With Hamilton Lane's $90 million stake and Vestmark deal in her back pocket, Russell CEO is ready to plunge the old-line, upper-crust firm into the RIA middle-market
Michelle Seitz opened the playbook to allow RIAs more autonomy, and the firm will use wholesalers based less on channel and more on geography.
Author Lisa Shidler
October 19, 2021 at 2:29 AM
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Top Executive: Jennifer Tice
October 19, 2021 — 8:18 PM
This is an interesting development - that said, these companies should be looking from the bottom up (not top down) in designing products/services. Design for the consumer, then the full stack (advisor, custodian, etc.) can access at various touch-points along the way. If the product re-imagines "advice" for the consumer, it will be adopted by the full stack.