In|Vest West 2019
December 5-6 | San Francisco, CA
Join Us →
Greetings -
We're just days away from In|Vest West, and the digital wealth management industry could potentially be reshaped by a blockbuster deal.
Charles Schwab is expected to purchase TD Ameritrade for $26 billion. If made official and approved, the deal will likely add thousands of new retail clients and independent advisory firms — and tens of billions of dollars in new digital assets — to the Schwab platform.
Discount brokerage giants are now in a pivotal role to influence innovation and growth among advisory firms and robos, industry observers say.
“The advisor is already under threat from the commoditization of portfolio management and even to a degree digital planning-based advice,” says Will Trout, senior analyst at Celent, one of the industry experts attending In|Vest West this December.
“Now that the balance of power is shifting away from the advisor, there’s all the more urgency to jump in.”
View full coverage from Financial Planning.
William Trout
Head of Wealth
Management Research
Celent
In|Vest West will feature leaders from Schwab, competing custodians and several prominent digital advice firms that all face pressure to succeed in a market that is being realigned to favor low-cost advice, delivered digitally at massive scale.
Attendees will hear directly from top executives and thought-leaders about how such developments will shape the industry in the next decade, and which strategies will elevate firms above the competition.
| |
CONTACT US
|
Having trouble viewing this email? View it online.
To unsubscribe from promotional messages please click here.
Customer Service: (212) 803-6075.
