Planning or managing your wealth is a fantastic investment not only for yourself but also for your business, and there are wealth management services that will help you manage your wealth with high value and establish a trust-based relationship.

In this episode, we meet Richard Jollon, a wealth manager at Morgan Stanley. In the episode, he discusses the distinction between a stock brokerage firm and a wealth management firm, as well as the services provided to its clients. He also discussed how to battle human biases while managing funds and how their organization demonstrates values to their clientele.

If you're interested in learning more about organic growth, growth by acquisition, or the increase of capitalization of your company, this will be interesting and useful for you.

Key Takeaways
-What is the Difference between a Stock brokerage firm and A wealth management
-What are the services of Wealth Management Business
-The Common Target Audiences of Wealth Management Business
-How to Combat Human Biases and How Wealth managers addressed the problem
-How Wealth Management Demonstrate Values to their Clients

Quote Takeaways
“You know, I believe that at a certain point, you begin to define success less by financial measures and more by the quality of your relationships with your clients.” - Richard

Speakers of this Episode

-Richard T. Jollon | Profile | Linkedin
Vice President - Financial Advisor at Morgan Stanley
Morgan Stanley - Sentinel Group

-Christopher Lisle | Linkedin
Growth strategy advisor for the ecosystem of investors, IBanks and the companies they work with (middle market).
Acclaropartners.com


Time Stamp
[00:00] Introduction
[01:15] Guest Background
[03:50] Stock brokerage firm vs wealth management
[05:12] Wealth management services
[06:47] Why Consider get the service
[08:59] Home Office
[10:43] Target Audience of Wealth Management
[12:00] The Edge of Morgan Stanley from others
[14:11] Combating Human Biases
[17:30] Finding Prospects
[18:53] Demonstrating Value
[22:20] When is the right time?
[23:42] Defining Success
[25:22] Takeaways from the Guest