One of my favorite moments in my career was convincing a bunch of investment adviser Kool-Aid drinkers to ditch their proprietary mutual funds and replace them with our affiliate trust company's collective investment trusts.
This was unheard of. Worse, I was in charge of a trust company, not the investment adviser. My request, needless to say, sounded a bit self-serving.
But I was convinced this was the right thing to do, even if it did seem more in my best interests than the firm's, let alone the potential clients. Here's why I liked the idea.
Continue Reading for Free
Register and gain access to:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.