Artificial Intelligence (AI) is transforming the financial industry, offering both exciting opportunities and significant challenges.

How is AI being integrated specifically into financial services? What are the potential risks and rewards of this technology?

In this episode, Ryan Detrick, Chief Market Strategist at Carson Group & Sonu Varghese, VP, Global Macro Strategist at Carson Group, sit down with Davi Fava, Chief Strategy Officer at Carson Group, for an in-depth conversation on artificial intelligence and its revolutionary impact on finance. Dani takes us through the intricate world of AI, explaining its incredible potential, addressing common fears, and highlighting how Carson Group is integrating this technology to better serve their clients.

Additionally to our conversation with Dani, Ryan and Sonu discuss the recent performance of the S&P 500, the impact of economic data on market trends, and the outlook for future market movements. They also touch on the role of small businesses and the Federal Reserve’s actions in shaping the economy.

Key topics discussed:

• New ways AI is transforming industries, especially finance
• Addressing fears and ethical considerations surrounding AI
• Practical applications of AI in daily financial operations and beyond
• The recent performance of the S&P 500, including the longest win streak in 20 years
• The impact of economic data, such as unemployment claims, on market trends
• The Federal Reserve’s actions and potential rate cuts
• And more!

Resources:

• Any questions about the show? Send it to us! We’d love to hear from you! factsvsfeelings@carsongroup.com 

Connect with Davi Fava: 

• LinkedIn: Davi Fava

Connect with Ryan Detrick: 

• LinkedIn: Ryan Detrick
• X: Ryan Detrick

Connect with Sonu Varghese: 

• LinkedIn: Sonu Varghese
• X: Sonu Varghese

About Our Guest:

Dani Fava serves the pivotal role of Chief Strategy Officer at Carson Group, wielding over two decades of experience in wealth management to drive our strategic direction. Charged with enhancing the client experience through differentiated products and services, Dani’s leadership is instrumental in shaping innovative growth strategies and advancing the industry on financial advice and the use of AI.

Before joining Carson Group, Dani held influential positions at Envestnet and TD Ameritrade, where she spearheaded initiatives such as digital onboarding, strategic partnerships, and AI integration. Dani’s contributions include the development of advisor technologies like iRebal and the Model Market Center, reflecting her commitment to empowering advisors with cutting-edge tools and insights. Her impact and forward-thinking vision earned her a spot on FinTech Magazine’s Top 100 Women in FinTech (2021), InvestmentNews’ Women to Watch (2020), and ThinkAdvisor’s 2020 IA25, underscoring her status as a trailblazer in wealth management innovation.

In addition to her professional achievements, Dani is recognized for her thought leadership in the industry, often speaking at conferences and contributing to discussions on the future of financial technology. Dani also serves on the board of Language & Culture Worldwide (LCW), a culture consulting company. This work is an extension of her commitment to see more inclusion in the wealth management industry.