From a Wall Street perch, Chip Roame imparts wry skepticism anaerobically at Tiburon CEO Summit of 2013, spring edition
The independent channel is booming -- but objects in the mirror may still be in front of you, the Tiburon guru warns
Elmer Rich III
35 fundamental trends!? That’s way too many.
I see no mention of independently validated research or data!? How do you discuss opinions?
“I like the color brown”
“OK, well I like blue.”
End of conversation.
For example, “Roame argues that there’s a shift of power to the discount broker because “the guy closest to the client wins every time.”” OK, how can we verify this? if we can’t verity should we spend any time thinking about it?
So one of the top consultants in the industry, speaking to a gathering of senior leaders when commenting on one of the key products, SMA, says: “They suck,”!? Gee, I want that job!
Not really. Swapping opinions is uninteresting.
Did he not mention the “F” word – fiduciary?
Marie Swift
Wow, Dina. You did an awesome job capturing the tone and content of the Roame presentation last week. I was in the room and heard everything you did. Nice job on the recap and thanks for adding your perspective.
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