The ability to pay online or via our phones has significantly reduced the need to carry cash or use checks. The real benefits produce collaboration and extend to playing an active role in managing your financial plan, especially if you work with a tech-savvy financial advisor. Financial advice: Not a one-stop shopThe past few years have witnessed the rise of the robo advisor. Many of the better financial planning programs used by financial advisors allow online collaboration and the instant sharing of data. This means that you can see what your financial advisor sees, making it easier to ask questions and receive a quick answer.

Source: Forbes March 08, 2017 21:41 UTC