Gaining Perspective

This is a bittersweet moment.  We are recording this on April 26, and April 30 will be my final day at VettaFi, after which I will no longer be associated with the Advisor Perspectives publication. This will be the final episode of the nearly 500 that I have hosted for the Gaining Perspective podcast.There is no better topic to discuss in this podcast than the state of journalism in the advisory profession.  “The profession of journalism exists, at its best, to inform and occasionally correct the record, to right a wrong, especially an awful thing that is wrong.” Those are not my words, but those of my guest today, who stands at the pinnacle of the journalism profession for advisors.Here are some links on this topic:Bob Veres' Inside Information service - https://bobveres.com/ Bob Huebscher's farewell article - https://www.advisorperspectives.com/articles/2024/04/23/farewell-robert-huebscher?topic=global-markets

Tax-management strategies are crucial for clients, and they need today's most sophisticated tools to relieve the tax burden for their clients. In this episode, my guest will dive into those strategies, such as tax-loss harvesting, and will explain how tax technology plays a significant role in driving value through smart, automated processes that find the right investment strategies for every client. We'll also discuss why it's important to deliver tax-loss harvesting with a purpose as well as some other hot topics affecting the advisory profession.Here are some links to learn more about Hiren and 55ip:55ip – www.55-ip.comTax Harvest Indicator (as of Dec. 31, 2023) - https://info.55-ip.com/hubfs/Marketing%20Library/55ip_TaxHarvestIndicatorQ42023.pdf

My guest today believes that the underperformance of the Magnificent 7 is creating opportunities in small-cap equities as investors look to loosen their portfolio concentration in large-cap names. In addition, increased small-cap M&A activity, better credit market conditions, and a lower cost of capital, are creating fertile ground for small-cap companies.Here are some links to learn more about Rayna and Polen Capital:www. Polencapital.com

Most platforms for alternative investments are just concerned with getting advisors access to those investments. But advisors need education on the role alternatives can play in asset allocation and how creating portfolios that complement traditional assets drive business growth. My guest today will discuss:How alternative investments benefit an RIA's client's portfolio and grow their business.Why access to alternatives is a given, and the focus should be on portfolio construction of alternatives with traditional assets.The unique demand among RIAs for different alternative investments, including private credit and infrastructure.Why semi-liquid alternatives funds may not be the best option for RIAs versus institutional offerings.Here is a link to learn more about Alan's work and Crystal Capital Partners:Crystal Capital Partners

The advisory profession is sitting on the precipice of major cyber-related regulation set to impact advisors of all sizes. But RIAs are not cybersecurity experts; many are not prepared for the requirements expected to be released by the SEC, and it could negatively impact their businesses. The cost of a cyber incident and reputational damage is further amplified given the deeply personal nature of an advisor-client relationship, which is rooted in trust. My guests today will share advisors' top concerns regarding cybersecurity, what cyber regulation looks like in 2024, and how advisors can calm client fears about the protection of their data.Here are some links to learn more about Gabe, Mike and SEI:Overview of SEI's cybersecurity offeringsOverview of SEI's offerings for RIAsGabe Garcia and Shauna Mace on Emerging Trends in the RIA Profession (Nov 2022)

Private equity and venture capital funds have consistently outperformed public markets. But beyond those funds, there is a more specialized approach for investors to capitalize on the private markets: secondary transactions, often known as “secondaries.” My guest today, Andrew Krei, will navigate through the complexities of this dynamic sector, highlighting its potential rewards for investors seeking alternative paths for capital growth. He will also discuss the trends and advantages that the secondaries market offers over traditional PE or VC investments. Show Noteshttps://barrettupton.com/https://www.linkedin.com/company/barrett-upton-capital-partners/

How can financial advisors navigate the changing custody landscape and keep up with the ongoing demands of their clients? My guest will discuss the keys to advisor success, including how technology is impacting the profession, advisors' biggest pain points, unique offerings that firms should consider for their clients, and how to find the right custodian who will help during times of transition and periods of uncertainty. This episode is for any advisor looking to differentiate themselves in the market, considering a new custodian, or going multi-custodial. Here are some links to learn more about Mike and Axos Advisor Services:https://www.axosadvisorservices.com/https://www.linkedin.com/in/michael-watson-33222a1/

Most clients have no idea what retirement failure means to them and how a given failure rate should influence their planning. My guests today will present a planning framework that improves existing models by dynamically adjusting for market performance and longevity.When saving for retirement it's common for advisors to evaluate progress toward a savings goal and recommend course corrections to stay on track. Making course corrections after retirement means that the retiree must either spend less if investment returns are low or be able to spend more if markets rise.Clients need to understand how investment and longevity risk will affect their lifestyle as they make these adjustments to avoid running out of savings. The best way to understand how these risks might affect their lifestyle is through a visualization of spending paths. Visualizations are a powerful and accurate way to understand how spending more early in retirement, taking greater investment risk, and using an annuity change the course of possible lifestyle paths.Here are some links to learn more about Tamiko, Michael and IncomePath:www.incomepath.comhttps://www.linkedin.com/company/incomepathGiving Retirees the Freedom to Spend

Amid higher interest rates and consequently higher yields, investors have piled into cash. My guest today will explain why it's time to make a move. His position is that cash should be an asset to provide for short-term (less than 12 months) liquidity needs. Beyond that, investors should consider an appropriately diversified portfolio to achieve their financial goals. While short-term performance may work in investors' favor, he will argue that over the long term, the benefits of being invested outweigh the potential short-term benefits of sitting in cash.Here are some links to learn more about Seth and Janus Henderson:Sitting in cash? What's your next move? - Janus Henderson InvestorsLate to the party: Are the best of money market returns behind us? - Janus Henderson Investors

Change is happening all around us at an accelerating rate.  To exploit that change, rather than be exploited by it, professional advisors need power and capability that is protected by true independence.  My guest today is a pioneer of the business model that was created to deliver that combination, what is now called outsourced chief investment officer (OCIO). Jon Hirtle will explain why he is just as passionate about power, capability and true independence as he was when he founded an industry and a firm over 35 years ago.  He has been an active investor and successful entrepreneur for 40 years and I look forward to discussing the lessons he has learned as well as the trends he finds compelling.How do good RIAs become great ones?  How do $1 billion-dollar practices become $20 billion-dollar practices?  Today, I talk with someone who has done both.  Here are some links to learn more about Jon and Hirtle Callaghan:Jon's emai: jhirtle@hirtlecallaghan.com https://www.hirtlecallaghan.com/https://www.hirtlecallaghan.com/blog/

