Knowledge and Insight > Plan for the Future

Advisors Are you Skating to Where the Puck is Going to Be

Matt Oechsli | IRIS, January 2016

Summary: Many so-called experts are giving their 2016 predictions. Brace yourself for volatility – be prepared for a downturn – and so on – all focused on the short-term. However two financial gurus, Larry Fink and Warren Buffett, are long-term thinkers (read the interview with BlackRock CEO Larry Fink in HBR November 2015). Fink is “on a crusade against short-term thinking” which he refers to as short-termism.

It’s important to be a forward thinker who takes the appropriate actions. Be it with technology, the next generation, seniors in need of assisted living, or the ongoing evolution of wealth management solutions – much like today, tomorrows affluent will want a financial advisor who is current, truly cares for his or her clients, and has incorporated excellence as the DNA of their practice.”