Explore every episode of the podcast Big Picture In Practice
| Title | Pub. Date | Duration | |
|---|---|---|---|
| Why AI Can’t Replace Human Financial Advisors | 12 Dec 2024 | 00:33:18 | |
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:
You can listen to this and other episodes of Big Picture in Practice wherever you stream podcasts.
Additional resources:
Questions or ideas? Email us at bigpictureinpractice@morningstar.com. | |||
| How Active ETFs Are Revolutionizing Investment Strategies | 02 Dec 2024 | 00:48:34 | |
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:
You can listen to this and other episodes of Big Picture in Practice wherever you stream podcasts. Additional resources:
Questions or ideas? Email us at bigpictureinpractice@morningstar.com. | |||
| What Financial Advisors Don’t Know About Bitcoin ETFs | 06 Jun 2024 | 00:33:49 | |
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:
You can listen to this and other episodes of Big Picture in Practice wherever you stream podcasts. Additional resources:
Questions or ideas? Email us at bigpictureinpractice@morningstar.com. | |||
| Demystifying the Escalating Cost of Education and the Power of 529 Plans with Tricia Scarlata | 23 May 2024 | 00:29:17 | |
In this episode:
You can listen to this and other episodes of Big Picture in Practice wherever you stream podcasts. Additional resources:
Questions or ideas? Email us at bigpictureinpractice@morningstar.com. | |||
| Tokenization of Real-World Assets: Definitions, Pros, Use Cases | 09 May 2024 | 00:30:10 | |
Will Peck, the head of digital assets at WisdomTree, defines tokenized funds and explains their impact on the industry. In this episode:
You can listen to this and other episodes of Big Picture in Practice wherever you stream podcasts. Additional resources:
Questions or ideas? Email us at bigpictureinpractice@morningstar.com. | |||
| The Ever-Changing Face of Finance with Jen Abate | 25 Apr 2024 | 00:41:41 | |
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: You can listen to this and other episodes of Big Picture in Practice wherever you stream podcasts. Additional resources: Questions or ideas? Email us at bigpictureinpractice@morningstar.com. | |||
| What Advisors Need to Know About Interval Funds | 11 Apr 2024 | 00:30:30 | |
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:
You can listen to this and other episodes of Big Picture in Practice wherever you stream podcasts. Additional resources: Questions or ideas? Email us at bigpictureinpractice@morningstar.com. | |||
| The Future of Investments: A Conversation with New Edge Weath | 28 Mar 2024 | 00:37:30 | |
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:
You can listen to this and other episodes of Big Picture in Practice wherever you stream podcasts. Additional resources: Questions or ideas? Email us at bigpictureinpractice@morningstar.com. | |||
| The Role of Private-Market Investments in Today’s Portfolios | 14 Mar 2024 | 00:31:42 | |
Alternative investment strategies have become more accessible than ever before with product innovations. Are alternatives a fad or here to stay? According to Franklin Templeton’s Tony Davidow, the right education and content can help advisors uncover overlooked opportunities in the private market.
| |||
| How to Grow a Family Office Without Losing the Personal Touch | 15 Feb 2024 | 00:30:56 | |
You can listen to this and other episodes of Big Picture in Practice wherever you stream podcasts. | |||
| 2024 Trends in Retirement Savings and Spending With BlackRock | 01 Feb 2024 | 00:32:27 | |
In this episode, the Big Picture in Practice podcast breaks down retirement spending and saving trends. KC Boas, the head of retirement marketing at BlackRock, shares her outlook on emerging retirement solutions including:
You can listen to this and other episodes of Big Picture in Practice wherever you stream podcasts. Additional resources: Questions or ideas? Email us at bigpictureinpractice@morningstar.com. | |||
| How Have Broker-Dealer Practices Evolved, and What’s Coming Next? | 18 Jan 2024 | 00:26:00 | |
The world of investments today isn’t the same as what it was 20 years ago. Back then, the services that financial advisors provided their clients were much more 1:1 matched. As Rob Pettman, EVP and head of wealth management solutions at LPL Financial can attest, it was “a bit like being a Home Depot floor worker.” In today’s landscape, however, advisors have evolved greatly in how they work with their investor clients on wealth management and exploring opportunities. Rob Pettman joins the Big Picture in Practice hosts to talk about the evolution of the broker-dealer landscape. What it was, what it has become, and what it could be down the line. You can listen to this and other episodes of Big Picture in Practice wherever you stream podcasts. Additional resources: Questions or ideas? Email us at bigpictureinpractice@morningstar.com. | |||
