As we head into 2020, we believe this article summarizes a trend we think will continue to gain momentum.
We’ve always believed that cybersecurity should be looked at a lot more than just checking off a box but rather an integral component in providing holistic advice and the protection that RIAs provide to their clients.
In a very forward-thinking article ‘Making cybersecurity an adviser business opportunity’, Tech Reporter at InvestmentNews, Ryan Neal, makes a case for how advisers can become the clients’ first line of defense to keeping their financial lives safe.
Ryan explains how the advisor client conversation can change to:
“My idea is to change how we discuss cybersecurity away from a scary, complicated technology issue to a potential money-making opportunity. Instead of a threat that could destroy your business, what if cybersecurity became a service advisers provided alongside financial planning and portfolio management? What if advisers become clients’ first line of defense to keeping their financial lives safe?”
Active monitoring and implementation of cybersecurity protocols and procedures using leading edge technology keeps your business and your data safe and secure.