INSIGHTS
Practical Technology Leadership for RIAs
Technology decisions become easier when leadership understands the risks, responsibilities and tradeoffs involved.
Explore articles, videos and resources designed to help RIA leaders make more informed decisions about technology strategy, cybersecurity, vendors, growth and innovation.
INSIGHTS
Practical Technology Leadership for RIAs
Technology decisions become easier when leadership understands the risks, responsibilities and tradeoffs involved.
Explore articles, videos and resources designed to help RIA leaders make more informed decisions about technology strategy, cybersecurity, vendors, growth and innovation.
Why RIAs Hire a Fractional CTO
Article Summary:
Your MSP can maintain systems, support employees and resolve daily technology issues. But who ensures that technology decisions support the firm’s strategy, manage risk and prepare the business for what comes next?
This article explains the leadership gap a fractional CTO fills, how the role complements an MSP and when an RIA should consider adding experienced technology leadership.
Technology Topics That Matter to RIA Leadership
Wealthtech Advisory focuses on the areas where technology decisions have the greatest effect on risk, operations and long-term growth.
No Clear Technology Roadmap
Technology decisions are made one at a time without a long-term plan connecting them to the firm’s business goals.
Technology Strategy and Roadmapping
Learn how RIAs can connect technology decisions with business goals, establish priorities and create a practical plan for the future.
Potential topics include:
- Building an 18-to-36-month technology roadmap
- Setting technology priorities
- Technology budgeting
- Reducing unnecessary tools
- Preparing systems for growth
- Establishing ownership and accountability
No Clear Technology Roadmap
Technology decisions are made one at a time without a long-term plan connecting them to the firm’s business goals.
Vendor Evaluation, Selection and Oversight
Learn how to evaluate technology providers, compare platforms and determine whether existing vendors remain appropriate for the firm.
Potential topics include:
- Vendor due diligence
- Product and platform evaluation
- Contract and renewal considerations
- Vendor-risk assessments
- Data access and data use
- Identifying overlapping systems
No Clear Technology Roadmap
Technology decisions are made one at a time without a long-term plan connecting them to the firm’s business goals.
MSP Accountability and Performance Management
Understand what an MSP should provide, how its performance can be evaluated and where its responsibilities differ from those of a fractional CTO.
Potential topics include:
- Reviewing MSP deliverables
- Evaluating recurring support issues
- Response-time expectations
- Backup and recovery responsibilities
- Security-service validation
- Holding the MSP accountable
No Clear Technology Roadmap
Technology decisions are made one at a time without a long-term plan connecting them to the firm’s business goals.
Cybersecurity Governance and SEC Compliance
Help leadership better understand its cybersecurity responsibilities, documentation needs and areas of potential exposure.
Potential topics include:
- Cybersecurity ownership
- Incident-response planning
- Data protection
- Business continuity
- Governance documentation
- Regulatory readiness
- Executive-level risk oversight
No Long-Term Technology Owner
Technology responsibility frequently falls to the founder, CEO, or COO, even when technology leadership is not their primary role.
Tools for Clearer Technology Decisions
As the Insights library grows, Wealthtech Advisory will provide practical resources RIA leaders can use to evaluate risks, prepare for important conversations and make better-informed technology decisions.
Future resources may include:
- Technology leadership checklists
- Vendor-review questions
- MSP performance-review guidance
- Cybersecurity governance resources
- Technology-roadmap planning tools
- AI-readiness considerations
- M&A technology due diligence guidance
No Long-Term Technology Owner
Technology responsibility frequently falls to the founder, CEO, or COO, even when technology leadership is not their primary role.
What Technology Question Is Your Firm Facing?
RIA leaders regularly encounter questions about systems, vendors, cybersecurity, integrations, AI and technology spending.
Submit a question Tim may address in a future article or video.
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Thank you for submitting your question. Tim reviews the topics RIA leaders are asking about and may address your question in a future Wealthtech Advisory article or video.
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Have a Technology Question That Cannot Wait?
Educational content can help you understand an issue. Some decisions require a closer look at your firm’s specific environment, priorities and responsibilities.
Start with an RIA Technology Leadership Assessment to discuss what your firm is facing and whether ongoing fractional CTO leadership may be appropriate.