Diversification is a core principle of sound investing, but building a diversified portfolio is much easier in theory than in practice. In the recently published “2024 Diversification Landscape,” portfolio strategist Amy Arnott of Morningstar took a deep dive into the diversification potential of several major asset classes. As advisors build their clients' portfolios, there are a few lessons from this research. First, it is impossible to predict which asset class will do well in any given year. Holding a variety of asset classes helps guard against being overly exposed to an area that falls out of favor. Second, while the correlation between stocks and bonds has increased, bonds still provide relatively strong diversification benefits. This means that the classic 60/40 portfolio is tough to beat, having produced returns of about 18% in 2023. Third, the asset classes with the strongest diversification benefits may come as a surprise to some advisors. Real estate is a questionable diversifier despite its popularity, while cash is a strong diversified. Show NotesHere are some links to learn more about Amy and her research:Get the full report: 2024 Diversification Landscape

The multi-trillion-dollar ESG fund industry faces a regulatory problem. By the end of 2025, funds with net assets of $1 billion or more must comply with the amendments to SEC Rule 35d-1, better known as the “names rule.” It requires funds with names that include ESG terms have at least 80% of the fund invested in assets that aligned with those terms. The amendments strengthen prospectus disclosure requirements, and mandate that terms used in the fund's name suggesting an investment focus be consistent with their plain-English meaning or established industry use.My guest today will explain how ESG has become a meaningless term to investors. The result has been massive flows to ESG funds that have large holdings in oil companies, agricultural chemical manufacturers and similar companies that many investors are not aware of. Fund managers are struggling to explain what is going on, as they must to comply with the names rule.Show ResourcesHere are some links to learn more about Jason and Reflection Asset Management:Reflection Analytics Launches Digital Platform for Comprehensive ESG Audit and AnalysisSEC Adopts Rule Enhancements to Prevent Misleading or Deceptive Investment Fund NamesReflection AMReflect website

Today's technology-driven landscape makes it easier than ever for RIAs to embrace automation across their tech stack and supercharge their businesses. Advisors can save time and minimize errors by using trading and rebalancing tools, portfolio management and CRM systems to manage accounts. Automation in data analysis also frees up time to provide more personalized advice or pursue new business. During this episode, Steve Sanders of Interactive Brokers will cover How automation increases operational efficiencies for advisors, why data aggregation and integrated reporting are critical to serving clients holistically and so much more. Show NotesBelow are some links to learn more about Steve and Interactive Brokers:Interactive Brokers home page: https://www.interactivebrokers.com/en/home.phpInteractive Brokers page for RIAs: https://www.interactivebrokers.com/en/accounts/advisor.php Learn all about the advantages of active strategies and how they are uniquely suited to the moment at VettaFi's upcoming Active Management Symposium on May 16th. Go to etftrends.com/webcasts/alternatives-symposium-2024 to learn more.

With nearly 4.5 million Americans turning 65 in 2024, advisors are navigating four core risks that will impact their portfolios in retirement: longevity, inflation, volatility, and emotions. We will discuss new research by Dr. Wade Pfau, professor at The American College of Financial Services. He did this research on behalf of Equitable to look at how to improve the efficient frontier, enhance risk-adjusted returns and help advisors – and their clients – make the most of their assets through their retirement.The research looks at the role of a registered index linked annuity (RILA) with lifetime income for a portion of a portfolio and the resulting impact on meeting lifetime spending goals, preserving assets and managing volatility as part of an overall retirement plan.Show ResourcesHere is a link to learn more about Wade, Pete and Equitable's offerings:Equitable's retirement guide: https://equitable.com/financial-professionals/annuities/tool-center?utm_source=rgnov23

Large international index funds do not account for geopolitical risk. Corruption has costs, and in this age of conflict with rising tensions in the Middle East, Russia, Ukraine and elsewhere, investors are faced with a daunting landscape while US markets are near highs. Should investors ride the momentum or transition and rotate to sectors that represent greater value and higher forward expected returns?  The traditional international funds are attractively valued relative to the US but are fraught with risk. Today we will hear from Julie Cane and Chris Browne from Democracy Investments to discuss democracy as a factor in international investing. Show ResourcesHere are some links to learn more about Julie, Chris and Democracy Investments:To learn more about Democrqacy Investments, and the DMCY fund visit https://www.advisorperspectives.com/pdfs/2024/DI-Overview-3_20_24.pdf  Please find more information and important disclosures at https://www.democracyinvestments.com/fund Learn all about the advantages of active strategies and how they are uniquely suited to the moment at VettaFi's upcoming Active Management Symposium on May 16th. Go to etftrends.com/webcasts/alternatives-symposium-2024 to learn more.

Let's explore the world of cash. One year after the collapse of SVB, fiduciaries need to understand the cash management platforms on the market, including the fine print that can make or break a client relationship. The right platform will help the advisor provide more holistic advice and grow their AUM organically. My guest will discuss what advisors need to know about cash sweep accounts and how advisors can evaluate different platforms. We hope to provide a better understanding of the cash management landscape, the inherent conflicts of interest that occur, and how to talk to clients about cash.Show ResourcesHere are some links to learn more about Gary and MaxMyInterest:www.maxforadvisors.com The Impact of Active Cash Management  

On March 8 of this year, BlackRock announced its agreement to acquire the remaining equity interest in SpiderRock Advisors, LLC, a leading provider of customized option overlay strategies in U.S. wealth markets – a move that builds on BlackRock's minority investment in SpiderRock, made in 2021, and reinforces BlackRock's commitment to personalized separately managed accounts.Led by President and Chief Investment Officer Eric Metz, SpiderRock Advisors is a Chicago-based asset management firm focused on providing customized option overlay strategies to investors. The company excels in innovating options strategies, making them a vital asset class for institutions and advisors. By combining technology with comprehensive derivative management expertise, SpiderRock Advisors is committed to making it easy for financial advisors and institutions to add option overlay strategies to their portfolios. SpiderRock Advisors manages approximately $5 billion.Show ResourcesPress release (March 8, 2024): BlackRock to Acquire SpiderRock Advisors- https://ir.blackrock.com/news-and-events/press-releases/press-releases-details/2024/BlackRock-to-Acquire-SpiderRock-Advisors/default.aspxWeb site: www.spiderrock.com- http://www.spiderrock.com/

