financial advisors

“The real job is not define, you know, divining, ooh, is like Dr. Pepper Snapple going to be better than Pepsi? Which one do I buy for this quarter? Like, that's not the gig. The gig is getting people through.”

“So during the next bear market, if you don't have a plan in place, you can't point to the indexes. You're gonna have to take it on the chin yourself.”

“That's why I think generally people who work with financial advisors tend to have much better outcomes, not because the advisor is a market guru, but because the advisor can be a coach.”

“And if you're a financial advisor and you're recommending private equity, first of all, it's the thing you can sell where you get paid the biggest fees usually. And nobody's gonna know if you're right or wrong. For 10 years.”

“We find that where people learn, they actually transact. So if you're reaching out and learning about something, and you have an opportunity to follow through on that learning experience with a action, in this case, an investment, coupling those two are quite …”

“As a former financial advisor, I just know our industry doesn't talk about things to their end client that they don't understand. So for example, when we're all at dinner and the conversation of blockchain or crypto starts, you know, there's certain people at …”

“So really the big challenge isn't any kind of competition that case may have a competitor, for example, or other competitive forces. The main event is capturing the hearts and minds of the financial advisor to stop doing business the old fashioned way, which i…”

“I'll tell you what type of education doesn't work. Sending a 120 page white paper to a financial advisor and saying, dig in, call me with any questions. So content has been transformed on how it's been delivered in every aspect. We as consumers of content expe…”

“U.S. Wealth management, the amount of money that financial advisors advise to Today stands at around 40 trillion dollars. So 40 trillion dollars are advised or managed by financial advisors in America on behalf of their high net worth clients, or their, not ju…”

“The world is just going to look very different in as little as five years time. You're going to see advisor desktop space, which today is multiple different screens, the ops process and the email and this for public equities and that for fixing home and goodne…”

“In the United States, when an advisor leaves from one firm to the other, they typically take around 80% of their clients with them.”

“If we focus on that over the next five to 10 years, it could be the greatest five to 10 years in the industry for a financial advisor.”

“Financial advisors now have a much broader value proposition that they are holding out to their investors. Sure, they're building portfolios, but they're also providing financial advice and planning, tax perspectives, sometimes they're a financial concierge, s…”

“Most of the FAs we talk to will say, I want three to five managers That have a pretty well curated set of products.”

“I had this debate for years with financial advisors where I'd say, just buy the BDC. Well, my clients don't like it when the stock goes up and down and they don't like the correlation to the market and the volatility. And so we'll do what we do. And stock goes…”