Broadridge Financial Solutions

Take your practice to the next level. With a little advice from the right coaches, watch how Mopedia is helping some of the industry’s brightest advisers transform their businesses.

Practice Makeover: Season 4

Episode 7: What did we learn about going robo?

January 11, 2016 @ 5:30 pm

Runtime: 6:48

Andrew Besheer, president of advisor solutions at Broadridge Financial Solutions, reflects on the season and the pros and cons of going robo.

Your Practice Partner

Valuable information and assets provided by Broadridge Financial Solutions, this season's sponsor of Practice Makeover.

Prosper as a Breakout Advisor

The principals of Archer Investment Management, based in Raleigh, NC, took notice when robo-advising achieved triple-digit growth over the past year. Now they're tackling the critical question that's on the mind of today's advisory firms: is robo-advising right for me?

Defining and driving success

Matt Archer and Nina O'Neal are excited. They clearly see robo-advising as a fit for their young, forward-thinking business. However, as we listen to this conversation, it's clear that some vital questions remain. Perhaps the most critical: “How will you define success—and what measurements will drive it?”

A framework for strategic thinking

It's estimated that as many as 18% of RIAs* are planning to add robo-advising services to their firms over the next two years, and this episode provides great perspective on why this should be viewed as much more than a simple go/no-go decision. It also outlines key strategic questions you'll want to ask whenever you're weighing any new service or technology.

Technology and Relationships: Finding the Right Balance

As a financial advisor, you're in the relationship business. Like Matt Archer and Nina O'Neal of Archer Investments, you've built a practice based on credibility, respect and trust.

Robo-advising and other services

In Episode Four, Archer Investment's Nina O'Neal and Matt Archer meet with technology expert Aaron Klein. He provides guidance on specific functions, parameters and tiers of service, and that prompts Nina to push back.

Video Channels

Need a Makeover?

Tell us why and perhaps you and your practice will be featured next season.

Thank you for your submission.

Last News

ferrari 288 gto annuity pension calculator 401a tax rules roth ira etf how are medicare premiums calculated federated high yield bond tiaa cref lifecycle funds annuity mutual fund 1099 distribution code 3 1099 r distribution code 8 s&p 500 index vanguard dow jones daily numbers tsp retirement calculator 1099-r taxable pers retirement calculator social securities benefits piedmont cigarette baseball cards what is hsa compatible ira withdrawal requirements vanguard etf portfolio builder mathews asia fund fidelity small cap opportunities fund fidelity stock selector all cap fund wife or widow of a peer rollover simple ira to traditional ira top 10 retirement jokes eaton vance income fund cfp exam format 401k ira rollover blackrock global tactical strategies portfolio symbol sei core fund fgldx td ameritrade holding corp