What are the main problems in the financial advisory industry? How is Morton producing solutions to these pain points? Wealth Advisors Stacey McKinnon and Beau Wirick take the stage at Morton Wealth's 2023 Investor Symposium to answer these questions.
Stacey and Beau discuss the evolution of financial services from focusing on investment selection to providing holistic, client-centered advice, emphasizing the role of financial advisors as coaches rather than just investment managers.
They highlight structural issues within the industry, such as the limited number of clients an advisor can effectively serve, the tendency to focus on clients who have already obtained a high level of wealth while neglecting those who are still in the critical process of building their wealth, the prevalence of misleading financial advice on social media platforms like TikTok.
Modearn aims to solve these problems by leveraging technology through our app to serve more clients, especially those in wealth-building phases, encouraging advisors to foster meaningful relationships with their clients, and by providing personalized, objective financial advice through a team of experts.
Stay tuned for more Couchside Conversations episodes! We have topics coming up like…
• Protecting Your Family Using Insurance
• Keeping Up with the Joneses
• Owning a Home/Investment Property
