Future of Finance – In the Money

The Role of Human Connection in the Age of Algorithms (Ep. 23)

By In the Money | April 10, 2025

What role does human connection play in the ever-evolving world of wealth management?

In this episode, Rusty Sommer speaks with Kate Healy of AdvoKate IQ about the importance of personal interaction in an industry increasingly dominated by technology. Rusty and Kate navigate through the dynamics of integrating human elements with advanced technology, exploring cultural awareness, next-gen talent acquisition, and adaptable service models.

Kate shares insights on:

(01:24) The irreplaceable value of human connection in client relationships and service
(02:56) How changing demographics demand adaptation in talent acquisition and cultural awareness
(08:57) Building scalable businesses while nurturing the next generation of financial talent
(10:47) Crafting a seamless and personalized client experience using modern technology
(20:57) Leadership lessons in empowering the next generation in finance

This episode is a must-listen for those interested in understanding how to balance the digital transformation in finance with the critical human element. Don’t miss out, hit play!

Connect with Kate Healy:

LinkedIn: Kate Healy

Connect with Rusty Sommer:

About our Guest:

Kate Healy is CEO and Founder of AdvoKate IQ, LLC, designed to help wealth management firms with their growth strategy, focusing on the intersection of organic growth and workforce development. Kate offers diverse leadership experience as a financial services industry executive and nonprofit leader. Develop and guide high-performing teams. Deliver innovative, client-first marketing. Embrace change and modernize leveraging technology and business intelligence. Lead with humor and empathy.

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The Future of Wealth Management: Predictions for 2025 (Ep. 18)

By In the Money | February 5, 2025

What will shape the financial landscape by 2025? Join us as we dive deep into predictions for the future of wealth management.

In this episode, Rusty Sommer dives into the future of wealth management with an exciting lineup of guests from the 2024 MarketCounsel summit: John O’Connell, Kartik Srinivasan, Oleg Tishkevich, Kate Healy, Andree Mohr, Bill McFadden, Brian Hamburger, Joel Bruckenstein, Robb Baldwin, Tony Stich, and Amy DeTolla. They explore the big predictions for 2025, like how AI co-pilots and personalized client apps are set to transform the industry, why mega firms driven by private equity are emerging, and how personalization will redefine client experiences. Discover insights on trends like mergers, private equity’s impact on growth, and the looming cybersecurity challenges. The dialogue is rich with insights about the continual evolution of technology, regulation impacts, and strategic industry shifts.

Key Highlights:

(01:13) The role of AI co-pilots in enhancing productivity
(02:12) The expanding impact of mergers and acquisitions fueled by private equity
(04:41) The emergence of custom client applications for RIAs
(08:48) Challenges and changes in regulation and compliance
(13:07) The evolution of niche-based advice and technology solutions
And more!

Immerse yourself in this forward-looking discussion and get a head start on 2025’s transformative impact!

Connect with Rusty Sommer:

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