A Virtual Workshop From NextChapter
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Industry organic growth has stalled. Powerful forces are shaping our forward path. Some industry leaders are bending the innovation curve to keep growing while competitors struggle.
Register Here
Join us January 25, when we look more closely at:
- The Four Unstoppable Trends Facing the Advice Industry
- Chasing the Consumer – The Importance of Consumer Focus
- PEAK 65TM – Longevity is Here to Stay – But What Does That Mean?
You will also hear from two industry CEOs about how they are taking on the opportunity of change and attend a NextChapter Innovation Workshop about applying innovation in the current marketplace.
Our faculty will provide the insights and perspective to help you win the battle for organic growth.
Register Here
AGENDA
12:00 – 12:30pm Eastern Time
The Four Unstoppable Trends Shaping Asset and Wealth Management
Organic growth has stalled in both asset and wealth management. The underlying trends include the impact of increased consumer expectations, new service preferences, provider capacity and the looming demographic challenge of longevity.
What are the four key trends – and what are the leaders doing to win?
Steve Gresham, Managing Principal, NextChapter
Nalika Nanayakkara, Managing Partner, Americas Financial Services EY
12:30 - 1:15pm Eastern Time
Innovation Leadership Session
Follow the Consumer: The importance of client focus
The consumer wants more from the financial advice industry. 70 million baby boomers still control most of the industry’s assets and profitability and their needs have shifted to retirement and surviving their longevity. More “protection”, better certainty of outcomes and simple listening are needed. Hear how the leaders of two big competitors – Fidelity and Merrill Lynch – view the marketplace and learn what they have in common.
Kathleen Murphy, Board Director at Prudential Financial and former President, Personal Investing, Fidelity Investments
John Thiel, Board Director and former Head of Wealth Management, Merrill Lynch
Pre-reading here: https://nextchapterinnovation.com/how-the-best-advisors-are-getting-better/
1:15 - 1:45pm Eastern Time
CEO Innovation Spotlight — Reed Colley, CEO, Summit Wealth Systems
Theodore Levitt, a storied Harvard Business School professor and Harvard Business Review editor, once observed: “Creativity is thinking up new things. Innovation is doing new things.”
Reed Colley has innovated in a big way.
- He will explore the dynamics of creativity and innovation today.
- Share what it took to build first-of-their-kind tech tools and platforms and how he and his team overcame obstacles to do very new things.
- He listens intently to the marketplace, to research, and to users. These conversations get to the heart of innovation.
Hosted by Jack Sharry, EVP and Chief Growth Officer, LifeYield
1:45 - 2:30pm Eastern Time
Innovation Studio: PEAK65: Longevity is Here to Stay - Get Ready!
More Americans turn 65 in 2024 than in any year – ever. Historic longevity is the underlying trend changing the advice industry and society overall. Clients and their families face difficult choices and need assistance. This session provides the Peak65 research and backdrop for providing retirement solutions, plus:
- the implications for individuals and their financial advisors for the use of protected income strategies to improve investment portfolios
- how the world of retirement plans will help improve retirement outcomes
Anne Ackerley, Head of the Retirement Group, BlackRock
Jason Fichtner, Ph.D., Chief Economist at Bipartisan Policy Center & Head of ALI Retirement Income Institute
Tim Seifert, Head of Retirement Solutions Distribution, Lincoln Financial Group
Pre-reading here: https://nextchapterinnovation.com/the-retirement-opportunity/
2:30 - 3:00pm Eastern Time
CEO Innovation Spotlight — Michael Liersch, Head of Advice & Planning, Wells Fargo
Theodore Levitt, a storied Harvard Business School professor and Harvard Business Review editor, once observed: “Creativity is thinking up new things. Innovation is doing new things.”
Michael Liersch has innovated in a big way:
- He will explore the dynamics of creativity and innovation today.
- Share what it took to build first-of-their-kind tech tools and platforms and how he and his team overcame obstacles to do very new things, including LifeSynch.
- He listens intently to the marketplace, to research, and to users. These conversations get to the heart of innovation.
Hosted by Jack Sharry, EVP and Chief Growth Officer, LifeYield
3:00 - 3:45pm Eastern Time
Organic Growth Strategies for 2024
Leading advisory firms are engaging clients with strategies to retain existing clients and grow assets. This second Innovation Studio of our program moves on to highlight:
- Using alternative investments to enhance existing portfolios
- The increasing role of portfolio and account technology to help create better client outcomes and an easier advisor experience
- How longevity and planning solutions will both retain clients and engage Gen2 adult children by focusing on the preparation of Gen2
Hosted by Cheryl Nash, Chief Customer Executive, InvestCloud
Tom West, CLU, ChFC, AIF, Senior Partner, Signature Estate & Investment Advisors, LLC
Michael Keogh, Managing Director, iCapital
Michael Roth, Global Chief Product Officer, Digital Wealth, InvestCloud
3:45 - 4:00pm Eastern Time
Parting Shots – Program Review and Summary
Steve Gresham, Managing Principal, NextChapter
Nalika Nanayakkara, Managing Partner, Americas Financial Services EY