The conference will also be addressing areas that have been getting a lot of attention lately, including blockchain technology and cybersecurity, Bruckenstein said.
Blockchain, which maintains global, encrypted ledgers, such as the ones that provide the foundation for cryptocurrencies, is something many advisors are still trying to get a handle on, Bruckenstein said. But he speculated that the technology's impact on the financial advice industry could be "revolutionary" in a variety of ways. He predicted, for example, that the technology will soon enable advisors and their clients to conduct transactions on their smartphones and "be immediately reconciled."
Cybersecurity also continues to be a focus of software solutions, but Bruckenstein said product providers and advisors still struggle with the fact that many security risks are the result of human carelessness rather than software flaws.
"The real weakness in the chain is the end client," he said. "People continue to write their password on a sticky note and put it on their computer."