advisor

“They might want to implement some of these insights from behavioral finance, but unless you control the technology, it's very hard for you to do that.”

“I think the biggest thing that could go wrong is that these products are not sold appropriately. We saw a little bit of that in the past, but I think the biggest risk here is that advisors don't spend the time to fully understand the liquidity profile, the ris…”

“We work with some advisors that I think are more sophisticated than some of the big sovereign wealth funds and pension plans we work with. On the flip side, we work with some advisors that have never allocated to anything other than public equity and public fi…”

“I would tell you come to the center, meaning come to the corporate teams, the home office, as opposed to trying to go out to a thousand advisors individually, which we still have managers trying to do that. That's just a hard road.”

“Advisors are increasingly Showing a desire to let go of the investment side of it. Probably a little slower than the industry expected, but it is happening.”

“We have the occasional advisor who departs and tests those things. And we always protect them because we need to protect the business.”