The Institute for Innovation Development
- an educational and business innovation network for growth oriented financial advisors and industry executives - will be having a regional Financial Services Innovation Forum in New York City on Thursday 6/23 8:30AM-12:30PM. The event is being hosted by the NASDAQ
at its One Liberty Plaza headquarters in lower Manattan. The Institute will be bringing together a cross-section of our strategic partners, Founding members, and innovation experts from our Advisory Board to discuss progressive industry topics and explore new initiatives and resources from the Institute. All stakeholders and their guests are cordially invited!
Feature guest speakers include:
Mark Landis & Andrew Dassori, Wavelength Capital Management
- an innovative money management firm leading the efforts in connecting artificial intelligence(AI) and the ongoing academic research supporting AI to the investment process. Besides working with institutional clients, Wavelength works with other money managers and advisors providing an AI overlay across their portfolio management process.
Startupbootcamp FinTech pitch session
- Startupbootcamp is one of the largest startup support organizations and FinTech accelerators in the world. Besides running accelerators in 11 major technology hub cities across the globe, Startupbootcamp takes part in over 100 FastTracks and technology conferences all over the world each year. Startupbootcamp FinTech NYC will be running a FinTech pitch session for us with three early-stage FinTech companies from their NYC accelerator.
Hitendra Patel PHD, IXL Center
- Leading a global innovation consulting company IXL Center based in Cambridge, Hitendra has not only helped drive innovation transformation initiatives at large corporations, but also helped many small-medium businesses globally build innovation capabilities. For the past 5 years, he is also dedicated to building the world’s largest start-up accelerator for budding young entrepreneurs through the Hult Prize in collaboration with President Bill Clinton and his team. As a Professor of Innovation, he has taught innovation courses at top MBA universities and Executive Education programs worldwide. He is also a thought leader in innovation having written books, articles and whitepapers, and case studies. Hitendra will be sharing his knowledge on what he has learned about training business leaders on innovation and some of the novel ways, like IXL's Innovation Olympics program, that his organization as developed to jump start innovation at companies in record time.
Bill Trigleth, Cannon Financial Institute -
As the Director of Research and Development for Cannon, Bill coordinates Cannon's efforts to gain deep understanding of financial services client needs, the changing environment in which advisors operate and the trending consumer preferences that impact how to best serve the market and deliver financial services. Bill will be speaking about the IID Advisor Practice Management 3.0 initiative and the need for business innovation training for financial advisors and industry executives.
- An overview of leading NASDAQ innovation projects and new services for financial advisors will be discussed.
Here are some of the Institute's initiatives and programs we are developing and will also be discussing:
1. Advisor practice management 3.0
- developing 2 levels of innovation best practice training for growth-oriented advisor groups (keynotes/workshops/training series/Advisory Board innovation experts)
PracMgt 1.0 = core business/marketing training - excellent and needed training but designed and works best in a stable environment, not rapid business change
PracMgt 2.0 = tech/digital marketing training - vital, but technology is a tool, not the solution
PracMgt 3.0 = innovation best practice training = becoming a continuously self assessing firm that can adapt to ongoing external business & cultural changes to remain relevant and profitable - innovation mindset and 4 business decisions/steps needed now.
2. "redefining retirement" "entrepreneurial services" & "community innovation engagement" programs
- 3 specific local community innovation marketing/branding opportunities
Advisors as social entrepreneurs - Another component and goal of the institute and the above programs are to mobilize the financial advisor community to become recognized as "social entrepreneurs" by being more fully aware and active in supporting local/regional entrepreneurial efforts and economic development. The Institute is developing strategies for advisors on how to find and collaborate with startup community leaders in their communities. This can provide advisors with a powerful local community engagement strategy that will help them work with and support business owners, CEOs/CFOs, family offices, millennials, educational institutions, and local community centers of influence.
3. FinTech Radar program - building more communication & access between start-up community and financial services leaders to support access to latest new ideas, technologies, investment products, platforms and client engagement services.
For more information on the Institute and list of benefits for joining, visit:
Call with any questions or for further details. Love to hear from you. We hope to see you there!
Founder and Dean
Institute for Innovation Development