| Creative Planning's Vision for the RIA Industry | 14 Nov 2024 | 00:45:07 | |
In this episode:
Additional resources:
Questions or ideas? Email us at [bigpictureinpractice@morningstar.com](mailto:bigpictureinpractice@morningstar.com). | |||
| Decode AI Uses in Wealth Management With Fidelity’s Head of Data Strategy | 04 Jan 2024 | 00:35:00 | |
Even if you live under a rock, you’ve probably heard the recent buzz around artificial intelligence. In the financial services industry, AI has sparked enthusiasm with its promise to automate tedious tasks and revolutionize efficiency, products, and services. But it’s also raised concerns, as financial regulators explore guardrails and practitioners evaluate potential biases. To understand what AI means for wealth management professionals and investors, the Big Picture in Practice podcast went to the experts. Andrew Brzezinski, head of data strategy, business intelligence, and advanced analytics at Fidelity Investments, defines AI and what it means for the future of financial services. You can listen to this and other episodes of Morningstar’s Big Picture in Practice podcast on a variety of platforms. Keep up with the latest episodes by subscribing to our Big Picture in Practice Newsletter. If you have questions or ideas for future topics, email us at bigpictureinpractice@morningstar.com. | |||
| How mistakes and discoveries led ETFs to reshape capital markets | 15 Dec 2023 | 00:34:44 | |
Want to dive deeper? Check out these additional resources: Subscribe to the Big Picture in Practice newsletter and get each episode delivered straight to your inbox: https://www.morningstar.com/business/insights/research/big-picture-in-practice-newsletter Read our blog summary: https://www.morningstar.com/views/podcasts/big-picture-in-practice/etfs-reshape-capital-markets Explore past episode of Big Picture in Practice: https://morningstar.com/views/podcasts/big-picture-in-practice | |||
| The SEC’s 2024 Rulemaking Agenda: What’s Ahead for Climate and AI Proposals | 20 Nov 2023 | 00:30:35 | |
Want to dive deeper? Check out these additional resources: Subscribe to the Big Picture in Practice newsletter and get each episode delivered straight to your inbox: https://www.morningstar.com/business/insights/research/big-picture-in-practice-newsletter Read our blog summary: https://www.morningstar.com/views/podcasts/big-picture-in-practice/sec-rules-ai-proposal Explore past episode of Big Picture in Practice: https://morningstar.com/views/podcasts/big-picture-in-practice | |||
| The three common factors driving the highest-growth advisor practices | 13 Nov 2023 | 00:28:04 | |
How can advisors keep up with the evolving expectations of investors? In this episode of Big Picture in Practice, our hosts, Ben and Julie, sit down with Mike Van Wyk, director of customer research and insights at Capital Group, to explore what financial advisor firms need to target to see high growth, client reach, and long-term scalability.
Want to dive deeper? Check out these additional resources:
Subscribe to the Big Picture in Practice newsletter: https://www.morningstar.com/business/insights/research/big-picture-in-practice-newsletter
Read our blog summary: https://www.morningstar.com/views/podcasts/big-picture-in-practice/financial-advisor-growth-best-practices
Explore past episode of Big Picture in Practice: https://morningstar.com/views/podcasts/big-picture-in-practice
| |||
| Rise of the Machines: Disruptive Technology and Advice | 16 Dec 2022 | 00:28:53 | |
In the season 1 finale of Big Picture in Practice, Julie Willoughby and Syl Flood interview Sandy Kaul about how disruptive technology like digital assets and AI will impact the future of the investment and wealth management industry. Sandy is the senior vice president of Franklin Templeton. | |||
| Diving Deep into Direct Indexing and Separately Managed Accounts | 02 Dec 2022 | 00:28:41 | |
As the demand for personalization at scale increases, direct indexing and separately managed accounts are also becoming more popular. Tune into the latest episode of Big Picture in Practice to hear Syl Flood and Julie Willoughby discuss these strategies with guests Kaitlin Hendrix and Shawn Jaberzadeh. | |||
| How Behavioral Finance Impacts Wealth Management | 18 Nov 2022 | 00:28:32 | |
In this episode of Big Picture in Practice, Julie Willoughby and Syl Flood discuss the role of behavioral finance as a science in managing wealth client relationships. Joining them are guests Sarah Newcomb, Director of Financial Psychology for Morningstar, and Stan Treger, a behavioral insights advisor with Northern Trust. | |||
| Future Proof Your Business With the Next Generation of Investors | 04 Nov 2022 | 00:26:13 | |
In this episode of Big Picture in Practice, Julie Willoughby and Syl Flood discuss how advisors can reach the next generation of investors. Joining them are guests Chanelle Pattinson, a Chartered Financial Planner and cofounder of Money Means, a financial planning subscription platform, and Ollie Smith, the senior editor of Morningstar’s European editorial team. | |||
