Danielle “Dani” Fava manages technology initiatives that aim to help simplify the lives of independent RIAs and make them more competitive in a digital age. She led the launch of portfolio rebalancing technology iRebal and the Model Market Center, which brings outsourced investment management to RIAs.
The head of innovation joined the firm in 2012 after working for FiServ and Citi. She loves to talk about Big Data, fintech innovation, artificial intelligence, CrossFit and basketball.
What makes your job special? I’m keeping an eye on emerging technology every day, so that I can understand how to use it and how it may play a role in financial services. I want to help RIAs better understand these technologies and the potential areas of change and disruption, so that they don’t get left behind.
I absolutely love what I do: I’m passionate about technology and its ability to disrupt the status quo, and I believe deeply in the longevity of the independent advisor model.
What Your Peers Are Reading
What tech area do you most focus on in your job? Wealth management platforms, AI and #VoiceFirst.
What tech are you most bullish on in the short term? I’m the most bullish on AI in the short term. I think we’re still in the implementation phase of AI, with innovators introducing new use cases. But soon enough, we’ll move to the adoption phase, and I expect we’ll see AI become ubiquitous.