Fidelity Finds Number of Tech-Savvy eAdvisors has Grown to 40 Percent; eAdvisors Outperforming Tech-
Fidelity Investments press release ------ Fidelity Clearing & Custody Solutions (FCCS), the division of Fidelity Investments that provides clearing and custody to registered investment advisors (RIAs), retirement recordkeepers, broker-dealer firms, banks, family offices and insurance companies, today released new findings on the use of technology by financial advisors in the Fidelity 2016 eAdvisor Study. In this study, Fidelity found that since it first identified a subset of tech-savvy advisors – dubbed "eAdvisors" – in its 2014 study, the number of advisors capitalizing on technology solutions has increased by 10 percentage points, from 30 percent of the advisor population in 2014 to 40 percent in 2016. On average, eAdvisors are using twice as many different technologies as their peers, and they are also using these technologies more deeply within their businesses. To get more in depth information click on the picture below to read the article.