Adviser Tech Stack: Adviser Reviews
The NextWealth Adviser Tech Stack series delivers in-depth analysis of the technology that underpins the delivery of financial advice. This latest edition is our annual state of the nation report, covering market share and adviser reviews of key tech providers as well as the ways that advisers are using their tech and how that is changing.
Based on feedback from hundreds of advice professionals, we look at platforms, back-office systems, risk profiling, cashflow modelling and client portals. How those systems connect is vital, so we also look at integrations and highlight gaps between them. We also discuss the most important trends impacting this fast-changing world.
The report is used to
- Assess market share of individual providers
- Benchmark adviser tech businesses against the competition
- Prioritise integrations and proposition developments
- Identify emerging adviser tech trends
Methodology
The data in this report is from two surveys of a total of 659 financial advice professionals (financial advisers, financial planners, paraplanners and operations managers).
- Advice tech reviews and market share are based on a robust sample of over 330 employees of financial advice firms.
- Platform reviews are based on a survey of 316 financial advisers and paraplanners.
Comparisons are offered to past surveys from Q3 2021, Q3 2022 and Q3 2023.
We also conducted ten in-depth phone interviews with a mix of financial advice professionals representing a range of firms by size.
The report is based on over 5,000 reviews posted by financial advisers and paraplanners on the NextWealth Directory.
You can download the sample of the report by completing the form.