Investors are choosing bonds in record numbers – in 2023, global bond ETFs gathered an annual record of over $300 billion in flows with iShares leading with $113 billion. My guest today will explain why this will continue, as many investors are still significantly underweight to fixed income, with a 22% average allocation. You will hear why investors need to step out of cash and move faster into fixed income because, historically, the market has priced in rate actions long before they occur.Show ResourcesHere are some links to learn more about Steve and BlackRock:BlackRock Flexible Income ETF (BINC)BlackRock Total Return ETF (BRTR)iShares iBonds ETFsiShares High Yield Systematic Bond ETF (HYDB)iShares Core U.S. Aggregate Bond ETF (AGG)iShares Core Total USD Bond Market ETF (IUSB)iShares Broad USD High Yield Corporate Bond ETF (USHY)iShares J.P. Morgan Broad USD Emerging Markets Bond ETF (BEMB)BlackRock AAA CLO ETF (CLOA)

The easiest new client to get is the one that you don't lose. Focusing on client retention is the key to the success of any business – whether you are an RIA or FA with 300 clients, or a mutual fund manager with 300,000 or three million shareholders. What are the lessons learned from past periods of stock and bond market stress applicable to client retention? How can regulators, watching the mutual fund industry and the advisory profession – so important to the national's retirement savings – benefit from these lessons?Show ResourcesHere are some links to learn more about Avi and his work:A like to the latest study: https://www.linkedin.com/feed/update/urn:li:activity:7174395341968920576/ 2015 study: https://static1.squarespace.com/static/579505b4b8a79baa23c97c61/t/65b51ddbba4ee864a636622b/1706368477762/Strategic+Insight+Study+-+Mutual+Funds+and+Systemic+Risk%2C+March+2015+%28FSOC+Submission+Docket+2014-0001%29.pdfAvi's LinkedIn page: https://www.linkedin.com/in/avinachmany/Avi's personal web site: https://www.avinachmany.com/ VettaFi's Fixed Income symposium is happening on April 18th and brings the experts and thought leaders straight to you. Hear the insights you need to succeed in 2024. Register for free at etftrends.com/webcasts/fixed-income-symposium-2024

The economy, inflation, interest rates and market valuations drive the key questions facing advisors. Does the tech stock landscape mirror the boom of 1996 or the bust of 2000? What will be the impact of Meta's inaugural dividend payment? Is now the time to increase allocations to international Markets? What are the challenges faced by retail banks by not providing competitive rates and the resulting opportunity cost of holding cash? Finally, we will address the complexities advisors face in investment management, client growth, and retention.Show ResourcesHere are some links to learn more about Jeremy and Wisdom Tree Financial:Jeremy Schwartz | ETFs (Exchange Traded Funds) & ETF Investments from WisdomTree- https://www.wisdomtree.com/investments/jeremy-schwartz2024 Economic Outlook & Market Signals | WisdomTree- https://www.wisdomtree.com/investments/strategies/on-the-markets

The impending retirement wave poses a critical challenge to the advisory profession. Nearly 40% of advisors plan to retire in the next decade. My guest today will explain why the profession is at an inflection point and proactive planning is essential for continued success. We will delve into best practices to transition to the next generation of advisors and investors, strategies for recruiting junior advisors, and how to appeal to emerging investor demographics and scaling engagement models to navigate a shrinking advisor pool.Show ResourcesHere are some links to learn more about Matt and AssetMark:AssetMark web site- https://www.assetmark.com/Matt Matrisian, MBA | LinkedIn- https://www.linkedin.com/in/matt-matrisian/Matt Matrisian's previoius podcast in 2023- https://www.advisorperspectives.com/podcasts/2022/03/23/how-top-advisory-firms-and-finding-and-retaining-the-best-employees

Guessing the direction of interest rates is no easier than any other tactical or market timing decision. The yield on the benchmark 10-year Treasury note is just under 3.9%. That is about 100 basis points less than it was a few months ago. Fed policy is uncertain, inflation has not been fully controlled, and fiscal deficits loom as a long-term risk for yields to go higher.Those factors argue in favor of an allocation to floating-rate notes. My guest today will help us explore this asset class, its opportunities and its risks.Show Resources:Here are some links to learn more about EVLN and Eaton VanceEaton Vance Floating-Rate ETF - https://www.eatonvance.com/im/en-us/financial-advisor/product-and-performance/etfs/fixed-income/.ev.html/ev?cid=bn:etf2:vettafi:launchaccel:podcast:na:na:na All Eaton Vance ETFs- https://www.eatonvance.com/etfs.php?cid=bn:etf2:vettafi:launchaccel:podcast:na:na:na 

Commodities have played a pivotal role in financial markets since 2020. Pipelines have been blown up, shipping routes have been disrupted, droughts lowered electricity output, Panama Canal traffic increased, and agricultural prices rose to name just a few recent incidents. Yet commodities also remain an asset class that is not well understood. Today, we will dive into the state of the commodity market, and how opportunities and pitfalls in 2024 may affect your portfolio.Show ResourcesHere are some links to learn more about Bob and abrdn:Abrdn ETFs Suite- https://www.abrdn.com/en-us/investor/investment-solutions/commodities?gclid=d2eaf3597b6a180240bf96947c6192be&gclsrc=3p.ds&msclkid=d2eaf3597b6a180240bf96947c6192beAbrdn Commodity ETFs- https://www.abrdn.com/en-us/investor/investment-solutions/commodities?gclid=d2eaf3597b6a180240bf96947c6192be&gclsrc=3p.ds&msclkid=d2eaf3597b6a180240bf96947c6192beAbrdn February Commodities insight blog- https://www.abrdn.com/en-us/investor/insights-and-research/the-global-love-affair-with-precious-metals?opendocument=&utm_campaign=US%20WM_Commodities%20Update_Feb_2024&utm_medium=email&utm_source=Eloqua&utm_content=CAAML000002461533&utm_company=&cn=Newsletters&SHA=86247a0be1e289e4ab638faac0e0aa48c807d7eb98454b437bd8e2350fd87578 VettaFi's Fixed Income symposium is happening on April 18th and brings the experts and thought leaders straight to you. Hear the insights you need to succeed in 2024. Register for free at etftrends.com/webcasts/fixed-income-symposium-2024

