Whether you’re planning to integrate a financial wellness technology solution or a full-on digital transformation effort, here are a few ...
Questis has once again released a piece predicting what 2019 will bring for the financial wellness industry. While the company’s 2018 financial wellness trends article spent time defining financial wellness and bringing attention to American workers’ dire financial situation, Questis states that 2019 brings a ‘clearer picture and stronger understanding of the popular topic’. They highlight that the industry, specifically advisors and firms, understand now more than ever the value of financial wellness programs, and that having a comprehensive, integrated, technology-backed wellness program and strategy, is a plan defender, a business winner, a growth opportunity, and a revenue generator.
“We’ve known for a while that financial stress and its negative consequences is a huge issue for plan participants and sponsors alike,” says Steve Wilbourne, CEO Questis, “But what exactly advisors should do and how that changes their business model has been more difficult to clearly nail down until recently. Advisors and financial enterprises know they need to get something —that works —in market now, and they’re looking to us for help. We had an exciting 2018 and I can’t wait to see what 2019 has in store for us.”
This article focuses on what is expected to take place in the months and year to come. Predictions touch on advisor technology stacks, the increase in coach hires, quickly launched pilot programs, hard ROI for advisors, and more.
To view the release, click here.
Questis prides itself on its configurability and its ability to seamlessly work with any firm model.