The buzz at RIA event in San Diego was how to get buzzed, dole out buzzes as inducement to automate practices
The intellectual puzzle of the Envestnet-Yodlee deal was one game played but Laser App's featured speaker took gaming deeper
Stephen Winks
The reason why software executives are at a loss to explain Yodlee is they are focused on very narrow applications that are ancillary to advice. Envestnet must address the advisory services business in its entirety, with that context, Yodlee makes great sense if one is interested high level expert advisory services with is beyond the scope of most software vendors. But there is pressure on Envestnet to execute an overarching expert advisory services strategy. Critics may be correct, but if not, they are vulnerable to what is coming, putting brokerage and custody services on a far higher advisory service plane.
SCW
Stephen Winks
Mike
Great article – Great event.
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