More advisors and firms are moving to fee-centric affiliation models, dropping their FINRA registrations and focusing on providing investment advice for a fee. What is the driver behind this trend? Today, we'll explore the models under which an advisor could move to a fee-based practice, the benefits, the changes from a product and compensation perspective, and the key considerations for those considering this move. The three main ways an advisor could move to a fee-based model are becoming an investment adviser representative of a corporate RIA (like Commonwealth), starting their own RIA, or joining an independent RIA. At the end of our conversation, I hope to illuminate the differences between those models and what you should focus on if you are considering a change in your affiliation model.Show ResourcesHere are some links to learn more about Alex and Commonwealth Financial Network:Commonwealth's new guide: How to Navigate a Fee-Only Path (commonwealth.com) - https://crmsf.commonwealth.com/going-fee-only Learn more about Commonwealth: Affiliation Flexibility | Be the Independent Advisor You Want to Be (commonwealth.com)- https://www.commonwealth.com/advisor-solutions/affiliation-flexibility

In a chaotic and uncertain world, investors crave a measure of predictability. Despite the best efforts of strategists and analysts to predict how markets will perform, no one knows what the future will hold. Defined-outcome ETFs offer investors a new way to reduce uncertainty while still maintaining exposure to the market's upside. This has been one of the fastest-growing segments of the ETF market and many believe it's got a long way to go.Show ResourcesHere are some links to learn more about Graham and Innovator:The Innovator ETF web site- https://www.innovatoretfs.com/ Equity defined protection strategies- https://www.innovatoretfs.com/protect/Defined income ETFs- https://www.innovatoretfs.com/define/income/ VettaFi's Fixed Income symposium is happening on April 18th and brings the experts and thought leaders straight to you. Hear the insights you need to succeed in 2024. Register for free at etftrends.com/webcasts/fixed-income-symposium-2024

The Fed seems headed for a "higher for longer" interest rate policy. My guest and I will explore the implications of fiscal and monetary policy on the shape of the yield curve, personal balance sheets, pension plans, private credit, and opportunities for public companies. We will also discuss the implications for the upcoming election.Show ResourcesHere are some links to learn more about Sal and Coherence Credit Strategies:The Tiptree home page- https://www.tiptreeinc.com/ Sal's LinkedIn page- https://www.linkedin.com/in/sal-naro-34855414/Contact Sal via email- snaro@coherencecap.com VettaFi's Fixed Income symposium is happening on April 18th and brings the experts and thought leaders straight to you. Hear the insights you need to succeed in 2024. Register for free at etftrends.com/webcasts/fixed-income-symposium-2024

Kaiju Worldwide operates under the belief that the potential of predictive AI is limitless and is driven by the desire to create better outcomes for investors and industries through responsible innovation and common data standards. The company applies predictive AI across diverse fields, including investment management and maritime navigation. When it comes to investment management, it uses the power of AI across private and public investment funds, including ETFs, to unlock new value for investors.Show ResourcesHere are some links to learn more about Ryan and Kaiju:Forbes Council – Ryan's bio as a member of the Forbes' Council- https://councils.forbes.com/profile/Ryan-Pannell-CEO-Chair-Kaiju-Worldwide/70153da8-bbc6-48b9-8a98-d60214282958 VettaFi's Fixed Income symposium is happening on April 18th and brings the experts and thought leaders straight to you. Hear the insights you need to succeed in 2024. Register for free at etftrends.com/webcasts/fixed-income-symposium-2024

My guest today will speak to the benefits of active management, why growth investors can generate attractive returns in the current market environment, and the importance of adopting a long-term perspective in investment strategies. We will discuss the mindset that is required for successful growth investing and how financial advisors can help their clients evaluate global growth stocks.Show ResourcesHere are some links to learn more about Mark and Ballie Gifford: https://www.bailliegifford.com/en/uk/individual-investors/insights/ic-article/2023-q4-why-growth-why-now-10041074/  VettaFi's Fixed Income symposium is happening on April 18th and brings the experts and thought leaders straight to you. Hear the insights you need to succeed in 2024. Register for free at etftrends.com/webcasts/fixed-income-symposium-2024

Today, we will discuss the evolving role of private equity.  We will start with a discussion of the state of the global economy, the opportunities for investment and how the world of private equity is changing. We will explore the need to democratize access to private investments, expand access to private investments in 401(k)s and the role advisors will play in providing access for their clients.Show ResourcesHere are some links to learn more about Joe and Axxes Capital:The Axxes Capital web site- https://axxescapital.com/ Axxes Capital on LinkedIn- https://www.linkedin.com/company/axxescapital/ VettaFi's Fixed Income symposium is happening on April 18th and brings the experts and thought leaders straight to you. Hear the insights you need to succeed in 2024. Register for free at etftrends.com/webcasts/fixed-income-symposium-2024

In this episode, we will be talking about how to use social listening to inform your content marketing strategy and for lead generation. We will cover what social listening is and why LinkedIn is a gold mine for your practice. You'll walk away with data insights, specific recommendations to engage with prospects and a social media tool kit you can apply today.Show ResourcesAdvisor Perspectives article, “How Social Listening Drives Results”- https://www.advisorperspectives.com/articles/2023/06/12/marketing-leverage-social-listening-results LinkedIn cheat sheet- https://drive.google.com/file/d/16qWU_emblDkNJyMLjiXqKeYUocEZMreo/viewUpcoming webinar about video content marketing- https://us06web.zoom.us/webinar/register/WN_vj12gdw1TtKZBUeaMJPPSQ#/registration VettaFi's Fixed Income symposium is happening on April 18th and brings the experts and thought leaders straight to you. Hear the insights you need to succeed in 2024. Register for free at etftrends.com/webcasts/fixed-income-symposium-2024

Technology continues to play an important role in transforming the advice profession. From streamlining administrative tasks to creating personalized experiences for clients at scale, technology provides advisors with meaningful ways to prioritize their time so they can focus on valuable relationship-based services like behavioral coaching and building trust among clients.My guest and I will discuss the latest technology trends for advisors, the importance of developing and introducing technology skillsets, the rise of GenAI and other emerging technologies, and more, in this episode. Show ResourcesHere are some links to learn more about Lauren and Vanguard:Putting a value on your value: Quantifying Advisor's Alpha- https://advisors.vanguard.com/insights/article/putting-a-value-on-your-value-quantifying-advisors-alpha Emerging technologies and their impact on your practice- https://advisors.vanguard.com/insights/article/emerging-technologies-and-their-impact-on-your-practice Equities are the building blocks of any successful portfolio. Advisors must understand the best way to wield equities if they want to succeed. Join VettaFi and other industry-leading experts on Wednesday, MARCH 13 for their “Equity Symposium!” Register for Free at etftrends.com/webcasts/equities-symposium-2024

