Trends with Benefits #15: The Involuntary Technology Revolution with Dani Fava
16 June 2020
The COVID-19 pandemic and shelter-in-place orders ushered in a wave of technology adoption at an accelerated pace. Our ways of working, exercising and communicating have had to adapt and perhaps have been changed for the long-term.
My guest in this episode of Trends with Benefits refers to this phenomenon as the "involuntary technology revolution". She is Dani Fava, Director of Innovation at TD Ameritrade Institutional and her job is to be on the hunt for new ideas and emerging technologies to help advisors and investors.
The Tipping Point
Forced to adapt, we all are fortunate to live in a time where technology proved robust enough to facilitate ongoing commerce (for some businesses), entertainment, exercise and connection with loved ones, even at a distance. What's interesting now is to ponder how our lives may change.
Now that it's been proven people in many businesses can operate remotely, would you go back to the office if you weren't forced to? Would you move to a low tax state? It was interesting to hear from Dani about a survey of Registered Investment Advisors on the possibility of giving up their office entirely.
One area of investing that was thrust into the spotlight given the market swoon in March is investor risk tolerance and behavior. This has always been something hard to pin down in order to make sure an investor's portfolio is adequately suited to their ability to withstand market volatility, but artificial intelligence (AI) may offer a solution. We also spoke of the increasing trend in AI for business and investing and how to evaluate different models.
Related Insights
IMPORTANT DEFINITIONS & DISCLOSURES
This material may only be used outside of the United States.
This is not an offer to buy or sell, or a recommendation of any offer to buy or sell any of the securities mentioned herein. Fund holdings will vary. For a complete list of holdings in VanEck Mutual Funds and VanEck Vectors ETFs, please visit our website at www.vaneck.com.
The information presented does not involve the rendering of personalized investment, financial, legal, or tax advice. Certain statements contained herein may constitute projections, forecasts and other forward looking statements, which do not reflect actual results. Information provided by third-party sources are believed to be reliable and have not been independently verified for accuracy or completeness and cannot be guaranteed. Any opinions, projections, forecasts, and forward-looking statements presented herein are valid as of the date of this communication and are subject to change without notice. The information herein represents the opinion of the author(s), but not necessarily those of VanEck.
The views contained herein are not to be taken as advice or a recommendation to buy or sell any investment in any jurisdiction, nor is it a commitment from Van Eck Associates Corporation or its subsidiaries to participate in any transactions in any companies mentioned herein. This content is published in the United States. Investors are subject to securities and tax regulations within their applicable jurisdictions that are not addressed herein.
All investing is subject to risk, including the possible loss of the money you invest. As with any investment strategy, there is no guarantee that investment objectives will be met and investors may lose money. Diversification does not ensure a profit or protect against a loss in a declining market. Past performance is no guarantee of future results.
Related Insights
16 April 2024
19 March 2024
05 March 2024
22 February 2024
