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As technology continues to drive significant changes in the financial services sector, advisors must learn to “evolve” in order to survive and thrive, Michael Kitces, head of planning strategy at Buckingham Wealth Partners and executive chairman and co-founder of XY Planning Network, said recently at the Fearless Investing Summit in Palm Springs, California.

“Two hundred years ago, one of the best-paying jobs in the world was making socks,” he said during the keynote “Five Industry Trends Reshaping Financial Advice.”

 

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