Ep 43. The Future of the Kitces AdvisorTech Map Foretold 🔮

Besides this:

There’s just the already growing body of research about AI making us miserable and dumb.

…the most powerful insight I’ve gleaned from the Kitces’ research around tech, efficiency, and revenue is this:

Advisors that answered that “The Most Important Role of Technology Within An Advisory Practice” was time or cost efficiency… make half as much as those that think it’s all about quality optimization and client experience.

I feel like Dennis Moseley-Williams would like this…

And for just how long Jump will deny it’s building a CRM… :)

So the question remains… will average advisors using AI beat great advisors not using AI?

…OR… are the advisors most attracted to AI shiny objects… the one’s making the least due to their focus on efficiency?

Maybe… wellbeing is the most important thing…

A little less tech and hype… and a little more focus on clients.

Probably do us all some good.

“Most optimization is procrastination in disguise.”
~ Stijn Noorman

To Epic Human Stories,

Joe

P.S. I realize I “buried the lead” with the title… you’ll have to listen to find out about the future of the map… 🔮😂