“Any time you use gamification it certainly presents the potential for distraction,” said Alan Moore, founder of the XY Planning Network in Bozeman, Mont. “My hope is that technology providers, in working with financial advisors, will be able to find ways to make this technology useful.”
Sironi doesn’t expect VR headsets to become part of the average financial advisor’s toolbox until at least 2020 because the VR industry is still nascent.
“We will have to see more mainstream usage before the financial services industry seriously gets into the game, but technology is moving faster than we think,” he said. “The time is now.”