consultants

“They were saying that when I started covering this in O-Nine, and I, as far as I can tell, consultants haven't lost an iota of power. They're gonna be here”

“Consultants, a lot of times you interface with the board, you interface with executive management, but you come in once a quarter and you get to talk maybe once a month. But for the most part, the touch points are a lot more condensed and a lot more focused on…”

“Consulting today, that's why you've seen a lot of consultants go into the OCIO business because they need to find a business that has asset management margins because you really can't scale the business.”

“Probably the biggest disservice that consultants have ever done is putting everybody in peer groups so that they compete against each other, even though that their liabilities are completely different and their circumstances are very different.”

“Just for us who are trying to be on the cutting edge, generate returns that we need. Once everyone's asking about it, probably time to think about moving on.”

“Sometimes you see people hire a consultant. They pay them literally four or five million dollars. They put this big, big report. What is the purpose of that report? The report is for the manager team who's buying it to cover their butt. That's how in case the …”