Weekly Market Review
In this recap, we summarize market performance and market moving news from the prior week.
In the first episode of PGIM Investments’ latest video series, The Inside Track, Stuart Parker, CEO and President of PGIM Investments, interviews Brad Hearn, President, Retail Advice and Solutions at Prudential Financial on the future of financial advice.
Key Takeaways
- The financial advice industry is experiencing rapid growth. More consumers are seeking advice than ever before, and firms are hiring advisors to keep up with this demand.
- Consumers want more customization for their investments and advisors are meeting this demand by deepening their relationships with their clients and delivering on what is most important to them.
- Is fintech a relationship enabler or inhibitor? Brad sees tech as an enabler for the advice industry, helping advisors to scale their businesses and deliver exceptional client experiences.
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