{"id":20470,"date":"2023-07-18T22:27:03","date_gmt":"2023-07-18T22:27:03","guid":{"rendered":"https:\/\/www.thinkadvisor.com\/2023\/07\/18\/5-top-trends-from-merrill-q2-results\/"},"modified":"2023-07-18T22:27:03","modified_gmt":"2023-07-18T22:27:03","slug":"5-top-trends-from-merrill-q2-results","status":"publish","type":"post","link":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/2023\/07\/18\/5-top-trends-from-merrill-q2-results\/","title":{"rendered":"5 Top Trends From Merrill Q2 Results"},"content":{"rendered":"
<\/a><\/div>\n
<\/div>\n

\u201cLindsay and I continue to see this commitment to clients and growth firsthand,\u201d he told reporters. \u201cWe\u2019re seeing it firsthand as we\u2019re out on the road meeting with our teammates, our advisors, our client associates, market executives and our specialists.\u201d<\/p>\n

So far, the two of them \u201chave been in over 20 markets, from Los Angeles, Philadelphia, Palo Alto, Chicago, Atlanta, Miami, Detroit, and many others,\u201d he noted. \u201cAnd this has really proven to be valuable time and it\u2019s helped us even further inform our thoughts around strategy.\u201d<\/p>\n

4. Merrill\u2019s new strategy has three pillars.<\/h2>\n

\u201cPillar number one is that we will deliver more for our clients that will deepen,\u201d Hans said. \u201cPillar number two is we\u2019re going to increase our growth and investment in our advisors. And, number three, we\u2019ve got to continue this pace at which we\u2019re attracting new clients.\u201d<\/p>\n

5. Five trends will have a major impact on the U.S. wealth management sector.<\/h2>\n

Hans highlighted what she said are \u201c5 key trends\u201d that Merrill thinks will \u201cdefine and shape wealth management in this country going forward.\u201d<\/p>\n

The first is that the \u201cpace of wealth creation in this country is not going to slow down,\u201d she said.<\/p>\n

Second, \u201cwe see technology playing an increasingly big role, especially for our high-net-worth clients, in terms of the way they interact with us.\u201d<\/p>\n

Third, she said: \u201cAs clients think about simplification, which matters a lot to them in this space, they think about not just investments; they think about banking too, and they think about the value of both of those solutions being delivered by their advisor and the advisor team.\u201d<\/p>\n

Fourth, \u201cwe think big teams are going to get bigger.\u201d<\/p>\n

And fifth: <\/strong>\u201cAs we think about financial services as an industry and all of the different doors that talent can walk through, we see wealth management being the primary door,\u201d she said. \u201cWe see it as the destination of choice for talent, just given the growth and these trends and the innovation in this business.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"

\u201cLindsay and I continue to see this commitment to clients and growth firsthand,\u201d he told reporters. \u201cWe\u2019re seeing it firsthand as we\u2019re out on the road meeting with our teammates, our advisors, our client...<\/p>\n","protected":false},"author":1,"featured_media":20471,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[],"tags":[1],"jetpack_featured_media_url":"https:\/\/blog.lifeinsurance-orleans.ca\/wp-content\/uploads\/2023\/07\/5-top-trends-from-merrill-q2-results.jpg","_links":{"self":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts\/20470"}],"collection":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/comments?post=20470"}],"version-history":[{"count":0,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts\/20470\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/media\/20471"}],"wp:attachment":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/media?parent=20470"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/categories?post=20470"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/tags?post=20470"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}