In this episode, Brent Beardsley, head of advisor solutions at Vanguard, explains how modern advisory firms can add value for clients and coexist with new technology.

Listen now for:

• How financial advice has evolved over the last 25 years.
• What advisors can outsource to free up time for client engagement?
• What advisor activities truly add value for investors.

You can listen to this and other episodes of Big Picture in Practice wherever you stream podcasts.

Additional resources:

• Read a summary of this episode: https://www.morningstar.com/business/insights/blog/podcasts/big-picture-in-practice/financial-advisor-value-proposition
• Catch up on previous episodes: https://www.morningstar.com/views/podcasts/big-picture-in-practice
• Subscribe to our newsletter: https://www.morningstar.com/business/insights/research/big-picture-in-practice-newsletter

Questions or ideas? Email us at bigpictureinpractice@morningstar.com.

AllianceBernstein’s Global Head of ETFs, Noel Archard, joins Big Picture in Practice to discuss the evolution of ETFs, their adaptability to changing markets, and the rising demand for tailored investment solutions. From the emergence of active ETFs to the integration of alternative wrappers like interval funds and SMAs, Noel sheds light on how these tools empower financial advisors to better serve their clients.

In this episode:

• The evolution of ETFs and their role in modern investing
• Active ETFs and their alignment with transparency and cost-efficiency
• The importance of liquidity and tax efficiency in portfolio management
• How interval funds and private credit solutions complement traditional portfolios

You can listen to this and other episodes of Big Picture in Practice wherever you stream podcasts.

Additional resources:

• Read a summary of this episode: https://www.morningstar.com/business/insights/blog/podcast/big-picture-in-practice/etf-interval-fund-trends
• Catch up on previous episodes: https://www.morningstar.com/views/podcasts/big-picture-in-practice
• Subscribe to our newsletter: https://www.morningstar.com/business/insights/research/big-picture-in-practice-newsletter

Questions or ideas? Email us at bigpictureinpractice@morningstar.com.

In this episode:

• Understand the importance of aligning growth strategies with client needs and preferences.
• Learn practical techniques to enhance client engagement while pursuing new business opportunities.
• Explore how prioritizing client satisfaction can lead to sustainable growth in the wealth management sector.

Additional resources:

• Catch up on previous episodes: https://www.morningstar.com/views/podcasts/big-picture-in-practice
• Subscribe to our newsletter: https://www.morningstar.com/business/insights/research/big-picture-in-practice-newsletter

Questions or ideas? Email us at [bigpictureinpractice@morningstar.com](mailto:bigpictureinpractice@morningstar.com).