It’s not the speed. It’s the acceleration that drives sane clients crazy and tests the statistical limits. Brace for whiplash . . . but not yet.
The ‘10s were all about finding a new status quo in the industry, politics and the market. The next ten years will tear all that down.
After a year of disruption it's worth reviewing the essentials of how the industry works and how to communicate its value. BMO has good ideas here.
Consolidation is great when you’re chasing internal efficiencies. But thinning the field means less choice for advisors until new players emerge.