When people are ready to invest, digital is their first stop
January may be when people set their New Year’s resolutions and hit the gym, but March and April are when people decide to get fiscally fit. These months are the most popular time of the year to open financial investment accounts. When I opened my first investment account, I went to a physical location and sat down with an adviser to talk about my options. But that’s not the way people are shopping today. The way people are discovering information and narrowing down their options has fundamentally changed. In this Age of Assistance , people expect their shopping experiences to be frictionless, personal, and helpful. We wanted to dig into how people are shopping for financial investment products and services, so we partnered with the Boston Consulting Group. Our key takeaway? Wealth management customers at all levels rely heavily on digital to help them make decisions at every step of their journey—even if they don’t sign up for an account online. Researching ea...