Wealth Advisor
topic on 3 shows · 4 statements across 3 episodes
Innovators & Investors 
A Product Market Fit Show 
Capital Allocators
4 statements about Wealth Advisor, every show
Kirby: Wealth managers lose 50% to 80% of assets during generational transfers
“If you're on average, they're losing like somewhere between 50 and 80% of these assets when they transfer.”
Kirby: Advisor secured $50M client referral via legacy planning discussions
“We had this happen where an advisor got a fifty million dollar referral, a client with fifty million dollars in assets. Their friends introduced them after sharing their experience.”
Scott: Wealthtechs scale by helping advisors win clients, not migrating assets
“If you're serving this kind of client, especially investment management, it's very difficult to convince someone to invest millions of dollars with you when you don't have millions of dollars under management, right? Like this is just a chicken egg zero one cl…”
Seides: Endowments and Foundations Share Similar Investment Mindsets
“Because the type of capital that an endowment runs or a foundation runs is similar compared to a pension fund or compared to a wealth advisor, they do tend to have a similar way of looking at the world. Because of the nature of the capital.”