Guest Opinion: Burning Down Markowitz’s House

Guest Opinion: Burning Down Markowitz’s House

“Watch out, you might get what you’re after” was an anthem sung by a frantic David Byrne in the Talking Heads classic, Burning Down the House.  When the song was released in the mid-1980s, Wall Street was also in a frantic mode of its own. In the ensuing decade, it began providing its clients with more technology to better access markets and more products to replicate the strategies being employed by institutional investors.

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Guest Opinion: A Sharper Focus on Wealth Management’s Future

Guest Opinion: A Sharper Focus on Wealth Management’s Future

Since Steve Jobs’ death in 2011, four biographies, three documentaries and three feature films have been released about him. His legend grows and he continues to inspire. Yet, those in the wealth management industry should never read another word about Jobs. Instead, if advisors really want to prepare for the future and confront the changes they will encounter, it would be prudent to review the career of George M. C. Fisher.

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Nine Things That Could Happen Next Year

Nine Things That Could Happen Next Year

2016 was a bad year for most prognosticators. As such, we’re bringing a humble attitude to the table for our nine predictions for 2017. After all, we could be right on the call, and wrong on it materializing within the next 365 days. Conversely, we could be wrong on our underlying assumption, but predict correctly thanks to a so-called ‘slop shot’ (i.e., a lucky shot in pool). So, with that in mind, let’s play nine-ball.

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