There’s a gap between what advisors think they should be doing and what clients expect them to be doing. For instance, research shows that the majority of clients—even high net worth clients—prefer their advisors not to handle investment management in house. That trend has fueled an uptick in advisors outsourcing those management activities. That’s good news: Outsourcing allows advisors to expand their services, improve processes, and spend more time with their clients. Read on to learn more about how outsourcing some or all of your investment management services can improve efficiency and free up time to spend on client-related activities.
By Barrett Ayers, President