Trends with Benefits #32: State of the Financial Advisory Business with Ryan Shanks
Ed Lopez, Head of ETF Product
October 27, 2020
State of the Financial Advisory Business
With over 20 years of experience recruiting in financial services Ryan has a unique perspective of how things have changed in the industry and for the profession of financial advice. Sitting in between the advisor and the firms that employ them, he has seen the rise of the independent advisor, new trends in business models such as subscription services, and how a new generation of advisors are approaching the business. These trends provide the context for our discussion around the state of the industry including challenges attracting and training new advisors, diversity, and what advisors and firms alike can do to be better matches for one another.
Please note that Van Eck Securities Corporation (an affiliated broker-dealer of Van Eck Associates Corporation) may offer investments products that invest in the asset class(es) discussed in this podcast.
The views and opinions expressed are those of the speaker(s) but not necessarily those of VanEck. Commentaries are general in nature and should not be construed as investment advice. Certain statements contained herein may constitute projections, forecasts and other forward looking statements, which do not reflect actual results, are valid as of the date of this communication and subject to change without notice. Information provided by third party sources are believed to be reliable and have not been independently verified for accuracy or completeness and cannot be guaranteed. Any discussion of specific securities/financial instruments mentioned in the commentary is neither an offer to sell nor a solicitation to buy these securities. Fund holdings will vary. All indices mentioned are measures of common market sectors and performance. It is not possible to invest directly in an index. Information on holdings, performance and indices can be found at vaneck.com.
All investing is subject to risk, including the possible loss of the money you invest. As with any investment strategy, there is no guarantee that investment objectives will be met and investors may lose money. Diversification does not ensure a profit or protect against a loss in a declining market. Past performance is no guarantee of future performance.