According to my guest today, impact investing can provide the means to combine community action, government support and private capital to achieve rewarding sustainable results.The pandemic and social unrest of 2020 inspired communities, government officials, and business leaders to voice their concerns for social and environmental justice. Echoing these values, investors within the finance industry have the power to use their knowledge and resources for social advancement and community development through impact investing.Show ResourcesHere are some links to learn more about Ron and RBC:Supporting small business through impact investing- https://usmutualfunds.rbcgam.com/us/article/supporting-small-business-through-impact-investing/detail Impact report 2022 | Letter from our Chief Strategist of Impact Investing | RBC Global Asset Management - Institutional- https://institutional.rbcgam.com/en/us/campaigns/impact-investing-annual-report-2022/RBC becomes signatory for Impact Operating Principles- https://usmutualfunds.rbcgam.com/documents/insights/impact-operating-principles-disclosure-report-2023.pdfBeyond ESG and green bonds- https://usmutualfunds.rbcgam.com/us/article/beyond-esg-and-green-bonds/detailHow impact investing can uplift local communities  (An interview with Ron Homer)- https://usmutualfunds.rbcgam.com/us/article/how-impact-investing-can-uplift-local-communities/detailAn art, not a science: how to invest for impact  (By Harrison Hill)- https://usmutualfunds.rbcgam.com/us/article/an-art-not-a-science-how-to-invest-for-impact/detail Equities are the building blocks of any successful portfolio. Advisors must understand the best way to wield equities if they want to succeed. Join VettaFi and other industry-leading experts on Wednesday, MARCH 13 for their “Equity Symposium!” Register for Free at etftrends.com/webcasts/equities-symposium-2024

Private credit markets have shifted upmarket. Many larger financial players are seeking bigger deals that can have a greaterimpact on their portfolios. This has led to a vacuum in small/mid-cap deals where investors can get a significant yield premium to the overall market. In this episode, we will look at the public debt markets, where one can invest in high-yield/lower-rated bonds (e.g., triple Cs) to construct a portfolio that has a 200 or 300 basis point yield premium and has default losses equal to or less than the market. Investors can take advantage of market inefficiencies by participating in a part of the market that others are avoiding.Here are some links to learn more about Ben and Polen Capital: https://www.polencapital.com/people/ben-santonelli  Equities are the building blocks of any successful portfolio. Advisors must understand the best way to wield equities if they want to succeed. Join VettaFi and other industry-leading experts on Wednesday, MARCH 13 for their “Equity Symposium!” Register for Free at etftrends.com/webcasts/equities-symposium-2024

Today's episode will focus on the Human Capital Factor (HCF). This factor applies workplace behavioral science, financial acumen and deep data science to capture the powerful connection between human capital and stock performance. By understanding company culture and intrinsic employee motivation, my guests have transformed these insights into investment strategies. For advisors looking for a way to generate additional alpha in client portfolios, understanding the HCF and how these products fit in a portfolio may lead to better returns and greater client satisfaction levels.Show ResourcesHere are some links to learn more about David, Kristof, Irrational Capital and Harbor Advisors:Irrational Capital home page- https://www.irrational.capital/ HAPY ETF- https://www.harborcapital.com/etf/HAPY/HAPI ETF- https://www.harborcapital.com/etf/HAPI/HAPS ETF- https://www.harborcapital.com/etf/haps/ Equities are the building blocks of any successful portfolio. Advisors must understand the best way to wield equities if they want to succeed. Join VettaFi and other industry-leading experts on Wednesday, MARCH 13 for their “Equity Symposium!” Register for Free at etftrends.com/webcasts/equities-symposium-2024

The relatively new category of buffered or “defined-outcome” ETFs has grown to $30 billion in assets, with more than $10 billion in inflows in 2023 alone. Amid significant uncertainty surrounding the Fed's trajectory for rate cuts, geopolitical tensions, and a presidential election year, investors are seeking new ways to mitigate risk in their portfolio while still participating in the returns of the equity market. AllianzIM entered the ETF market in 2020 to address this need with a growing suite of buffered ETFs. Buffered ETFs are a powerful tool for advisors and their clients to reduce volatility and diversify a traditional allocation.Show ResourcesHere is a link for more information about Johan and Alianz:Allianz website- https://www.allianzim.com/Buffered ETF resource library- https://www.allianzim.com/resources/Allianz Life's Q4 Quarterly Market Perceptions study- https://www.allianzlife.com/about/newsroom/2024-Press-Releases/Fewer-Americans-are-Optimistic-About-the-Economy-in-2024 Equities are the building blocks of any successful portfolio. Advisors must understand the best way to wield equities if they want to succeed. Join VettaFi and other industry-leading experts on Wednesday, MARCH 13 for their “Equity Symposium!” Register for Free at etftrends.com/webcasts/equities-symposium-2024

The biggest trend in the advisory profession over the last year was the integration of AI into practices. Using generative AI for finance allows advisors to enhance their efficiency across multiple areas of their business, letting them do more with less. Increasing their productivity in investment management allows them to spend more time with their clients, and AI – which can reveal relevant news items for advisors – gives them natural touch points to reach out to their clients more often.Here are some links to learn more about Josh and Boosted.ai: https://boosted.ai/  Equities are the building blocks of any successful portfolio. Advisors must understand the best way to wield equities if they want to succeed. Join VettaFi and other industry-leading experts on Wednesday, MARCH 13 for their “Equity Symposium!” Register for Free at etftrends.com/webcasts/equities-symposium-2024

The SEC's approval of spot bitcoin ETFs was a watershed moment for crypto in the US. Grayscale's flagship product, GBTC, continues to be a compelling offering for investors looking to access a bitcoin ETF with liquidity, tight spreads, high trading volumes, and a decade-long track record of operational success. Since launch, GBTC has dominated trading volume, and outflows have moderated over the last few trading sessions. Grayscale is dedicated to providing investors with exposure to digital assets in the form of a security without the challenges of buying, storing, and safekeeping crypto. Here are some links to learn more about Grayscale:January market commentary on spot bitcoin ETFs- https://www.grayscale.com/research/market-commentary/january-2024-the-debut-of-spot-bitcoin-etfs White paper: The Role of Crypto in a Portfolio- https://www.grayscale.com/research/reports/the-role-of-crypto-in-a-portfolio My previous podcast with David- https://www.advisorperspectives.com/podcasts/2022/03/04/investing-in-the-digital-currency-infrastructure

