Consolidation is great when you’re chasing internal efficiencies. But thinning the field means less choice for advisors until new players emerge.
Fraying client nerves and an aging advisor population are an explosive mix even if the market, economy and election cooperate. Get the tools you need.
PR meltdown illuminates generational split between the world where “business as usual” was born and the asset management world of tomorrow.
The only ways to compete with “free” are superior scale and superior service. The landscape actually looks better now for small boutique firms.
Evercore Wealth Management is looking to hire advisors and upgrade its client-facing technology but it's all about finding the long-term fit.