Monthly Archives: July 2022

FEATURE

The Wealth Management Firm of the Future: Andrew Altfest on AI’s Role in the Future of Financial Advice

Business, Education, Finance, Financial Advisor, Investing, Uncategorized, , , , , , , ,

Artificial intelligence has become a mainstream tool everywhere, from Siri and Alexa to trend monitoring software for Netflix. How can financial advisors leverage this technology to grow their business?

In this episode of NEXT, Mark Bruno, Managing Director at Informa Wealth Management, speaks with Andrew Altfest, President of Altfest and Founder and CEO of FP Alpha, about how technology is reshaping financial advice and the delivery of wealth management services to clients. 

Specifically, Mark and Andrew discuss:

  • How AI can be used to make complex estate planning and trust issues more efficient
  • Popular digital marketing strategies for prospecting to HNW and UHNW investors
  • How “mass personalization” will help advisors accelerate the growth of their businesses moving forward

Connect With Mark Bruno:

Connect With Andrew Altfest:

About Our Guest:

Andrew Altfest, CFP®, MBA is the founder and CEO of FP Alpha, the first AI-driven comprehensive financial planning solution that enables advisors to provide actionable and personalized recommendations to clients across over 15 financial planning disciplines, and is complementary to their current retirement planning software, starting where it stops.

 



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FEATURE

The Wealth Management Firm of the Future: Lifeworks’ Ron Bullis

Business, Education, Finance, Financial Advisor, Investing, Uncategorized, , , , , ,

The most successful firms in the wealth management industry over the next five years will likely be those firms that have a true command on their technology, a defined and unique client experience — and ultimately can deliver hyper-targeted services to their core markets. 

Lifeworks — an up-and-coming RIA with a built-in technology team that is directly aligned with its advisors — is clearly charting a path as a firm to watch, now, and over the next several years. 

In this inaugural episode of the NEXT Podcast, Mark Bruno, Managing Director at Informa Wealth Management, speaks with Ron Bullis, CEO of Lifeworks Advisors, on his firm’s strategy, business model and ability to build technology that is aligned with the largest  growth opportunities in wealth management. 

More specifically, Mark and Ron discuss:

  • The challenges of delivering “hyper personalized” portfolios while increasing the number of clients
  • The role of technology in creating seamless client experiences and digital marketing
  • How Lifeworks defines a positive client experience and evaluates client experiences
  • How Lifeworks is benchmarking and measuring its cutting edge client acquisition strategies
  • And more

Connect With Mark Bruno: 

Connect With Ron Bullis:

About Our Guest:

After spending nearly a decade at a large insurance company, Ron Bullis broke away from his successful career and started Lifeworks Advisors in 2017 with 0 clients and $0 in revenue.

Since then, Lifeworks has become one of the fastest-growing wealth management firms in the country, now managing $150 million of assets and overseeing hundreds of clients.

In 2019, on top of serving clients, Ron directed Lifeworks to begin creating their own software that would vastly improve the advisor-client relationship.



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