Post by Yakov Kofner

Wealth management has been slow to embrace digital transformation because the industry’s core operating model is predicated on advisors' desire to control the relationship and on clients trusting advisors more than the platform. As a result, with numbing regularity, advisors loot client assets with major wealth platforms. AI and basic automation take a back seat when they create friction in an advisor-led business model and do not drive revenue. Hence, the same foundational control gaps keep showing up in 2026 as in 1996: - Independent client confirmation - Payee-risk validation - A unified view across brokerage, bank, trust, POA, estate, and outside-account channels - Mandatory direct client delivery of, and access to, official firm or custodian records. https://lnkd.in/eYRGjzSE