The shake-out in the financial advisory industry

 

With private clients becoming more investment savvy, the financial advisory industry is changing rapidly. Watch the interview by Mark Laudi.

 

Izzy Nurdin from Global Financial Consultants explains in this interview the evolution that is happening in the world of financial advisory. The financial world has always been slow in adopting new technology and processes, and rightly so. Because managing money involves managing risks, new technologies and processes are perceived as risky business. Hence, the financial industry buys into new concepts only when they matured.




 
 
 
Evolutions in the industry are therefore slow and steady. However, the current credit crisis accelerated this process. Mark Laudi from Investor Central finds out.

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