New York, NY (PRWEB) April 15, 2015
The IRAeXchange is pleased to announce that its CEO, James A. Jones, will be participating in the third annual LendIt Conference being held on April 13-15 at the New York Marriott Marquis. Jones will be joining fellow panelists Bo Brustkern, CEO of NSR Invest; Emmanuel Marot, CEO of Lending Robot and Tim Welsh, President of Nexus Strategy for a session entitled, “The Financial Advisor’s Approach to Marketplace Lending”.
Jones and his fellow industry leaders will be highlighting ways in which the online lending industry is engaging financial planners and RIAs through new services, technologies and platforms. Jones will specifically be covering innovations in the self-directed IRA space which are accelerating the P2P investing process while cutting out a bulk of the account management fees.
Although, financial advisors, have remained on the sidelines, their inclusion in marketplace lending could dramatically impact the growth of the industry as well as change the overall investor composition by helping retail investors gain better access to coveted P2P debt.
According to a just-released white paper that Jones co-authored on the subject, Jones believes that armed with the knowledge and resources, the financial planning community can bring the “Peer” back into “Peer-to-Peer” lending and help re-democratize the P2Pi investor base – which is presently saturated with institutional capital. The paper goes on to illustrate how financial advisors can also play an integral role in balancing the industry’s demand/supply discrepancy by introducing sought-after quality borrowers to online lending marketplaces. Most importantly, the paper underscores the economic significance of replenishing retirement portfolios with alternative asset classes – such as P2Pi – that offer higher yield, less volatility and little correlation to broader markets.
“I am honored to once again be speaking at LendIt, the largest and most recognized conference for P2P and online lending” said Jones. “I’m especially eager to help financial advisors grow their clients’ retirement portfolios through P2P investing. With projected shortfalls and even potential bankruptcy of our government entitlement programs such as Social Security and Medicare/Medicaid, the growth and prosperity of investor retirement portfolios bring on an even greater importance and urgency.”