Colleen Bell is the President of Innovation and Experience at Cambridge Investment Research, a company dedicated to providing comprehensive financial solutions for wealth management professionals. Over her 18-year career at Cambridge, Colleen has significantly contributed to the company's growth, focusing on enhancing client experiences and driving innovation in the wealth management industry. Previously starting her career at the SEC, Colleen has a passion for travel and cultural exploration with her family. In her role, she emphasizes the importance of moving beyond traditional technology focuses to deliver holistic, enriching experiences for both advisors and their clients.

In this episode…

A generational shift is underway in wealth management as established advisors prepare to pass the torch to a new wave of professionals. How is the industry responding to this transition, and what challenges and opportunities lie ahead for emerging talent?

According to Colleen Bell, a visionary in the wealth management space, the key to this transition is fostering an industry-wide focus on mentorship and community. She highlights the importance of providing younger advisors with environments where they can learn alongside experienced professionals, ensuring they gain the skills needed to lead in the future. This shift is especially timely, given the growing demand for technology-driven solutions that align with the digital expectations of today's clients. As more seasoned advisors contemplate succession, Colleen sees this focus on innovation and experience as crucial to sustaining the industry’s growth and relevance.

In this episode of The Beacon Flash Podcast, Chip Kispert sits down with Colleen Bell, President of Innovation and Experience at Cambridge Investment Research, to discuss the evolving advisor-client relationship and how firms are preparing for a “succession tsunami.” They explore how technology reshapes advisor services, the importance of attracting younger talent, and the changing dynamics in client expectations.

Alan Moore is the CEO and Co-founder of AdvicePay, a platform that facilitates compliant payment processing for financial advisors offering fee-for-service financial planning. Under his leadership, AdvicePay has revolutionized how financial planners are compensated, addressing the limitations of traditional commission-based models and enabling scalable solutions for larger firms. As an advocate for fee-for-service financial planning, Alan is dedicated to helping advisors move away from traditional asset management models. With a degree in financial planning from the University of Georgia, Alan has a background in running his own RIA firm, where he focused on serving next-generation clients.

In this episode…

Financial planning is often seen as an additional service bundled with wealth management, but what happens when clients don't meet asset minimums? Can younger clients, still building their wealth, access high-quality financial advice without massive portfolios? Is the industry missing a critical opportunity by overlooking these clients?

According to Alan Moore, a pioneer in financial advising, the answer lies in rethinking how advisors get paid. He highlights that people are more than willing to pay for fiduciary financial advice — especially when they understand that “free” often means becoming the product. By offering subscription-based financial planning, advisors can reach younger, high-earning clients who might not have assets to manage but still need guidance. This shift not only opens new revenue streams but also democratizes access to financial advice, making it available to those who need it most.

In this episode of The Beacon Flash Podcast, host Chip Kispert speaks with Alan Moore, CEO and Co-founder of AdvicePay, to discuss the evolving role of financial advisors and the growing demand for fee-for-service models. They dive into how compliance, technology, and niche specialization are driving this change. Alan also shares insights on the shift toward independent advisory models and the importance of building client trust through transparent pricing.

Chip Kispert is the Founder and Managing Partner of Beacon Strategies, LLC, a consulting firm that helps wealth management companies streamline operations and integrate technology solutions. With decades of experience in the financial services industry, Chip specializes in bridging the gap between wealth management firms and solution providers. He has led numerous initiatives and is the creator of Beacon’s exclusive roundtable series, where industry leaders gather to discuss emerging trends and challenges in the field.

In this episode…

The wealth management industry is evolving rapidly. Advisors face new challenges, from managing complex client needs to integrating ever-changing technology. How are firms adapting to these pressures, and what strategies can help bridge the gap between advisors and the tools they need to succeed?

According to Chip Kispert, a leading expert in the industry, the solution lies in becoming a bridge between wealth firms and solution providers. He highlights that advisors struggle with technology fatigue, trying to piece together various platforms while prioritizing client relationships. By streamlining processes and integrating technology more effectively, firms can alleviate this burden, allowing advisors to focus on their core mission: helping clients achieve financial success. Chip also underscores the need for thought leadership and collaboration, particularly through exclusive, invitation-only roundtables that foster innovation and shared learning.

In this episode of The Beacon Flash Podcast, Chip Kispert is interviewed by Chad Franzen of Rise25 to discuss the future of wealth management. They explore key trends, including the impact of technology on advisor workloads, the importance of unbiased consulting, and how roundtable discussions are shaping industry leadership. Chip also shares valuable insights on how firms can stay ahead by maintaining strong, collaborative relationships between advisors and solution providers.