We’re gearing up for our second annual Digital Advice Conference on March 18-21 in Big Sky, MT. The conference will feature some of the most well-respected thought leaders in the industry and will take a deep dive into the latest trends in FinTech.
Before heading out, we checked in with one of our distinguished speakers, Tanya Steinhofer, CFA, CFP, Founder & Principal of Redwood Grove Wealth Management, to learn more about the integral role technology plays in her firm’s success and what she’s hoping to take away from the conference.
Tanya is passionate about helping busy families and single women achieve financial peace of mind. She has worked both on and off Wall Street during her 15-year tenure in the investment industry and has spent the last five years running Redwood Grove Wealth Management, a fee-only, comprehensive financial planning and wealth management firm.
1. What was your favorite part of the 2017 Digital Advice conference in Squaw Valley?
Being able to learn about the cutting-edge trends in digital advice while participating in one of my favorite sports – skiing.
2. What are you most looking forward to at this year’s conference in Big Sky?
Learning about some of the latest technology trends for advisors and finally skiing at Big Sky, a place that has long been on my bucket list.
3. How has digital advice changed your business?
It is enabling me to explore serving clients I wouldn’t otherwise be able to cost-effectively serve.
4. What are the top features you look for in automated wealth technology?
I have a long wish list of items for digital advice technology, including a comprehensive client portal that provides clients with a holistic picture of their finances (i.e., account aggregation), a to-do list shared with their advisor, a snapshot of their financial plan success meter and the ability to easily and quickly open new accounts, transfer money and securely share documents with a document vault. On the back end, I look for sophisticated rebalancing that can handle highly customized and complex portfolios and allow the advisor some control over the process that isn’t just a black box.
5. What do you plan to cover during your panel?
We’ll likely explore why there aren’t more women in the financial advisory business, why it matters, how to fix this issue and what women clients want from their advisors (male or female).
6. What do you hope to walk away from the conference with?
A better understanding of new technologies that will allow me to continue building a cutting-edge, highly efficient and scalable advisory business while maintaining a healthy work-life balance.
7. What do you hope the other conference attendees walk away with?
The realization that technology is not something to be feared, but something to be embraced as we strive to better serve our clients and build our businesses.