FutureProof Advisor Podcast30 Nov 2022

Adding Automation to Your Wealth Management Firm with Tim Welsh

Tim Welsh, CFP®, President, CEO and founder of Nexus Strategy, LLC, a leading wealth management consulting firm, joins me on today’s episode of Bridging The Gap. One of the most insightful, knowledgeable members of our community, Tim shares his insights about wealth tech, the industry as a whole, and the technology within our industry.

We discuss Tim’s views for the future of technology, where he sees it going, stepping away from the “white glove service” to add automation to your firm, and the new marketing rule the SEC has introduced. We also dig into how advisors can get lost in their existing success and lose the opportunity to grow.

This is a favorite conversation of mine with a favorite person in our industry.

Guest Bio:

Timothy D. Welsh, CFP® is President, CEO and founder of Nexus Strategy, LLC, a leading consulting firm to the wealth management industry. Nexus Strategy’s primary focus is working with leading organizations to best market their products, services and technology to the independent advisor community.

Prior to founding Nexus Strategy, Tim was Director of Business Consulting Services for Schwab Advisor Services where he led the development and marketing of practice management resources for independent advisors. While at Schwab, Tim also held senior roles in Strategy, Marketing, Advertising, PR and Industry Content development.

Prior to joining Schwab, Tim was vice president at Merrill Lynch where he was responsible for marketing, product development and financial advisor training for the financial planning group.

Tim is frequently quoted in the wealth management media on a wide range of business management and industry topics. He is the author of a number of industry white papers, a regular columnist for RIABiz, ThinkAdvisor, and wealthmanagement.com, and is a frequent speaker at industry conferences and events. Tim earned a bachelor's degree in Economics from the University of California, Berkeley and an MBA in Finance from the University of Colorado’s Leeds School of Business.

Tim holds the Certified Financial Planner, CFP® designation and served as an elected member of the Financial Planning Association’s National Board of Directors.

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