What is interesting is how this has developed into so much more.
They describe their first foray into taking tech control as possibly being “the tiny acorn that grows the mighty oak”, with ambitious plans for developing new systems that will drive their social purpose and help them build on their aspirations, under the brand Open Advice.
They did not start out as tech savvy: they recognised that getting the right support could make them innovators, not consumers of off-the-shelf tech.
Not all advice businesses will want to go so far but, without a doubt, building tech literacy into a business and partnering with providers who will support that journey will open doors to myriad possibilities, changing the public’s perception of financial advice, and allowing advisers to reach new audiences and make the profession more rewarding than ever.
Heather Hopkins is the managing director and founder of NextWealth
