As their business model undergoes significant innovation, firms find their strong technology teams lack the strategic vision and experience required to build an integrated advisory platform.
F2 Strategy brings that experience, as well as a deep understanding of the legacy broker dealer models. Our work with top advisory RIA and fee-based businesses and our focus on the connection between advisors and clients is ideal for broker dealers looking to innovate.
We start with connecting advisors with modern ways to engage their client base. By analyzing and redesigning client experiences and internal operations workflows, F2 Strategy brings the external world of client expectation down to ground level where changes and progress can be made to significantly improve outcomes.
Innovative technology can seem out of reach for firms with limited budgets. F2 Strategy has spent years innovating the consulting model to address the technology and operational needs of RIAs. Our Outsourced CTO (OCTO) offering is specifically tuned to help small, fast-growing RIAs obtain and integrate the technology they need to support their growth and improve advisor and client experiences.
This unique retainer model allows clients to access our expertise and bench of consultants throughout their technology journey. F2 Strategy helps RIAs develop a strategic technology roadmap. Like a client financial plan, this creates a linear journey to intelligently invest in operations and technology. We then partner with them to execute that strategy, implementing new systems, building the talent, and ensuring adoption to support overall firm growth.
Large complex wealth management firms face increased competition from smaller and more nimble firms that have garnered headlines, attracted away top talent and threatened to disrupt long established businesses. While firms know they must be vigilant in their technology investments, change in large institutions can be frustrating and slow.
We have a deep understanding of this juxtaposition between complex compliance requirements and modern technology needs. Many of our team members come from similar complex organizations. Our strategic approach treats the whole patient. For example, changes in operational efficiency can improve the client experience while new reporting capabilities spur changes in compliance and operations.
Younger generations of the family will naturally expect a more digital, real time and comprehensive experience around their wealth.
F2 Strategy brings family offices intelligent technology strategies that improve and streamline the internal workings of a family office will be critical for many years to come. From data architecture to reporting, our services for family offices run the spectrum of operations, technology implementation, structured process design and risk management.
Bank-based wealth management’s client stickiness and enviable internal cross sell opportunities are tremendous, yet many have fallen behind the expectations of their clients. To compete with more nimble RIAs and more modern wealth management firms, banks must reimagine how they win and maintain clients.
Wealth management’s complexity—OCC regulations, trust, and state-specific legal requirements as well as internal banker relationships—make it difficult for firms to find qualified advice. Unlike many consulting firms, F2 Strategy’s team members grew up in these complex environments. Our advice comes with far more experience and know-how than any of our peers.
F2 Strategy brings its entire capability set to our banking clients. Using historic drivers of the wealth business, we uncover opportunities to expand and improve and help our clients chart a course to increase market relevance and value to the parent company. We introduce modern technology and automation, lead trust system selection and conversion, and emphasize client digital experience. We also work with portfolio managers and trust officers to ensure adoption and generate excitement around these tools.
