T3 Conf Robo Tech Deck 2016-02 - Joel BruckensteinRoboTech...
Transcript of T3 Conf Robo Tech Deck 2016-02 - Joel BruckensteinRoboTech...
2/16/16
1
©Copyright 2016 Fox Financial Planning Network™
Presented by Deborah Fox CEO & Founder
Fox Financial Planning Network™ FoxFinancialPlanningNetwork.com
AdvisorTouch.com
For Financial Professionals Only
Options for Leveraging Robo Technology Within Your Firm
©Copyright 2016 Fox Financial Planning Network™
Why Robo-‐Tech?
“Those who do not conInue to evolve risk becoming irrelevant. Companies either thrive, survive or die.”
~ Deborah Fox
2/16/16
2
©Copyright 2016 Fox Financial Planning Network™
Stay On the Le< with Tech
©Copyright 2016 Fox Financial Planning Network™
” What Are You Looking To Gain?
Process AutomaEon
24/7 Client Access
Modern User
Interface
Ease of Use
2/16/16
3
©Copyright 2016 Fox Financial Planning Network™
” Which Choice Meets Your Needs?
§ What tech capabiliIes do you already have?
§ Where are your holes?
§ Which processes do you want to automate?
©Copyright 2016 Fox Financial Planning Network™
Decisions
” § What is most important to you?
§ Client front-‐end experience § Your firm’s back-‐end experience § Both front-‐end and back-‐end § Pre-‐packaged porXolios or ability to use your own § Flexibility
2/16/16
4
©Copyright 2016 Fox Financial Planning Network™
THIRD DECISION
Create Your Own
Partner With a Robo
©Copyright 2016 Fox Financial Planning Network™
How to Choose Robo-‐Tech
3 Models to Leverage Robo Technology
2/16/16
5
©Copyright 2016 Fox Financial Planning Network™
Three Robo-‐Tech Models
§ Client-‐Facing Robo-‐Tech Prospect/client engagement tools, client portal, risk profiling, account aggregaIon, online account paperwork, etc.
§ OperaIons-‐Centric Robo-‐Tech Account opening, adviser portal, rebalancing, reporIng, data analysis, etc.
§ Custom-‐Designed Mix of Tech IntegraIng best-‐in-‐class so^ware applicaIons
©Copyright 2016 Fox Financial Planning Network™
Designing Your Own Robo-‐Tech PlaSorm
2/16/16
6
©Copyright 2016 Fox Financial Planning Network™
Create Your Own Robo-Technology
”
©Copyright 2016 Fox Financial Planning Network™
Hire the Younger Generations
2/16/16
7
©Copyright 2016 Fox Financial Planning Network™
Tier 2 Revenue Model
150 clients x $100/mo. = $150K plus 50 clients x $200/mo. = $120K Total Revenues = $270K/year
©Copyright 2016 Fox Financial Planning Network™
Do What You Love
Do What You’re Good At Doing
Do What Someone Will Pay You For
UElize Robo-‐Tech to Create Your Dream Job
2/16/16
8
©Copyright 2016 Fox Financial Planning Network™
RESOURCES FOR YOU:
Fox Financial Planning Network: AdvisorTouch Robo PracEce Management Program
Just Released White Paper on ImplemenEng Robo Tech
Complete Workflow System Templates & Detailed Tech, OperaEons & PracEce Management Ideas
Just Released: NexGen Workflow System!
FoxFinancialPlanningNetwork.com
[email protected] 888-‐403-‐2328