As the financial advice industry grapples with whether to proceed with in-person conferences, marketing tech platform Snappy Kraken announced Thursday it has pushed back its Jolt conference until 2022.
Originally scheduled for Oct. 20-22, the event will now take place on May 4-6, 2022 at the Aria in Las Vegas. The move follows Technology Tools for Today president Joel Bruckenstein’s decision to postpone the annual T3 Advisor Conference until next year.
Both wealthtech industry conferences were slated for the fall and postponed as a result of concerns around the delta variant of Covid-19.
“Moving the event seven months out is a decision arrived at after careful consideration and discussion with Snappy Kraken stakeholders,” the company said in a statement. “We are hopeful that by the time JOLT! kicks off next Spring, the Covid-19 delta variant’s spread will be better contained.”
Snappy Kraken CEO Robert Sofia detailed via Twitter three reasons for its decision to postpone the event including physical and mental health concerns, quality of the experience and the firm’s values.
Over a year has gone by since the coronavirus pandemic shuttered doors to in-person conferences, and the industry responded accordingly by converting most live events into virtual experiences.
There was hope for the industry to meet face-to-face again as Covid-19 vaccines were being distributed across the country, but the continuing concerns about coronavirus transmission have forced some to make the decision to postpone.
Other in-person industry conferences scheduled for this fall, including Riskalyze 2021 Fearless Investing Summit, have not announced plans to postpone.
While industry statistics pointing to a succession crisis can cause alarm, advisor-owners should be free to consider a middle path between staying solo and catching the surging wave of M&A.
New joint research by T. Rowe Price, MIT, and Stanford University finds more diverse asset allocations among older participants.
With its asset pipeline bursting past $13 billion, Farther is looking to build more momentum with three new managing directors.
A Department of Labor proposal to scrap a regulatory provision under ERISA could create uncertainty for fiduciaries, the trade association argues.
"We continue to feel confident about our ability to capture 90%," LPL CEO Rich Steinmeier told analysts during the firm's 2nd quarter earnings call.
Orion's Tom Wilson on delivering coordinated, high-touch service in a world where returns alone no longer set you apart.
Barely a decade old, registered index-linked annuities have quickly surged in popularity, thanks to their unique blend of protection and growth potential—an appealing option for investors looking to chart a steadier course through today's choppy market waters, says Myles Lambert, Brighthouse Financial.