Welcoming the return of industry conferences

Welcoming the return of industry conferences
Betting that conditions will improve and restrictions be lessened in coming months, a sprinkling of fintech companies and others in and around the financial advice business have announced a resumption of live conferences to be held later in the year.
FEB 08, 2021

The calendar tells us the halfway point of winter has just passed. While much of the nation may continue to endure arctic blasts and heavy snows in the weeks ahead, the noticeably longer days since the start of the year are a sure sign that warmer, sunnier days are not too far away.

In a metaphorical sense, the same can be said about the COVID-19 pandemic: It’s far from over, but the arrival of vaccines are the medical equivalent of snowdrops or crocuses, signaling the tentative beginnings of a reawakening.

Betting that conditions will improve and restrictions be lessened in coming months, a sprinkling of fintech companies and others in and around the financial advice business have announced a resumption of live conferences to be held later in the year. We applaud their efforts and hope that a full range of live events returns as quickly as safety concerns allow.

CHIEF TAKEAWAY

In the interests of full disclosure, InvestmentNews has a financial stake in a return of live industry events. (Although if you are a subscriber and receive our emails and notifications, it should come as no surprise that we produce many conferences, summits and other events.) 

Aside from the business interests of conference promoters, however, the resumption of in-person industry get-togethers, regardless of who puts them on, is a true positive for advisers, the industry in general and ultimately, the individuals and families the industry serves. 

Education, of course, is the chief takeaway from conferences. With the pandemic turbocharging the growth of videoconferencing, virtual conferences have come to fill the need for expert information and insights. Like others, InvestmentNews has produced many of these virtual events, and they have been very well received.

SERENDIPITY

But the value of live, in-person events goes far beyond the factual information imparted by presentations and break-out sessions. In large part, it can be summed up in one word: serendipity. 

Whether it’s on the plane getting to a conference, at the hotel where you’re staying, on a lunch line at the event, over a drink, waiting for a session to begin or in countless other random moments, you never know whom you will meet, what you might unexpectedly learn or what solution you might discover from a stranger you just met who had a similar problem. 

Unexpected, unplanned and uncharted personal interactions are what make conferences so valuable. 

In fact, on a small scale, conferences replicate the dynamism and creativity of a city, where a mix of people are concentrated in a compact physical space and can connect informally in ways that the go-it-alone nature of wide open spaces — as desirable and necessary as they are — simply can’t match. 

So let’s continue meeting virtually, because the ability to share ideas and learn in an almost-physical environment is a technological gift not to be minimized. And when live, in-person events come back in full, let’s celebrate.

Latest News

Advisor says retirement plan defaults still target an average
Advisor says retirement plan defaults still target an average

ERISA Investment Fiduciary Philip Chao says most retirement plans use target date funds as a one-size-fits-all default that ignores individual circumstances

Ex-broker in Florida gets more than six years for stealing $2 million from senior
Ex-broker in Florida gets more than six years for stealing $2 million from senior

Eric J. Stone was fired by Fidelity in 2021 after facing claims he took loans from clients.

Vistria takes majority stake in Curi Capital in fresh RIA deal
Vistria takes majority stake in Curi Capital in fresh RIA deal

Chicago-based Curi Capital gets new majority owner as $14 billion RIA eyes acquisitions and expanded family office services

WealthReach, VastAdvisor tie-up takes aim at advisors' cold outreach problem
WealthReach, VastAdvisor tie-up takes aim at advisors' cold outreach problem

Partnership pairs organic lead detection with paid ad targeting to help end "spray-and-pray" marketing for growth-seeking advisory firms.

LPL taps Wells Fargo vet as new chief technology and information officer
LPL taps Wells Fargo vet as new chief technology and information officer

Jonathan Lewis joins the wealth management giant as it proceeds with a $2 billion AI and technology push for advisors.

SPONSORED Direct indexing webinar targets tax-loss harvesting amid market swings

Northern Trust’s Ken Lassner shows advisors how to convert volatility into after-tax portfolio gains

SPONSORED Who builds the income when the pension disappears?

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