| ESG Regulation: Coming Up or Catching Up? | 21 Oct 2022 | 00:27:28 | |
In this episode of Big Picture in Practice, Julie Willoughby and Syl Flood dive into ESG regulations with guests Aron Szapiro and Bryan McGannon. Aron is the head of retirement studies and public policy at Morningstar, and Bryan is the director of policy and programs at US SIF: The Forum for Sustainable and Responsible Investment. | |||
| Winter Is Coming, but Cryptocurrency Isn’t Going Anywhere | 07 Oct 2022 | 00:30:17 | |
In this special two-part episode of Big Picture in Practice, Julie Willoughby and Syl Flood discuss the impact of cryptocurrency and digital financial assets on advice. First, they interview Morningstar Research Services analyst Madeline Hume on the current cryptocurrency landscape. Next, they interview Hashim Mitha, CEO of MeetAmi, on the challenges and opportunities that cryptocurrency provides for advisors. | |||
| The Growing Importance of Alternative Assets | 17 Oct 2024 | 00:42:37 | |
In this episode:
Additional resources:
Questions or ideas? Email us at [bigpictureinpractice@morningstar.com](mailto:bigpictureinpractice@morningstar.com). | |||
| It’s Time to Have the Talk ... About Sustainability | 09 Sep 2022 | 00:27:57 | |
Matt and Julie interview Shila Wattamwar and Danika Waddell about sustainability. Shila is the Global Head of Retail and Wealth ESG Strategy and Strategic Partnerships at Morningstar Sustainalytics. Danika is the founder and president of Xena Financial Planning. | |||
| Interviewing Tanja Hester: Advising a New Generation of Wallet Activists | 01 Sep 2022 | 00:29:38 | |
In this special, live episode of Big Picture in Practice, Julie Willoughby and new co-host Syl Flood interview Tanja Hester on sustainability, wallet activism, and advice for advisors who want to engage with the new generation of investors. Tanja Hester is an award-winning author and activist. | |||
| Not Your Grandfather's Advertising Rule | 24 Aug 2022 | 00:28:29 | |
Matt and Julie interview Eric Purple and Shreya Matt, partner at Stradley Ronon and director of product management at Morningstar respectively, about the impacts of the SEC marketing rule and how advisors can position transparency as a competitive advantage. | |||
| Omnichannel Engagement, Because One Channel Is Never Enough | 11 Aug 2022 | 00:22:28 | |
Harness the power of data and analytics to deliver a consistent and personalized experience across different mediums. Matt and Julie interview Rich Smith, the COO of global distribution from American Century Investments, about omnichannel engagement. | |||
| Making Portfolios Personal | 27 Jul 2022 | 00:29:20 | |
What’s driving demand for direct indexing and how advisors are embracing technology to balance personalization at scale. Matt and Julie interview Cindy Galiano and Zach Hamilton about direct indexing. Cindy is the head of product, investment management at Morningstar. Zach serves as a financial advisor at Alterra Advisors. | |||
| Introducing Big Picture In Practice | 21 Apr 2022 | 00:01:06 | |
Featuring Matthew Radgowski, Head of Morningstar's Advisor Solutions, and Julie Willoughby, Head of Enterprise Sales and Integrated Client Coverage, Americas. | |||
| Lessons on Adaptability and Client-Focused Solutions with Capital Group’s CEO Mike Gitlin | 03 Oct 2024 | 00:35:06 | |
In this episode:
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/financial-advisor-client-success 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. | |||
| Unified Managed Accounts and SMAs, Compared | 19 Sep 2024 | 00:38:42 | |
Dimensional Fund Advisors’ Katie Hendrix and Bryce Skaff dive into the firm’s new UMA platform. In this episode:
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/tax-managed-separate-accounts 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. | |||
| Tax-Managed Separate Accounts, Explained | 05 Sep 2024 | 00:30:14 | |
Schwab’s Jason Diefenthaler breaks down the inner workings of tax-exempt investment strategies. In this episode:
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/tax-managed-separate-accounts Disclosures There are risks associated with any investment approach, the Wasmer Schroeder Strategies have their own set of risks. The Wasmer Schroeder Strategies invests primarily in fixed income instruments and as such the strategies are subject to various risks including but not limited to interest rate risk, reinvestment risk, credit risk, default risk and event risk. Fixed income securities are subject to increased loss of principal during periods of rising interest rates. Fixed income investments are subject to various other risks including changes in credit quality, market valuations, liquidity, prepayments, early redemption, corporate events, tax ramifications and other factors. Past performance is no guarantee of future results. The