Franken Firms Explained
Peter discusses the concept of "Franken firms," highlighting how many large firms are essentially a patchwork of acquisitions leading to inconsistent cultures and practices. He emphasizes that while the industry has thrived, the inevitable consequences of such growth will catch up, causing these firms to struggle. The conversation also touches on the influence of private equity and the shifting dynamics of money within the financial advisory space.In this clip
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Masters in Business
Peter Mallouk on Making Financial Planning Easier
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