As advisors are striving for that truly personal touch with their clients (and how much more personal can you get than eye-to-eye), there is increased interest in more in-person prospecting events. My guest today will discuss how he and his team have unlocked the power of seminars, giving advisors and firms opportunities to make a lasting impression and turn intrigued prospects into clients.Additionally, as people are getting so much spam through their email and on their cell phones, he will share how to gain mindshare in a meaningful way.Show ResourcesHere is a link for more information about Greg and White Glove:White Glove's website- https://www.whiteglove.com/ Greg's LinkedIn- https://www.linkedin.com/gregbogichFPA research: New Study Reveals Psychological Factors Hindering Growth for Financial Advisers- https://www.financialplanningassociation.org/press-room/releases-announcements/fpa-janus-henderson-adviser-growth-research  Equities are the building blocks of any successful portfolio. Advisors must understand the best way to wield equities if they want to succeed. Join VettaFi and other industry-leading experts on Wednesday, MARCH 13 for their “Equity Symposium!” Register for Free at etftrends.com/webcasts/equities-symposium-2024

Advisors are increasingly shifting away from a traditional 60/40 portfolio as they realize the full potential of alternatives and the benefits they can provide for their clients. Yet, despite increasing demand, hurdles to accessing and understanding alternative investment strategies still exist. My guest, Abby Salameh, will leverage findings from the CAIS-Mercer second annual survey – which was conducted at the second annual CAIS Alternative Investment Summit last month – to expand on the shift that's taking place as investors adopt a modern three-dimensional portfolio, the challenges that advisors continue to face when accessing these investments, how technology platforms like CAIS are addressing those hurdles, and her outlook for the alternatives industry into 2024. Here are links for more information about Abby and CAIS IQ:CAIS Website- https://www.caisgroup.com/home CAIS Brand Refresh Press Release- https://www.caisgroup.com/our-company/press/cais-modernizes-brand-to-reflect-role-in-transforming-the-world SS&C Advent white paper: Meeting the Demand for Diversification- https://www.advisorperspectives.com/pdfs/2023/meeting-demand-for-diversification-paper.pdf See the results of CAIS' 2023 survey, developed in partnership with Mercer- https://info.caisgroup.com/state-of-alternative-investments-in-wealth-management?utm_campaign=cais-mercer-survey-2024&utm_source=press&utm_medium=pws  Equities are the building blocks of any successful portfolio. Advisors must understand the best way to wield equities if they want to succeed. Join VettaFi and other industry-leading experts on Wednesday, MARCH 13 for their “Equity Symposium!” Register for Free at etftrends.com/webcasts/equities-symposium-2024

The biggest recipients of the "great wealth transfer" aren't happy with their advisor. These investors – women and NextGen (GenX, millennial and Gen Z) prospects – seek a modern advisory relationship focused on a personal connection with an advisor who they can trust to understand their unique needs and help them achieve their financial and life goals.According to McKinsey and Company's research, an estimated $59 trillion will be passed down from baby boomers to their spouses and heirs in the next 40 years. By 2030, $30 trillion will be controlled by women.With the great wealth transfer as the catalyst for change, advisors need to update their strategy and tactics to better connect with, retain and grow relationships with these clients who stand to inherit the bulk of the assets. Demographic shifts will drive the need for advisors to better understand how to connect with and support traditionally underrepresented groups.Show ResourcesHere is a link for more information about Lacy and Willow: https://www.trustwillow.com/ Equities are the building blocks of any successful portfolio. Advisors must understand the best way to wield equities if they want to succeed. Join VettaFi and other industry-leading experts on Wednesday, MARCH 13 for their “Equity Symposium!” Register for Free at etftrends.com/webcasts/equities-symposium-2024

According to my guest today, the lagging effects of central bank tightening will lead to a further deceleration in growth, a mild U.S. recession, anemic growth in Europe, but more resilience in emerging markets. Past episodes of high U.S. inflation suggest it will take about two years to bring core inflation down by half from its peak level. Equity valuations are stretched, particularly in big tech. Monetary authorities have decreased their support. And governments have probably already reached the limits of the fiscal stimulus they can provide.Given those challenges, you will learn about the opportunities for investors across a range of asset classes. There are quality U.S. and international stocks that trade at reasonable valuations and stand to benefit from important technology and secular trends. The expectation of lower interest rates in the future is creating opportunities in fixed income markets. That is in longer duration and in niche parts of the market like cat bonds and agencies. -Here are links for more information about Marco and Amundi US:Amundi Website- https://www.amundi.com/usinvestors Marco's LinkedIn- https://www.linkedin.com/authwallAmundi US site- https://www.amundi.com/usinvestors/Insights/Research-Insights  Equities are the building blocks of any successful portfolio. Advisors must understand the best way to wield equities if they want to succeed. Join VettaFi and other industry-leading experts on Wednesday, MARCH 13 for their “Equity Symposium!” Register for Free at etftrends.com/webcasts/equities-symposium-2024

RIA merger and acquisition activity has slowed this year. Activity in Q4 accelerated but it may not be enough to eclipse the annual total of 264 in 2022. I'll get into the details as well as what's beneath the numbers with David DeVoe in this podcast. I have had the privilege of interviewing David every year around this time, and this is the fourth in that series.Episode Resources:Here is a link to DeVoe & Co.'s web site- https://www.devoeandcompany.com/ Here is a link to last year's podcast- https://www.advisorperspectives.com/podcasts/2023/01/19/m-a-valuations-and-the-landscape-for-2023Here is a link to DeVoe & Co.'s dealbook- https://www.devoeandcompany.com/ria-ma-deal-booksHere is a link to the DeVoe Elevate conference- https://www.devoeandcompany.com/elevate Equities are the building blocks of any successful portfolio. Advisors must understand the best way to wield equities if they want to succeed. Join VettaFi and other industry-leading experts on Wednesday, MARCH 13 for their “Equity Symposium!” Register for Free at etftrends.com/webcasts/equities-symposium-2024

