Our Peaks Perspective newsletter provides our monthly perspective on leading topics in the Financial Services, Sales, Technology, and Values Based Investing spaces.
CRMs and email marketing platforms exist in parallel universes that don't communicate with each other. The firms that grow consistently aren't those with perfectly integrated technology stacks. They're the ones who understand their systems' limitations and build processes ensuring critical information doesn't get lost in the gaps.
Access The Oasis Group's AI WealthTech Map, a resource that financial advisors and wealth management firms can use to find leading artificial intelligence solutions and AI-focused firms serving the wealth management industry. The map follows the lifecycle of a wealth management relationship and is organized into 7 categories, identifying and categorizing 98 leading technology firms.
For most of the past two decades, prediction markets were treated as academic toys. Now, regulated prediction markets are emerging as a credible new financial category. This shift deserves serious attention from the wealth management community.
While your compliance team debates whether to allow the latest LLMs, most of your advisors are already using it on their personal phones. They are entering client data, portfolio ideas, and internal research into systems your firm has never reviewed. How will you take control of it before regulators and cybercriminals do?
In our latest Peaks Perspective article, we delve into the rise of prediction markets and event contracts in the wealth management industry and give a clear engagement strategy framework for advisors beginning to see signs of prediction market activity in their client base.
Data lineage isn't about expensive technology. It's about answering three straightforward questions about AI-generated content: What data went into this output? Who used it, and when? Where is the record stored? If you can answer those questions reliably, you have functional lineage. Everything else is infrastructure theater.
In our latest Peaks Perspective article, discover how audio deepfakes endanger wealth management firms, including what exactly is an audio deepfake, why wealth firms are prime targets, how to move from familiarity to verification, and more. Plus, access an in-depth deepfake-resilience checklist that serves as a practical framework to protect clients, staff, and the...
What is Business Process Management (BPM)? Find out why wealth management firms need to embrace it now. Discover all you need to know in this latest installment of the Peaks Perspective series.
What's happening with AI in wealth management isn't just another tech upgrade; it's a fundamental reshaping of how successful advisory firms operate. Learn how successful firms are leveraging AI in this Peaks Perspective article that covers what John O'Connell is seeing in his work in the field.
As more firms embrace AI tools, the key to success lies in how effectively these tools are implemented. By following a structured prompting workflow, wealth managers can maximize the potential of AI and reduce operational inefficiencies. Below is a step-by-step guide to building a successful prompting workflow for your practice.
The wealth management industry is early in the beginning of its technological transformation driven by artificial intelligence (AI). AI notetakers were the technology advancement of 2024 and AI chatbots are the advancement of 2025. Find out more in this latest Peaks Perspective.
Monte Carlo simulations have become an invaluable tool for financial advisors and individuals in the complex world of retirement planning. Recently, we had the opportunity to leverage Claude, a powerful AI assistant, to create a sophisticated retirement simulation for a hypothetical couple.
When you discover your identity has been used in a pump and dump scheme on WhatsApp or other platforms, taking swift, decisive action is essential. This guide outlines the specific steps you should take to report the crime, protect your clients, and help authorities bring the perpetrators to justice.
The landscape of RIA acquisitions has transformed dramatically over the past decade. This analysis examines the primary models driving consolidation in the RIA space and explores their strategic implications for industry participants.
SOC2 audits have become the de facto standard for demonstrating security compliance in the technology industry. This analysis explores why SOC2 certification, despite its widespread adoption and respected status, may provide a false sense of security and prove inadequate in protecting organizations against modern cyber threats.
In today's fast-paced digital world, where cyber threats are always lurking, safeguarding your personal and professional information is no longer optional – it's essential. One often-overlooked strategy in the realm of cybersecurity is the simple yet effective practice of using multiple email accounts.
Data breaches pose new threats for wealth management firms to recognize malicious activity on client accounts and impersonation attempts by bad actors through deep fakes. In this article, we examine the recent AT&T data breach and share how you can advise your clients and staff to protect your client’s investments.
In today's digital age, financial advisors have more responsibilities than ever before. Beyond providing sound financial advice and investment strategies, modern financial advisors must also help their clients navigate the perilous waters of cybersecurity.
In the dynamic landscape of wealth management, the quest for sustainable growth has never been more challenging or crucial. Many firms are struggling to create organic growth as shown in industry studies.
In an era where digital convenience intersects with unparalleled risks, financial advisors and wealth managers are tasked with safeguarding more than just financial assets; the protection of personal and client data stands paramount. Amidst this backdrop, two applications, TikTok and Temu, emerge as subjects of increasing concern over privacy practices.
The digital era has brought with it an increase in cyber threats that target businesses of all sizes. As a response to this growing problem, the SEC introduced new regulations that compel companies to publicly disclose their breaches within specific deadlines.
Wealth management firms are grappling with an increasing demand for transparency, personalization, and efficiency. To navigate these demands, they rely on a robust set of technology solutions, more commonly referred to as their technology stack.
Wealth management firms are grappling with an increasing demand for transparency, personalization, and efficiency. To navigate these demands, they rely on a robust set of technology solutions, more commonly referred to as their technology stack.
The MOVEit breach effects the clients of every wealth manager in America. This article not hyperbole or written to scare the reader. This article will cover: Defining the breach in executive terms, the meaning of the breach to your clients and your firm, the steps you can recommend for your clients today, and the steps...
This article examines the challenges associated with the SEC’s proposed rule, the expected effect on financial services firms, and how firms can prepare now for the new rule.
This article provides a brief guide to the AI technologies available today, and it’s not just ChatGPT, their applications in wealth management, and how your firm can define specific business outcomes that you want to achieve with AI.
Do you use your company email for personal purposes? If so, you may want to think twice. Your employer owns the servers and the emails that are stored in them, which means they can be accessed by your employer at any time. This could lead to serious consequences if you are not careful with what...
Financial advisors have one of the most important jobs out there - helping their clients to reach their financial goals. Unfortunately, many financial advisors struggle with a trust gap when it comes to clients. This can be especially difficult because trust is essential for advisors to develop a successful and lasting relationship with their clients....
