Standard Deviations with Dr. Daniel Crosby cover image

Dave Nadig - Understanding Financial Futurism: Key Innovations Transforming Wealth Management

Standard Deviations with Dr. Daniel Crosby

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The Place of Innovation and Cutting Edge Thinking in an Industry That Is Often at Its Best When It's at Its Stodgiest

Financial services is just a part of the world that doesn't lend itself well to innovation. Letting something like Silicon Valley bank fail or credit suites fail is an incredibly important part of letting innovation happen. We've really removed failure from most of capitalism and consequently, innovation can sometimes be hard to find because if you let everybody run at 100 miles an hour with free money, it can be very hard to tell what's real and what's not.

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