Big Picture In Practice – Details, episodes & analysis

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.

Matt Hougan, Bitwise chief investment officer, joined the Big Picture in Practice podcast to explain how advisors should think about bitcoin ETFs and their place in a diversified portfolio.

In this episode:

• How to value bitcoin.
• How bitcoin ETFs affect the wider crypto landscape.
• What's next for decentralized finance.

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/sec-approved-bitcoin-etfs
• 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:

• The rising costs of high education
• The importance of saving and investing early
• The versatility of 529 college savings plans

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/529-savings-plan-benefits?utm_source=simplecast&utm_medium=streaming
• 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.

Will Peck, the head of digital assets at WisdomTree, defines tokenized funds and explains their impact on the industry.

In this episode:

• Benefits and drawbacks of real-world asset tokenization.
• The difference between cryptocurrency funds and tokenized funds.
• The future of tokenized funds.

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/blockchain-asset-management
• 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.

Lazard Asset Management’s Head of Financial Institutions Group, Jen Abate, sat down with Morningstar to discuss the future of investments, the status of intermediary business, and how a solutions-first approach is the foundation of good, long-term client relationships.

In this episode:
The ever-changing face of the finance industry
The crucial role of solution-focused asset management
The importance of infrastructure investment

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/investment-solutions-future-of-finance
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.

Interval funds have found a foothold in the U.S. private markets, accumulating $48.9 billion in assets under management. PIMCO’s Christian Clayton explains some of the benefits and risks of this complex new investment vehicle.

In this episode:

• A clear definition of interval funds.
• Benefits and drawbacks of interval funds.
• When advisors should consider alternative investments.

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/private-markets-interval-funds
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.

New Edge Wealth’s CIO, Cameron Dawson, sat down with Morningstar to discuss the future of investments, the status of active management, and how a holistic, customized approach is the foundation of a good investment philosophy that ensures each decision, whether risk or return, is balanced and ideal for the individual investor.

In this episode:

• How New Edge Wealth approaches their investment philosophy
• The 2024 outlook of wealth management and strategy
• Where active management stands in today’s investment landscape – is it still useful?

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

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.

• In this episode of Big Picture in Practice, our hosts sit down with Chris to understand Rockefeller Global Family Office and their approach to sustainable practice growth.
  The value of personal touch in a digital world.
  Strategies to recruit advisor talent.
  Approaches to a consistent company culture across geographies.

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