Advisor Group Hires Former Schwab Tech Exec As It Enters 'Next Phase'

From Financial Advisor:

Phoenix-based Advisor Group is adding an advisor fintech veteran to its leadership team as it enters a new phase of its digital strategy.

The independent broker-dealer announced today that it has hired Peter Clemson to the newly created position of senior vice president, digital solutions.

“Our next phase is how do we look at our client engagement tools and set up advisors to have better conversations with their clients throughout the pandemic?” said Jamie Price, Advisor Group CEO. “We already know that a robo-advisor platform is not going to replace an advisor. The pandemic has placed advisors front and center with their clients, but direct-to-consumer capabilities complemented by an advisor, or vice-versa, is a must-have. We’re pulling this together through a veteran like Peter, who has lots of experience in both direct-to-consumer and working with an advisor.”