October 1, 2015 4:13 pm

2015 FolioDynamix Client Conference: wealth management technology, thought leadership and partnerships

The 2015 FolioDynamix Client Conference, themed Innovation in Wealth Management  and held at the Broadmoor in Colorado Springs, CO Sept 14-17th, featured our most comprehensive agenda to date, including specific tracks for wealth management technology and investment management best practices. The collaborative setting brought together clients, prospects, investment managers and technology partners resulting in an open exchange of ideas, sharing of best practices and opportunities for our clients to solve their most pressing business needs. This year’s conference attendance was up 15% over last year due to even deeper engagement with our existing clients and due to the many new clients we’ve added in the past 12 months.

After two days of user group breakout sessions, industry keynote speaker, Joel Bruckenstein, kicked off the main event. He delivered a clear message about what those who provide investment services are facing today. “The risk is real. If you wait too long to embrace new technologies, it may be too late.” He was also of the opinion that many firms are not taking the growth in robo-advisors seriously. After the talk he and I agreed on a key point. Whether or not you agree that robo-advice is here to stay, or will be a direct competitor to your business, it is changing client expectations regarding how they want to engage and the types of tools they expect from their advisor.

Breaking out the conference into two sub-tracks (Investments or Technology) proved to be a big win for our clients. It gave them a way to zero in on what was most important to them.

The FDx Advisors team took us deep into the investments platform. Shari Hensrud-Ellingson, our CIO, analyzed the current robo-advisory space showing us how different their investment implementations and approaches are. Dave Chandler focused in on our research and due diligence process. Sarah Abernathy walked the group through FDx Advisors VisX investment solutions, portfolio strategies and their evolution. They were followed by our good partners at Federated Securities, Dana Investment Advisors, Horizon Investments, Southern Sun, RNC Genter and Brown Advisory.
audience-hands-upWe were also excited to talk about our expanding suite of integrations with key technologies. This is part of our strategy of delivering a single platform for the full lifecycle wealth management function, while also enabling easy integration to an ecosystem of supporting capabilities necessary to compete effectively in the fast-evolving wealth management market. Aaron Klein, CEO of Riskalyze, focused on how advisors can turn risk into an asset when working with clients. Hussain Zaidi, CEO of Advizr, sized the Gen X and Gen Y opportunity and how goals based planning is the top cross-sell tool in that market. Alexey Sokolin, COO of Vanare and Founder of NestEgg, showed how and why to create a robo-advice channel. Alan Giancaterino, EVP of Sales at Docupace, quantified the benefits of straight through processing. Kevin Cimring, CEO of Jemstep, tied it together with the do’s and don’ts of integrating robo-advice into your business.

Our goal for the conference was to discuss Innovation in Wealth Management and create opportunities for our clients to go home with new tools and resources that help their organizations become more successful. As we wrapped up the event, clients and partners alike made it clear that we succeeded more than in any other year. We look forward to the challenge of creating an even better wealth management event experience next year!

Once again, we’d like to thank all of our great sponsor partners who helped make this event possible.