This year, Dimensional is celebrating 30 years of working with financial advisors, a collaboration that has helped change the way the world thinks about investing. To recognize that impact, we have compiled 30 ways that investors can benefit from the industry’s transformation. —Dave Butler, Co-CEO
With the rise of the independent financial advisor, a new financial advice model takes hold—one that puts the client at the center and changes the way advisors charge for services.
Regulatory rules obligate registered investment advisors to act in the best interests of their clients, which sets a higher standard for serving them.
To help clients manage multiple aspects of wealth, advisors take a central role in coordinating the services of accountants, attorneys, investment managers, insurance providers, and other third-party professionals.
Advisors apply new methods to identify a client’s financial objectives, attitude toward risk, return expectations, and financial traits. The insight informs more advanced financial planning and investment approaches.
With advanced research and robust analytics tools, advisors offer clients a more sophisticated view of the range of possible outcomes associated with different investment and personal budgeting strategies.
Access to global information networks expands an advisor’s influence as publisher, educator, thought leader, and coach. Serving in these multiple roles helps to create more informed, disciplined investors.
These communities offer investment education, quantitative tools, and professional networking opportunities to help advisors build and manage their practices while elevating the client experience.
Advisors recognize the importance of planning for business and leadership succession, which can help provide continuity of services and support for both current and future clients.