In today's asset management business, scalability, footprint and depth of service all add to the growth of a franchise and the stickiness of the client relationships.
When the markets are going straight up with only occasional pullbacks of 5%-10%, the stewardship of a talented advisory team seems a lot less important. Investors can go through low-cost platforms and sort of set it and forget it.
Now that we are faced with numerous global issues and domestic turmoil, futures are less certain, and…
