April Rudin

1 month ago | forbes.com | April Rudin

Imagine walking into a wealth management firm in 2034 and finding half the desks empty. This isn’t a far-fetched scenario—it’s a looming reality. According to a recent McKinsey report, the industry could face a shortfall of nearly 100,000 financial advisors over the next decade. As experienced professionals retire and fewer young advisors enter the field, the shortage is going to be much more than just a hiring headache, it’s going to be an existential crisis for firms that don’t adapt.

1 month ago | forbes.com | April Rudin

As I research the evolution of wealth management for my upcoming book, I’m constantly on the lookout for firms that are doing things differently—breaking away from the pack and redefining what it means to serve high-net-worth families. I recently spoke with Matt Fleissig, co-founder and CEO of Pathstone. Matt shared valuable insights into the firm’s forward-thinking approach, one that reimagines the entire client experience.

2 months ago | forbes.com | April Rudin

The wealth management industry is undergoing a radical transformation. Traditional models, built around in-house investment strategies and proprietary technology, are being challenged by a demand for more accessible, scalable, and tech-driven solutions. Today’s clients—especially digital-native, younger investors—expect seamless, highly personalized experiences, while firms face mounting pressure to reduce costs, increase efficiency, and expand their service offerings.

2 months ago | forbes.com | April Rudin

In today’s digital-first world, investors expect more than generic thought leadership or one-size-fits-all advice. They want relevant, actionable insights that align with their financial goals and personal values. Wealth managers who deliver high-quality, client- centric content won’t just stand out in a competitive market—they’ll build lasting relationships with clients. Despite this demand, wealth management firms are falling short.

Jan 15, 2025 | linkedin.com | April Rudin

As economic, technological, and demographic shifts reshape the wealth management industry, forward-thinking advisors can position themselves as indispensable partners to a new generation of clients. Here’s how wealth managers can capitalize on 2025’s key trends to stand out and grow their businesses. Focus on Agility and Expertise In an era of continued economic volatility, wealth managers who effectively navigate complex markets will stand out.