Mentor RIA Consulting - Allowing you to focus on what you do best
RSS

Recent Posts

Sales Incentives: Who Really Pays?
Could an IRA Trust Work for Your Plan?
Is the Pandemic Changing Your Plans?
Form CRS: Prop or Flop?
Using 401(k) Loans for Short Term Liquidity

Categories

Clients
Compliance
General
Investing
Planning
RIA Business
Training
powered by

My Blog

Main Street versus Wall Street

We hear a lot about both of the streets – Main and Wall – and it is interesting to see the interplay of the two. Main Street does not always understand or trust the motives of Wall Street, but it needs the continued investment of the latter to fund business activity and growth. At the same time, Wall Street seems focused on servicing and profiting from the big money and big players of Main Street and disinterested in the smaller players.  

The events of the past year provide a good example of the divergence – while Wall Street experienced a year of large gains and overall great success, Main Street for the most part remained mired in uncertainty, increased regulation, mixed results and more disincentives to growth.  Where things will go this year is equally uncertain, though a lot of the answers Main Street has been seeking still haven’t arrived.

Given the divergence, it is important for advisers to understand the areas of disconnect between the Streets as much as they understand the overlap and mutual interests. Advisers thoughtfully addressing these differences will be able to better connect with their clients and ultimately improve their service to them.

For more on this topic, e-mail us at info@mentorriac.com to receive a copy of the full article entitled Wall Street versus Main Street.  

0 Comments to Main Street versus Wall Street:

Comments RSS

Add a Comment

Your Name:
Email Address: (Required)
Website:
Comment:
Make your text bigger, bold, italic and more with HTML tags. We'll show you how.
Post Comment
Website Builder provided by  Vistaprint