From March 2022 to July of this year, the Fed raised rates by 500 basis points. But the economy has done well this year, with GDP growth of 2.0%, 2.1% and 5.2% in the first three quarters. Does that mean the lagged impacts of the Fed's aggressive monetary tightening cycle will be fully felt in the year ahead? Is a second wave of inflation remains a major risk? The answers to those questions have implications for equities as the economic environment is likely to be volatile.-Here are links for more information about Jeff and ClearBridge:The Fed is Done, What's Next? (blog) - https://www.clearbridge.com/blogs/2023/aor-update-the-fed-is-done-whats-next Not Always a Straight Line Down (blog) - https://www.clearbridge.com/blogs/2023/aor-update-not-always-a-straight-line-down Economic Outlook 2024: The Year of Lagged Effects (podcast) - https://www.clearbridge.com/perspectives/podcasts/2023/economic-outlook-2024-the-year-of-lagged-effects Join me at Exchange! Exchange is a financial services conference where advisors can collaborate with top industry-leading experts, strengthen their skills, and develop across core dimensions of their professional portfolio. Register now for the Exchange Conference at the Fontainebleau, in Miami Beach Florida. To learn more visit exchangeetf.com 

If there's anything advisors have learned this year it's to expect the unexpected, and that volatility isn't likely to end anytime soon. As we look ahead to the rest of 2024, we'll explore one strategy that may help advisors weather the storm – real assets. Real asset categories – such as natural resources, infrastructure and real estate – have historically served as an effective hedge against inflation, demonstrated resilience across economic cycles, and provided diversification to more traditional portfolios. As such, they can remain a popular option for navigating inflation and recessionary risk. My guest today, Christopher Huemmer, senior client portfolio manager at FlexShares Exchange Traded Funds, will offer insights into how to invest in real assets and ways to get exposure with ETFs.  Here are links for more information about Chris and Northern Trust:My 2021 podcast with Chris- https://www.advisorperspectives.com/podcasts/2021/12/13/the-three-topics-that-will-dominate-advisor-client-conversations Here is a link to more information the FlexShares product line- https://www.flexshares.com/us/en/individual Join me at Exchange! Exchange is a financial services conference where advisors can collaborate with top industry-leading experts, strengthen their skills, and develop across core dimensions of their professional portfolio. Register now for the Exchange Conference at the Fontainebleau, in Miami Beach Florida. To learn more visit exchangeetf.com 

The turmoil in the bond market over the past three years has been dramatic. The yield on the benchmark 10-year Treasury has risen approximately 360 basis points since the beginning of 2021, and it nearly hit 5% in late October. That has caused investors to question the value and role of a fixed-income allocation within portfolios. But two nagging uncertainties – the Fed and inflation – should be less of a problem as we enter 2024. Despite the recent volatility and negative returns, there are clear and compelling opportunities for investors willing to take the long view and evaluate fixed income from a historical perspective. Here are some resources to learn more about Todd and Reams Asset Management:Reams Asset Management home page- https://www.reamsasset.com/Raymond James Investment Management home page- https://www.rjinvestmentmanagement.com/The Raymond James Investment Management Markets in Focus Podcast- https://www.rjinvestmentmanagement.com/podcastA message from Advisor Perspectives and VettaFi: To learn more on this and other topics, check out our full schedule of upcoming CE-approved virtual events.

The world population is aging rapidly – 65 million people over the age of 65 will live in the U.S. by 2030.The disparity between the length of time a person lives (their lifespan) and how long they are in good health and can function well (their healthspan) is widening. As a result, a significant portion of aging adults are spending longer portions of their lives in poor health as they struggle to pay for caregiving assistance.  This grim trend is the reason why 73% of aging adults in the U.S. cite sickness as their main concern. They want to improve their health to protect their retirement. Surprisingly, this is a highly underserved market. Many aging adults have savings, income and wealth-transfer solutions, but due to a broken insurance market and old paradigms, very few can get solutions to hedge against disability and its wealth-draining consequences.In 2020, the NeverStop platform was launched to allow life and health insurers to help their policyholders live longer and better by protecting them from disability and its financial consequences.-Here are links for more information about Larry and Assured Allies:The Assured Allies home page- https://www.assuredallies.com/ The NeverStop home page- https://www.neverstop.com/  Cryptocurrency investments have been among the top performers in 2023 and over the last ten years. However, the landscape could be changing in early 2024 with the potential approval of the first spot bitcoin ETFs in the U.S. What do ETF-oriented advisors need to understand about cryptocurrencies? Register now for our Crypto Symposium to get your Crypto questions answered. For more info visit https://www.etftrends.com/webcasts/crypto-symposiumExchange taps thought leaders and industry names to share the latest in portfolio construction and product innovation. Ensure your clients reach their growth goals with the most current thinking from top experts. You'll leave with at least one new strategy, product idea, or a portfolio construction tip to apply to your portfolios. For more information on Exchange, visit https://www.exchangeetf.com/

Themes ETFs, a new ETF sponsor, offers products that seek to provide investors with a way to own the opportunities that are shaping the future and moving markets, with expense ratios 40% cheaper than the average charged by competitor funds.  The offering at Themes ETFs spans both cutting-edge technologies and traditional industries, with targeted exposure ranging from generative artificial intelligence and cybersecurity to airlines and banks.  Backed by a former cofounder of GlobalX and a team of dynamic portfolio management professionals who collectively bring decades of prior experience and extensive expertise managing ETF portfolios for multibillion-dollar asset managers, Themes ETFs aims to disrupt the market with its competitive fee structure.  Themes ETFs has forgone a traditional wholesaling model to minimize its distributional expenses and maximize cost efficiency, passing those savings directly on to investors in the form of lower fees.Here are links for more information about Taylor and Themes ETFs:The Themes ETF home page- https://themesetfs.com/The Themes ETF lineup- https://themesetfs.com/etfs/WISE - Generative AI ETF- https://themesetfs.com/etfs/WISE/SPAM - Cybersecurity ETF- https://themesetfs.com/etfs/SPAM/AIRL - Airlines ETF- https://themesetfs.com/etfs/AIRL/GSIB - Global Systemically Important Banks ETF- https://themesetfs.com/etfs/GSIB/Meet the Team at Themes ETFs- https://themesetfs.com/about/ Cryptocurrency investments have been among the top performers in 2023 and over the last ten years. However, the landscape could be changing in early 2024 with the potential approval of the first spot bitcoin ETFs in the U.S. What do ETF-oriented advisors need to understand about cryptocurrencies? Register now for our Crypto Symposium to get your Crypto questions answered. For more info visit https://www.etftrends.com/webcasts/crypto-symposiumExchange taps thought leaders and industry names to share the latest in portfolio construction and product innovation. Ensure your clients reach their growth goals with the most current thinking from top experts. You'll leave with at least one new strategy, product idea, or a portfolio construction tip to apply to your portfolios. For more information on Exchange, visit https://www.exchangeetf.com/

