Alright, let’s jump right into this. So, you ever find yourself knee-deep in the jungle of wealth management, wondering how these big wigs keep it all together? Today, we dive in with John McArthur. Yeah, he’s the big cheese over at Krilogy, a firm with a name that sounds like some kind of sci-fi concoction but is really just a wealth management powerhouse with a $3.6 billion grip on assets. Humble beginnings back in 2009 with a mission to, well, handle money for fancy folks and businesses.
John’s got this vibe. You know, sort of like your buddy who casually mentions their college football days at Missouri with Kent Skornia—his partner-in-money. And there’s something kinda cool about how they’ve grown from their football scrambles to managing other people’s cash.
Now, about this chat we had, it wasn’t your usual stiff suit-and-tie talk. We hit on how private markets aren’t just where people stash their cash for fun. It’s about crafting these custom-fit suits, metaphorically speaking, for each client. I mean, how do you even balance being unique versus going full throttle on growth? McArthur’s take was, well, enlightening, sort of like figuring out the mystery of who keeps eating your leftovers but in wealth terms.
Okay, so private markets, right? They’re on this whole other playing field McArthur’s super keen on, like they were his secret playbook. It’s fascinating to see how he’s pushing Krilogy forward with some fresh strategy, always toggling between customization and scalability.
And here’s a fluffy bit – asset managers trying to school the wealth channel are like trying to herd cats on a windy day. Educating them, providing solid solutions? It’s an uphill battle. We delved into what’s missing in this wild ride through private markets, as in, why can’t all roads just be smoothly paved, right?
And tangent alert – evergreen funds. Ever wonder if they’re the golden tickets for long-term returns? Maybe, maybe not, who can say for sure? But McArthur’s got some wisdom for advisors itching to dive deeper into private markets.
But, hey, don’t just take my word for it. Hop on over to listen to the convo yourself on your podcast platform of choice. Have a laugh, learn a thing – did both in one listen. Plus, props to Ultimus Fund Solutions, partner of the century or something. They’re running behind the curtain making sure everyone’s financial opera doesn’t go off-kilter.
Alright, folks, that’s your peek behind the curtain. Go figure it out for yourselves, but fair warning, it might leave you wanting more – or maybe craving a grilled cheese sandwich. Anyway, where was I? Oh yeah, catch you on the airwaves.
