Mounting operational demands, the rapid pace of technology change and shifting investor dynamics are making it difficult to innovate, say many advisors and broker-dealers who attended Fidelity Investments’ recent annual Executive Forum in Scottsdale, Ariz.
The 118 executives who participated in the forum’s poll reported spending 73% more time and resources on risk and compliance than they did 10 years ago. As a result, they are spending 19% less time on marketing/business development and 10 percent less on client service, they said.
Register or login for access to this item and much more
All Bank Investment Consultant content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access