material provided is for informational purposes only and contains no investment advice or recommendations to buy or sell any specific securities. The statements contained herein are based upon the opinions of Charles Schwab Investment Management, Inc., dba Schwab Asset Management™, and the data available at the time of the presentation which may be subject to change depending on current market conditions. This presentation does not purport to be a complete overview of the topic stated, nor is it intended to be a complete discussion or analysis of the topic or securities discussed. All opinions and views constitute our judgments as of the date of writing and are subject to change at any time without notice. Schwab Asset Management does not accept any liability for any loss or damage arising out of the use of all or any part of this presentation. This report should not be regarded by recipients as a substitute for the exercise of their own judgment and may contain numerous assumptions. Different assumptions could result in materially different outcomes. Please contact Schwab Asset Management for more complete information, including the implications and appropriateness of the strategy or securities discussed herein for any particular portfolio or client. Wasmer Schroeder Strategies are available through Schwab's Managed Account Connection® program ("Connection"). Please read Schwab's disclosure brochure for important information and disclosures relating to Connection and Schwab's Managed Account Services®. Portfolio Management for the Wasmer Schroeder Strategies is provided by Charles Schwab Investment Management, Inc., dba Schwab Asset Management, a registered investment adviser and an affiliate of Charles Schwab & Co., Inc. (“Schwab”). Both Schwab Asset Management and Schwab are separate entities and subsidiaries of The Charles Schwab Corporation. | |||
| Understanding and Meeting the Unique Needs of Different Investor Segments | 29 Aug 2024 | 00:44:53 | |
In the complex world of financial advising, one size doesn't fit all. The diversity among investors is vast, with hybrid investors, millennials, Gen X, and women each bringing unique preferences, concerns, and goals to the table. This presents a powerful yet perplexing challenge to financial advisors: how to tailor their services effectively to each group. Listen to our in-depth conversation with Brie as she shares the distinctive needs of four primary investor cohorts and her views on the digitization and personalization of financial advisory services. Additional resources: Questions or ideas? Email us at bigpictureinpractice@morningstar.com. | |||
| Hightower’s Bob Oros: What's Ahead for RIA Rollups | 08 Aug 2024 | 00:36:55 | |
In this episode:
You can listen to this and other episodes of Big Picture in Practice wherever you stream podcasts. Additional resources: Questions or ideas? Email us at bigpictureinpractice@morningstar.com. | |||
| The Evolution and Popularity of Model Portfolios: A Conversation with BlackRock | 20 Jun 2024 | 00:28:46 | |
In this episode: You can listen to this and other episodes of Big Picture in Practice wherever you stream podcasts. Additional resources: Questions or ideas? Email us at bigpictureinpractice@morningstar.com. | |||
| How Advisor Engagement Strategies and Investment Solutions Are Driving Stronger Client Relationships | 06 Mar 2025 | 00:40:25 | |
Additional resources: Read a summary of this episode: https://www.morningstar.com/business/insights/blog/podcasts/big-picture-in-practice/advisor-engagement-strategies 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. | |||
| The Evolution of Model Portfolios: A Deep Dive with Envestnet | 20 Feb 2025 | 00:36:17 | |
In this episode
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 | |||
| Unlocking the Power of 351 Conversion: ETFs, Tax Efficiency & the Future of Investing | 06 Feb 2025 | 00:37:40 | |
In this episode:
Additional resources: Read a summary of this episode: https://www.morningstar.com/business/insights/blog/podcasts/big-picture-in-practice/351-conversion-sma-to-etf-white-label-etf 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. | |||
| Money Market Funds, Explained | 23 Jan 2025 | 00:39:38 | |
Deborah is the chief investment officer of global liquidity markets at Federated Hermes. She joined the Big Picture in Practice hosts to discuss this humble, yet sizable corner of the asset management industry. Listen now for:
Additional resources: Read a summary of this episode: https://www.morningstar.com/business/insights/blog/big-picture-in-practice/money-market-funds-cash 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 Tech and the Future of Financial Advice | 09 Jan 2025 | 00:43:02 | |
Additional resources: Read a summary of this episode: https://www.morningstar.com/business/insights/blog/podcasts/big-picture-in-practice/asset-management-new-tech-stack 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 | |||