In an increasingly commoditized wealth management industry, broker-dealers must find smarter ways to grow, and that starts with helping advisors meet clients’ full financial needs. Clients today want holistic guidance that covers retirement income, wealth transfer, and protection against life’s risks, making insurance and annuities essential complements to traditional investments. 

Yet, many advisors hesitate to offer these solutions due to product complexity, fragmented systems, and time-consuming compliance requirements. Modern technology can solve these challenges by creating integrated, end-to-end workflows that simplify quoting, applications, and compliance, freeing advisors to focus on clients instead of paperwork. 

A unified digital platform can enhance accuracy, streamline documentation, and reduce operational risk, all while supporting scalability as regulations and client expectations evolve. 

Finsum: Firms that embrace connected technology empower advisors to deliver comprehensive advice, deepen client relationships, and drive sustainable long-term growth.