Meir Statman: Moving Client Conversations Beyond Money to Life

Financial advisor value has traditionally centered on portfolio management. While that’s important, it’s no secret that many of those functions can now be replaced with technology.

Creating “life well-being “rather than just “financial well-being” can help advisors provide a personalized experience that adds value beyond the portfolio, according to Dr. Meir Statman, Professor of Finance at Santa Clara University.

In this episode of the Synergize podcast, Statman joins hosts Bill Coppel, Chief Client Growth Officer at TradePMR, and Ryan Neal, Senior Editor at TradePMR, to explore what this may mean for advisors looking to set their businesses apart in today’s competitive landscape and be positioned to capture the anticipated generational wealth transfer¹.

Listen as they explore:

• Practical ways that may help advisors add value beyond the portfolio
• Potential benefits that can come with crossing the boundary from money to life
• Skills advisors may want to adopt to curate client well-being in addition to managing wealth

Sources:

¹ Cerulli Anticipates $124 Trillion in Wealth Will Transfer Through 2048, Cerulli Associates, Published Dec. 5, 2024.