How can technology improve financial services without losing the essential human connection?
Dani Fava offers her knowledge and vision for a future where Innovation meets empathy.
In this episode of Mitlin Money Mindset®, Larry Sprung speaks with Dani Fava, Chief Strategy Officer at Carson Group, about the evolving role of technology in financial services. Dani shares her journey into FinTech, the importance of leveraging AI to assist advisors, and how human connection will remain at the core of client Relationships.
Dani discusses:
- Her origin story in FinTech, beginning with automating tasks as a single mother navigating Wall Street
- The distinction between Artificial Intelligence and traditional programming, highlighting AI’s decision-making capabilities
- How AI is already integrated into daily life and its potential for enhancing client-advisor communication
- Strategies for advisors to use AI tools for improved task management, client interactions, and personalized services
- The role of empathy and human connection in the financial advisory profession as technology continues to advance
- And more!
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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. Her impact and forward-thinking vision earned her a spot on FinTech Magazine’s Top 100 Women in Finance, InvestmentNews’ Women to Watch and ThinkAdvisor’s 2020 IA25, underscoring her status as a trailblazer in wealth management innovation.
Disclosure:
Guests on the Mitlin Money Mindset are not affiliated with CWM, LLC, and opinions expressed herein may not be representative of CWM, LLC. CWM, LLC is not responsible for the guest’s content linked on this site.
Lawrence “Larry” Sprung, CFP® is a husband, father, entrepreneur and mental health advocate.
Larry is the author of the Amazon Bestselling book “Financial Planning Made Personal” and the also host of the Mitlin Money Mindset™ a podcast that reminds you to ask yourself “What did you do today that brought you joy?®”
In 2004 he founded Mitlin Financial, Inc. naming the firm memory of Larry’s wife’s grandfather, Mitchell, and his mother, Linda. During his career, Larry has found that a lot of industry terms and concepts can seem confusing to outsiders. That’s why he works with the families he serves to break down complex financial topics into easy-to-understand concepts.
In recognition of Larry’s significant contributions to his profession, he has received quite a few awards. In 2021, Larry was named to the Investopedia 100 Top Advisors in 2021 and was even more humbled to make their Top Ten list for 2022.
Outside the office, one of Larry’s greatest passions is raising awareness for mental health. He spent over 12 years serving on the National Board of the American Foundation for Suicide Prevention (AFSP) and sits on its financial and investment committees. With his wife, Denise, he has raised more than $1.7 million for the organization through the Keith Milano Memorial Fund. The fund was created in memory of his brother-in-law.
Larry values his family tremendously and his desire to do right by his wife and two sons drives who he is in and out of the office.
