advisor: Once You Realize That You Need to Change, How Are You Going to Get There?

By Mike Garrison via Iris.xyz

My friend Graham Hawkins wrote this article about his childhood: Potato Farming. His stories about his father who was a potato farmer and how the ability to adapt to changing conditions in the market and in technology were key to prosperity.

This is exactly what is required of all independent financial advisory firms today and in the next 5 to 10 years. Technology and your buyers are changing rapidly and you need to as well.

The ability to adapt your business model is going to be the most critical success factor in your quest to maintain profitability and the ability to truly serve your clients in their best interests going forward. Additionally, this mindset of innovation and adaptation to technology will be absolutely foundational in your ability to recruit and retain talent at all levels of your organization and in all departments.

Click here to read the full story on Iris.xyz.