In a recent video panel, this news service was joined by senior industry figures, including the firm FundCount, to consider why, for example, manual tasks have gone up rather than down; the impact of the pandemic and economic change on digitalization, and whether efficiencies are being genuinely achieved via technology.

Senior figures in the North American wealth management industry joined Family Wealth Report to discuss a recent report, issued in conjunction with FundCount, about the industry’s progress in becoming more efficient in accounting and investment analysis. 

Speakers on the panel were Katherine Dunlevie, President and Chief Executive, The Family Office at Synovus; Will Trout, Director, Wealth Management at Javelin Strategy & Research, and Ashley Whittaker, President, Global Sales, FoundCount. The panel, as seen on the webinar here, was moderated by Tom Burroughes, Family Wealth Report Group Editor (also Group Editor for WealthBriefing and WealthBriefingAsia).

Tom asked questions such as why manual work for family offices and advisors has risen rather than declined; how the pandemic and the vaunted “acceleration” of technology in the sector has worked out in practice, and what the remaining challenges are, particular as a rising generation takes the helm in family businesses and FOs. The discussion ran for 45 minutes and as all agreed, the conversation could have gone for far longer, given the topics.

To view the report, click on this link.