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Report: Advisers face high cost by failing to engage via technology
Financial advisers could be losing millions of dollars' worth of business by failing to embrace videoconferencing, social networking and other high-tech modes of customer engagement, according to Cisco's Internet Business Solutions Group. "[F]or a firm with $200 billion in assets under management and approximately $1.8 billion in revenue, the overall opportunity could be as much as [an estimated] $341 million," according to the study's authors.

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