Sponsored by LPL Financial
In this episode, David Armstrong is joined by Scott MacKillop, CEO of First Ascent to discuss TAMP services, differentiating themselves from the competition through the team they have and how their team works. Scott shares the benefits of technology within the business, both for the advisors they work with and within their own team, while revealing the problems that arise from a legal and fiduciary standpoint when advisors don’t understand the context surrounding TAMP and its uses with clients.
- How First Ascent has adapted to a digital workspace and how they have benefited
- Why they acquired a client onboarding technology to increase value
- The value of TAMP for advisors and clients, including why advisors are looking for TAMP software, how it is implemented, and what clients get out of the technology
- The legal and fiduciary problems surrounding TAMP-based services used by advisors without consideration
Listen to the Advisor Innovations Podcast