Wonderful, wonderful news.
At least if you are a creative wealth manager with a good vocabulary.
Nine in ten financial advisors say they plan to put clients’ money in “alternative” investments over the next few years, including such lucrative, high-priced vehicles as private equity, personal loans, hedge funds, venture capital, and the like.
Whether that’s good news for customers is another matter. But they are notoriously rare ones with yachts.