Advisors Take Advantage of Best in Breed Fintech Showing at T3


Recorded at the T3 Advisor Conference 2022.  Presented by:

Advisorpedia interviewed JP Pattinson, Partner & VP of Technology at Merit Financial Advisors at the T3 Advisor Conference in May, 2022.

Resources: Merit Financial Advisors

Related: Why Advisors Need a Great Data Culture


My first time at T3 this year, I'm really excited to, to really take the approach of not coming into with an agenda or assuming that I know really what I'm walking into, but more taking it on as a learning opportunity, you've got a room full of great vendors. And you know, we always don't, we don't know what we don't know. . .

So I like to take the approach, let's learn from kind of the best in breed and, and really kind of take, you know, everything that I can from this, and bring it back to my team and dive into it a little bit more and look at where we want to go into the future. You know, our firm is big in the m&a space.

So we take a approach to really be best in breed when it comes to our technology, and tech stack. We've really designed that in an in an effort to really focus on how we can build to scale our technology, as we acquire more and more firms like that is an important piece to to our strategy. It's really built on a chassis of owning our own data. Right?

I think that that's one of the most important things in this context is how do we be nimble to be best in breed, right? Technology is always advancing. So really to stay ahead of that we have to have that nimbleness to be, you know, kind of visionary and go where the puck is going. Right. But also know that we have to kind of route in our own data and have that as a as a staple piece. So where we are in our journey, right, with technology, we've got been best in breed, we've stood up a lot of great, great, I'd say, solutions, you know, and we've got some great policies and procedures in place that we've defined, which is kind of the stable there. But where we really need to, to kind of go next is integrating those systems together, right? And automating having really our technology work for us rather than us working for technology.

So I think that's the kind of the rhetoric for a lot of people here, quite frankly, is okay, we've got great tools. Now how do we get them talking? I think for us, the support that we're going to have around our data warehouse and being able to integrate one source of truth with multiple different platforms and flow data from one to another and automate some of those processes is going to be key