Across the U.S. wealth spectrum, $2 out of $3 of investable assets are in taxable accounts. Having a comprehensive tax management strategy is critical. In the context of separately managed accounts, tax-loss harvesting is one component of a tax management strategy. Tax-efficient or tax-aware portfolio rebalancing is a key part of that. That includes the ability to evolve or rebalance the portfolios periodically in a tax-efficient manner by minimizing the overall tax liability. The tax-efficient techniques involve pairing gains against losses or avoiding short-term gains in favor of long-term gains, or capping gains in general to minimize overall tax cost.-Here are links for more information about Manju and Allspring:Unlock Smart Outcomes (white paper)- https://www.allspringglobal.com/globalassets/assets/public/pdf/insights/investing/unlock-smart-outcomes.pdf Megatrends: Tax Management (podcast)- https://blogs.allspringglobal.com/2023/09/megatrends-tax-management/?utm_source=insights&utm_medium=website&utm_campaign=podcast Tax-Loss Harvesting: Seizing Opportunity in Fixed Income (white paper)- https://www.allspringglobal.com/globalassets/assets/public/pdf/insights/investing/tax-loss-harvesting-seizing-opportunity-in-fixed-income.pdf  Cryptocurrency investments have been among the top performers in 2023 and over the last ten years. However, the landscape could be changing in early 2024 with the potential approval of the first spot bitcoin ETFs in the U.S. What do ETF-oriented advisors need to understand about cryptocurrencies? Register now for our Crypto Symposium to get your Crypto questions answered. For more info visit https://www.etftrends.com/webcasts/crypto-symposiumExchange taps thought leaders and industry names to share the latest in portfolio construction and product innovation. Ensure your clients reach their growth goals with the most current thinking from top experts. You'll leave with at least one new strategy, product idea, or a portfolio construction tip to apply to your portfolios. For more information on Exchange, visit https://www.exchangeetf.com/

Ned Davis Research (NDR) is a global provider of independent investment research, solutions and tools. Founded in 1980, NDR helps clients around the world make objective investment decisions. Its strategists and analysts use fundamental and technical research with models, charts, indicators and weight-of-the-evidence methodology to help clients see the signals and invest with confidence. NDR is headquartered in Sarasota, Florida with offices in New York, London, and Hong Kong.-Here are links for more information about Brian and Ned Davis Research:https://www.ndr.com/  Cryptocurrency investments have been among the top performers in 2023 and over the last ten years. However, the landscape could be changing in early 2024 with the potential approval of the first spot bitcoin ETFs in the U.S. What do ETF-oriented advisors need to understand about cryptocurrencies? Register now for our Crypto Symposium to get your Crypto questions answered. For more info visit https://www.etftrends.com/webcasts/crypto-symposiumExchange taps thought leaders and industry names to share the latest in portfolio construction and product innovation. Ensure your clients reach their growth goals with the most current thinking from top experts. You'll leave with at least one new strategy, product idea, or a portfolio construction tip to apply to your portfolios. For more information on Exchange, visit https://www.exchangeetf.com/

With the S&P 500 hitting the lowest levels since last June, I thought it would be great to talk to Ranger Alternative about how advisors should be incorporating a hedge in clients' portfolios regardless of the market environment. Ranger Alternative is sub-advisor to AdvisorShares' Ranger Equity Bear ETF (HDGE). The brains behind HDGE is my guest, David Tice (senior advisor), as well as John Del Vecchio (co-portfolio manager) and Brad Lamensdorf (co-portfolio manager).  HDGE is an actively managed ETF rooted in forensic accounting and technical analysis. -Here is a fact sheet for AdvisorShares' Ranger Equity Bear ETF (HDGE) - https://advisorshares.com/etfs/hdge/ A message from Advisor Perspectives and VettaFi: To learn more on this and other topics, check out our full schedule of upcoming CE-approved virtual events. Cryptocurrency investments have been among the top performers in 2023 and over the last ten years. However, the landscape could be changing in early 2024 with the potential approval of the first spot bitcoin ETFs in the U.S. What do ETF-oriented advisors need to understand about cryptocurrencies? Register now for our Crypto Symposium to get your Crypto questions answered. For more info visit https://www.etftrends.com/webcasts/crypto-symposiumExchange taps thought leaders and industry names to share the latest in portfolio construction and product innovation. Ensure your clients reach their growth goals with the most current thinking from top experts. You'll leave with at least one new strategy, product idea, or a portfolio construction tip to apply to your portfolios. For more information on Exchange, visit https://www.exchangeetf.com/

Advisors are being asked to provide their clients with a full suite of solutions, ranging from estate and tax planning to portfolio management, and everything in between. Clients are increasingly eager to gain access to fully customizable solutions that meet their individual needs. Advisors, meanwhile, are facing constraints while grappling with a volatile market, and their relationships with clients are being tested.To address those market challenges, SS&C Rendezvous was launched in 2023, offering advisors a turnkey, front-end investment management platform embedded in the Black Diamond portfolio management system. Featuring an open architecture model marketplace and an integrated proposal-generation tool targeting clients and prospects, Rendezvous empowers advisors with the technological resources to streamline goals-based financial planning and proposal generation, offer investment solutions and asset allocation tools that achieve clients' goals and reclaim time to focus on building relationships.Here are links for more information about Eric and SS&C ALPS:The Rendezvous home page - https://www.alpsadvisors.com/rendezvous The ALPS Funds home page - https://www.alpsfunds.com/ A message from Advisor Perspectives and VettaFi: To learn more on this and other topics, check out our full schedule of upcoming CE-approved virtual events. Cryptocurrency investments have been among the top performers in 2023 and over the last ten years. However, the landscape could be changing in early 2024 with the potential approval of the first spot bitcoin ETFs in the U.S. What do ETF-oriented advisors need to understand about cryptocurrencies? Register now for our Crypto Symposium to get your Crypto questions answered. For more info visit https://www.etftrends.com/webcasts/crypto-symposiumExchange taps thought leaders and industry names to share the latest in portfolio construction and product innovation. Ensure your clients reach their growth goals with the most current thinking from top experts. You'll leave with at least one new strategy, product idea, or a portfolio construction tip to apply to your portfolios. For more information on Exchange, visit https://www.exchangeetf.com/