Growing demand for qualified wealth advisors is a pressing issue in the U.S. due to a talent shortage.
Stephen Tanenbaum, the founder of Rainbook, explores how philanthropy, technology, and financial advisory services come together. Stephen explains how AI and machine learning can improve the way clients interact with their advisors, while still stressing the importance of human connection.
Stephen discusses the rising need for qualified wealth advisors, the differences between fiduciaries and brokers, and some tips for picking the right financial advisor. Stephen also shares how Rainbook carefully selects its advisors and the creative ways they engage with clients and ensure transparency.
Listeners will gain helpful tips on how technology and proper education can improve their financial journeys and also get an exciting look at Rainbook’s vision for the future of financial advisory services.
Key Moments
00:00 Passion & Fiduciary Responsibility
04:49 Fiduciaries: Client First, No Commissions
07:53 Choosing Trustworthy Advisers
11:39 Benefits of Holistic Financial Firms
20:38 Client Fees vs. Industry Benchmarks
29:45 Technology in Client Interactions
Connect with Stephen Tanenbaum
What is Beyond Wealth?
Are you prepared to break free from the conventional notions of luxury and wealth and elevate a legacy that will be preserved for generations to come?
Welcome to Beyond Wealth: Innovating for Life Elevation.
Unlock the secrets to managing and growing family wealth while preserving legacy. In each episode, we bring you cutting-edge strategies and expert insights on topics like asset management, tax planning, family governance, and innovative philanthropy.
Jonathan Fishbeck, Founder and CEO of EstateSpace, leads our journey. With over 20 years of entrepreneurial experience and a commitment to innovation, Jonathan also dedicates his efforts to philanthropy, serving on multiple boards and driving meaningful change.
And now, Beyond Wealth.
EstateSpace: https://estatespace.com/
Podcast Produced by Old Soul: aoldsoul.com