How Fintech Is Changing the Landscape of Financial Planning

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Thanks to fintech, the way youmanage income, expenses, investments, and other finances is rapidly changing.

Additionally, consumers can now more affordably connect with certified financial planners via online platforms.

Virtual consultations addeven more convenience, helping to remove the previous barriers to financial advice.

The tools help simplify financial planning and have been highly popular among consumers.

However, trust in fintech is not universal, he added.

While this democratization of investing can be empowering for individuals, it also carries risks, he added.

Its about giving people the tools to succeed, while also providing a safety net of expert guidance.

Fintech is also driving innovation in many ways.

Woods also predicts that fintech will continue to revolutionize financial planning, including with more advancedAI and machine learningtools.

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