The Evolving Financial Services Industry: The Financial Advisory Role Today and in the Future

Abstract

Cyber security is emerging as a leading corporate and government issue, and it will be the topic at the forefront of the financial services industry’s list of concerns in the years to come. Data management and solutions companies stand poised to take advantage of these changes within the industry. The authors will develop a new consumer model which we believe will be adopted in the financial service industry by the year 2020. The impact these changes will have on the financial advisor/client relationship remains to be seen.