I am a partner at Ela Financial Group in Wyckoff, NJ. I started in personal finance as an intern back in 2003.
Most technology is available to any adviser at a reasonable price. We use MoneyGuidePro, Morningstar and Riskalyze, and so can everyone else.
Having the technology isn't enough anymore
42% of U.S. investors said they had a brokerage account in 2018, according to a survey from data research firm Hearts & Wallets, compared to 32% in 2010.
Americans are behind much of the developed world in their understanding of personal finance.