A Brief History of… the Financial Services Industry

What is a financial advisor?

Do they hang out on the floor of the stock exchange?

Do they sell insurance?

Do they need to be plugged into their charging station at the end of the day?

The Financial Services Industry has change A LOT over the last 50 years.

Let’s look at the 3 major shifts in the way that mass affluent and high-net worth consumers have been served, as well as a look ahead to what is likely the 4th major iteration of advice in the coming decade, including the integration of Artificial Intelligence.