Anthony Stich is chief operating officer at Advicent Solutions, a leading provider of SaaS technology solutions for the financial services industry, servicing the world’s largest financial institutions.
Which came first: the financial plan or financial planning software?
On a superficial level, this question doesn’t seem to hold the philosophical weight of other chicken-or-the-egg scenarios, but over the past 30 years, financial planning methods have evolved so synchronously with the supporting software itself that financial institutions both large and small often find themselves discussing their planning strategy within the rigid confines of the technology that supports it. That’s not how it should work, and it is certain to change in the coming years.
