“Clients are only going to be willing to pay for quality advice and they won’t be willing to pay for transactions at all. The transparency is now there for them to make those value judgements”
“The beauty of three million relationships is that they don’t all do the same thing on the same day. Even on a day when the market is closed, we can make $65 million in wealth management because life goes on”
“I didn’t want to be private, Swiss or a bank any longer, but a global investment company that managed money better than anyone else – and the CIO was going to get us there”
“Goldman Sachs, Merrill Lynch, Morgan Stanley – those are masculine brands”
Ellevest founder Sallie Krawcheck argues for a new normal in wealth management