I've been working in the financial services industry for the past 12 years. Coming from the tech world, it was quite a shift momentum wise and originally was meant to be only a brief respite on the way to the next 'New New Thing' (still waiting).
This article: http://blogs.wsj.com/moneybeat/2014/03/07/the-incredible-shrinking-management-fee/
talks about a shift/disruption that is coming in the financial services market, specifically for fee only advisors.
In the 90's everyone and their grandmother had hot stock tips, only because the market was going up at an unsustainable rate and venture capital was pushing companies to IPO that had no revenue model, much less a sustainable business. Remember the 'we will make it up in volume' arguments?
The resulting fall-out was good for financial planners in that the average joe realized that it took a little more than randomly picking stocks to plan for a retirement that did not include the phrase 'Would you like fries with that?'
While I do not believe that a majority of 'boomers' will jump onto something like WiseBanyan, the Gen-X + 'ers, will. Social and mobile are forever inter-twined into our lives. While us 'old folks' have been slow to adopt, our kids and grand-kids, know nothing else. The 'secret sauce' of financial planning isn't all that secret, but it does require discipline and planning without the emotional swings that tend to decimate the average portfolio.
While lower fees are a good thing and can lead to higher returns, the calm advice and steady hand that pulls you away from the financial ledge, will continue to have value. What form this will take, remains to be seen - but I do think planners will see a shift over the next 10 years. Those that do not adapt, will wither and die.
WiseBanyan is interesting - check it out - it's in invite beta status (link below).