Insights | 06.26.20
Fidelity Research Shows COVID-19 Steering Advisors Toward Technology
According to research from Fidelity Investments, the COVID-19 pandemic is pushing advisors to adopt new technologies. A survey of 400 advisors revealed that the use of video conferencing for interacting with clients jumped to 14 percent since the pandemic started. That number was only 7 percent before the pandemic. David Canter, head of Fidelity’s registered investment advisor and family office segments, explained, "Increased demand for financial planning and advice has led many firms to rapidly pivot how they engage with prospects and clients in a virtual environment. This crisis has been a catalyst for growth-oriented advisors to embrace more digitally-minded business development strategies.”
Read the full article on InvestmentNews.