All good things must come to an end.
Such was the case with Wealth Management EDGE, held this week at The Boca Raton resort in Boca Raton, Fla. The three-day conference brought in 1,600 attendees, including 1,000 financial advisors, for a mix of education, networking and fun on the golf course, the water and at the bar.
The last day of the conference featured more sessions focused on the event’s three tracks, business growth, ETF+ strategies and tech for growth, led by WealthManagement.com editors and industry leaders.
Panels with RIA leaders discussed how to manage organic growth, acquisitions and next-gen talent and clients. In a session entitled “RIA of the Future,” Merit Financial’s Kay Lynn Mayhue talked about how advisors need to listen to their clients about what they really want, be it cybersecurity help to protect their investments or elder care advice.
“The RIAs of the future are going to be the ones that are thinking about how to build a relationship that’s so impactful that if someone [asks] what do you pay for your advice, they would say ‘I have no idea, but that they are worth every penny of it, because you’re just providing so much value to that relationship,” she said.
During an invite-only session entitled “War Games,” Lieutenant General (Ret.) Rick Waddell of Academy Asset Management led advisors through a geopolitical threat simulation that challenged their critical thinking skills.
On the other hand, the speed painter was back for another day, the headshot photo booth was open, the winner of the Tech Demos was announced (congrats, Fynancial), the chihuahua Garbanzo made an appearance on stage, and the band Cougars closed the night with a high-energy set.
View the following gallery for more scenes from day 3 of WealthManagement EDGE and check out WealthManagement.com’s full coverage of all three days of the conference.