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Q&A With Ric Edelman, Founder, Edelman Financial Services: Fintech: (XT)
FYI: Ric Edelman, founder of Edelman Financial Services, and one of the driving forces behind the creation of the $1.35 billion iShares Exponential Technologies ETF (XT), has had an interest in technology as well as its implications for advisors and investors. His most recent book, The Truth About Your Future, is all about how rapid technological advances will radically change how we live, invest and retire. ETF.com chatted with him about how fintech is helping bring to fruition the future he anticipates. Regards, Ted http://www.etf.com/sections/features-and-news/fintech-will-change-advisory-game?nopaging=1
MFO's Link To amazon.Com: Ric Edelman: "The Truth About your Future"
The second, specifically in the fintech world, is the blockchain. Many technologists tell me the block chain is the most important innovations in human history. They equate it in terms of importance to fire, the wheel and the internet.
The typical financial advisor has either never heard of the blockchain or is unable to describe it, meaning that advisors today are as clueless as their clients. And that’s not a healthy situation for the client. The blockchain is the underlying technology that was used to develop bitcoin, the world’s first digital currency.
Comments
Well worth the read: Since XT's inception it has trailed QQQ: