13 Jul ASK A FINANCIAL SERVICES FUTURIST AND KEYNOTE SPEAKER: THE FUTURE OF FINANCE AND MONEY MANAGEMENT
Already this year alone we’ve served as financial services futurists and banking/finance keynote speakers many times over. Why? Among all industries, these are some of the fastest-changing and -evolving ones today, even if actual technology implementations, policy rollouts, and new service debuts tend to lag behind shifts in customer or member demand somewhat. In any event, being financial services futurists and finance keynote speakers, we wanted to talk a little bit about the many facets of the field that will be impacted by all these changes in the weeks ahead.
Sooo… to provide an overview, let’s start at the top here. Specifically of note: The financial services industry encompasses a wide range of services relating to the management of money and financial needs.
Banking: One of the most common financial services. Traditional banking encompasses accepting deposits, providing loans (such as personal, business, home, or auto loans), offering savings accounts, and providing checking accounts. Popular banks also provide services such as money transfers and issue bank guarantees. Note that many credit unions (member-run institutions) also provide banking services in additional to private companies.
Investments: Providers who assist with asset management and investment management, where clients’ money is invested in various types of funds, stocks, bonds, or other investment vehicles to grow wealth. Also spans brokerage services, mutual funds, and hedge funds.
Insurance Services: Per top financial services futurists and banking/finance keynote speakers, insurance companies provide protection against different kinds of risks (like life insurance, health insurance, property insurance, auto insurance, etc.). It’s offered in exchange for insurance premiums.
Retirement Planning: Trusted guides who help individuals prepare for retirement by creating a savings plan and investing in retirement accounts like 401(k)s or IRAs.
Wealth Management: A high-level professional service that combines financial and investment advice, accounting and tax services, retirement planning, and legal or estate planning for one set fee.
Financial Planning: Helps individuals and companies set budgets, understand their cash flows, and meet their financial goals.
Credit Card Providers: Financial institutions issue credit cards and manage the transactions and repayments related to the card.
Foreign Exchange Services: Runs the span of currency exchange, remittances, and other services related to foreign currencies.
Real Estate: Solutions related to real estate investment, including real estate brokerage, real estate fund management, mortgage loans, etc.
Private Equity and Venture Capital: Forms of investment finance provided for start-ups and small to medium-sized enterprises with high growth potential or for companies going through a certain phase like management buyouts.
Financial Consulting: Practitioners offer customized knowledge and advice on various financial matters, including investment strategies, risk management, and more.
