“The War Is Over and the Wirehouses Lost” | Jim Gold on Wall Street’s Shakeup
Wealth management firms are being bought and merged at a record pace, and a generation of advisors is preparing to sell their practices. What does all this consolidation mean for advisors, and for the investors who trust them with their money?
On this episode of Talking Wealth, Steward Partners co-founder and CEO Jim Gold joins Michael Batnick to talk about the M&A boom reshaping the industry. Jim built Steward into a firm with more than $50 billion in client assets after leaving Morgan Stanley in 2013, and he’s one of the most active players in the deal market today.
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