Between Now And Success

Jud Bergman, the founder of Envestnet, has been at the nexus of every major trend happening in the financial services industry for the past 15 years. As a serial acquirer, Jud and his team have built an industry behemoth. With recent acquisitions including Yodlee for big data and analytics (pending), FinanceLogix for financial planning, and Upside for robo advisor–coupled with its many existing businesses–Envestnet has a window into almost every corner of what’s happening in the advisor space. And in today’s show, Jud and I talk about all of it and what the future holds for financial advisors. Seven Things You’ll Discover in This Episode How the value proposition of financial advisors is changing and what the successful advisor of the future looks like. The main way the advisor of the future can improve their productivity and grow their fee-based practice at 2.2 times the rate of the average advisor. The three things we can thank robo advisors for. One is they’ve set a market rate for commoditized investment