Jamie Hopkins, the monetary planning knowledgeable and legal professional heading Bryn Mawr Belief’s personal wealth administration enterprise, has taken on a brand new position as a strategic advisor at Wealth.com, a supplier of digital property planning know-how for monetary advisors and customers.
Hopkins’ appointment comes about three months after Wealth.com’s management crew shaped a brand new advisory council that, within the phrases of co-founder Tim White, could be “devoted to serving to extra monetary professionals entry the tutorial assets and planning options they should ship refined legacy planning providers to shoppers.”
Talking with ThinkAdvisor in regards to the announcement, Hopkins says the world of monetary planning continues to develop extra demanding and complex, and shoppers expect assist with way more than simply the funding portfolio. In reality, with the impending expiration of key provisions of the Tax Cuts and Jobs Act of 2017, Hopkins expects property planning issues will turn into a serious shopper touchpoint within the subsequent 12 to 18 months.
Hopkins mentioned he would draw on his monetary planning and authorized expertise as he collaborates carefully with the corporate’s authorized and product improvement groups to drive additional innovation.
“I’ve been attending to know the crew for a 12 months or so now, and I’ve been very impressed,” Hopkins mentioned. “One factor I can say is that their doc creation course of is one wherein their AI tech not solely cuts down on the time required to do that planning, however it additionally delivers a superior consequence to what you could possibly do by hand. That’s actually spectacular.”
In keeping with Hopkins, there are a selection of peer organizations that may do a few of what Wealth.com does for monetary advisors and customers, however he sees Wealth.com as the present property planning service market chief. To that finish, Hopkins himself has beforehand invested within the firm.
