Oisin Breen

Well, at least that's part of the way in the right direction.  Problem is all of these product companies are still focused on using technology to sell products (Mutual Funds, ETFs, etc.).   Trying to fit yet another generic technology solution into the intermediary channel.  Too many already exist and no one wants to be beholden to a single financial product company.

Instead, they should be using technology to solve higher order problems (ie. Saving for retirement, income in retirement, etc.) and positioning not at advisors, but to the mass market.  New "financial products" could then stem from that.

Just sayin'

With cash burn high, WisdomTree offloads  AdvisorEngine onto white knight, Franklin Templeton -- which could score big with forgotten Junxure

Franklin Templeton

AdvisorEngine

Jenny Johnson

<p>The RIA business is many good things but integrated from a gender standpoint is not one of them. This is not so great. Women are the majority of humanity and they have an asset-building strategy that can't be beat. Women outlive their beer-and-steak mates and end up with big estates. But today's women have too another strategy -- pursuing wealth in the workplace. Yet when they go to find fellow women to talk all this through with, they don't readily find them.</p> 

<p>Companies big and small have for decades fallen over themselves to say that they have women's initiatives but I can't think of one that has amounted to much. But there are stories-- dozens or hundreds -- of them about women exerting their influence on this business and we are starting to collect them. It's a starting place -- documenting the ground being covered by women in the form of engaging tales graphically depicted by the physiognomy of the fairer sex.</p>

Women of Wealth Management

Franklin CEO Jenny Johnson is taking the San Mateo, Calif., fund firm on an M&A tear of RIAs and RIA software and asset managers, with Legg Mason already under contract.

With cash burn high, WisdomTree offloads AdvisorEngine onto white knight, Franklin Templeton -- which could score big with forgotten Junxure

Brian Murphy

Related Moves

March 21, 2024 at 4:41 AM

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