The Wealth Management Industry is in the midst of massive demographic change. Business models are evolving, old entrants are retiring or merging, technology is leveling the playing field. As a result, clients are demanding more value and the industry is coping with a rapidly shifting landscape. As “Wealth Management” clamors for direction, new expertise to manage this change is emerging … Please listen here: EP-115 … Continue reading Podcast: Disruption in Wealth Management
Original thought may not be the leading edge in financial advice; and I do not refer to the merits of product innovation or advances in fintech and wealthtech but a sincere ability to differentiate and challenge forms of engagement. If the more common narrative still starts with “and we do financial planning,” you get my point. As I had suggested in “Succession: A Relevance Crisis,” … Continue reading The Values Dimension
The hype around Bitcoin is only the proverbial tip of the iceberg, masking massive shifts in socio-economic behavior, collaboration, and participation. Emerging technologies, like blockchain, will transform the way we relate and trust each other, and how value, or money, can be become inclusive again. There is increasing hype focused on the comatose rise of digital assets, particularly in Bitcoin; the doubters, lovers, and haters … Continue reading The Money (R)evolution
This opinion piece is a colossal failure in upholding the art of suspense, spoiling the storyline right in the title. Yet, there is more than one plot twist to consider when closely observing an industry that appears to be (too) assured of how to manage an unprecedented wave of financial advisors leaving the business. By a simple count of “self-disclosures,” or understanding the specific … Continue reading Succession: A Relevance Crisis
The COVID-19 pandemic has shone a spotlight on social, economic, and environmental risks that have been building for the past half-century of neoliberalism. Even amid the deep uncertainties of today’s global situation, one thing is clear: it is time to start questioning old assumptions and developing a new paradigm. Source: Post-COVID Capitalism Continue reading Post-COVID Capitalism
That’s a question USA Today posed to three “policy experts on the left and the right” in this recent article . The responses, while unsurprising, were nevertheless disappointing. For libertarians, economic inequality itself is not problematic, as long as it is in the context of an unfettered market economy free of government privileges and interference. Source: What “Experts” Miss about Economic Inequality Continue reading What “Experts” Miss about Economic Inequality
How do you react when you come across a bear in the woods? William James begins his essay of 1884 on human emotion with the commonsense view: “we meet a bear, are frightened and run”. Wrong, says James. “This order of sequence is incorrect.” It is not that we run because we are frightened. It is that we find ourselves running and then, on experiencing … Continue reading Believing falsehoods is one problem; not knowing the truth is another.
The terminal seemed nearly deserted, he writes, but “then, out of nowhere, from every direction, came people. White people. Men, women and children. Dozens of them. Hundreds of them. Out of alleys, out of side streets, around the corners of office buildings, they emerged from everywhere, from all directions, all at once, as if they’d been let out of a gate . Source: John Lewis … Continue reading John Lewis Risked His Life for Justice
On July 1st, Germany will assume the rotating presidency of the EU council. Plans to make this a particularly significant chapter, given that Chancellor Angela Merkel is in the final lap of her political career, had kept civil servants in Berlin busy for months. Source: Next Week Germany Takes Over the EU Presidency — What Lies Ahead? Continue reading Next Week Germany Takes Over the EU Presidency — What Lies Ahead?
New York City is framing its recovery from COVID-19 using the United Nation’s Sustainable Development Goals. These include no poverty, zero hunger and good health. Source: New York’s plan to become a fairer city after COVID-19 Continue reading New York’s plan to become a fairer city after COVID-19