During hectic weeks that feature more time spent with PowerPoint and spreadsheets than in actual human conversation, the little moments really resonate.
And this week I had a moment like that thanks to Jack Sharry and Dani Fava, when they reminded of the great stories that so often underlie tech development. In short, during a meeting, Jack mentioned his podcast, and I looked it up and listened to the episode with Dani. On it, Dani shared her back story, which is a classic tale of necessity being the mother of invention.
TL;DR: She hacked a tech solution to her responsibilities in her first job, and that creativity led to an unnerving call that turned out to be opportunity calling. And that launched her career.
So why did this resonate? Because her story is like so many stories that are behind the tech solutions of today, which are feeding the solutions advisers will lean on tomorrow. And it happened during a conversation when we were planning our Future of Advice conference coming this fall.
The insights from this conversation, and the forward-looking attitude of these two wise partners, make creating this agenda an exciting prospect. And it’s the idea that someone is out there today, hacking a creative solution that will become the next new tech, that makes this an exciting time to be in financial advice.
Chicago-based Mesirow Fiduciary Solutions adds flexPATH's plan-level outsourced fiduciary book, boosting its retirement market reach to $164 billion.
Also, Raymond James's employee advisor channel adds breakaways from Wells Fargo and Stifel, while UBS welcomes an ex-Morgan Stanley duo in Indiana.
It promised guaranteed principal and 10% monthly returns. The SEC says it invested nothing.
Ten years after entering the fee-based annuity market, MassMutual Ascend says nearly half its lifetime sales came in the past two years alone – but barriers remain among fee-only advisors.
Amplify, WealthReach, Zeplyn and Zocks have unveiled partnerships aimed at automating portfolio management, content creation, account opening, and client communication.
Northern Trust’s Ken Lassner shows advisors how to convert volatility into after-tax portfolio gains
Dan Biagini of American Equity says the steady decline of pensions, longer lifespans and a reset in interest rates are rewriting how advisors build retirement income
