Sponsored By

Navigating the wealthtech trends reshaping financial advice.

The WealthStack Podcast: The Evolution of Financial Advisors as Risk ManagersThe WealthStack Podcast: The Evolution of Financial Advisors as Risk Managers

Rick Bookstaber and Dr. Ashby Monk discuss the importance of understanding risk.

Mark Bruno, Managing Director, Wealth Management

July 22, 2022

 

As more individuals enter and approach retirement, the role of a financial advisor is changing rapidly. An increasing number of clients need their advisors to act as “personal risk managers” and focus on downside protection and stability, vs. growth and outperformance. 

To learn more about this evolution, Mark Bruno, managing director of Wealth Management at Informa, is joined by Rick Bookstaber, co-founder and head of risk at Fabric, and Dr. Ashby Monk, executive and research director at Stanford University, to discuss the importance of understanding risk and the advisor’s role as risk manager for clients. 

Listen in as Mark, Rick and Dr. Ashby discuss:

  • The most prominent market, economic and planning risks in today’s environment

  • What financial advisors can learn from institutional investors about risk management

  • How advisors should balance long-term risks with short-term risks 

  • How risk management technology has evolved—specifically, the risk management tools and resources available to financial advisors.

Listen to The WealthStack Podcast

About the Author

Mark Bruno

Managing Director, Wealth Management, Informa Connect

Mark Bruno is Managing Director, Wealth Management at Informa Connect. In his role, Mr. Bruno leads the company’s Wealth Management media and event properties, which currently consists of WealthManagement.com, Inside ETFs and Inside WealthStack. He is also charged with driving several innovative new community and advisor-based initiatives, including the launch of the new RIA Edge podcast, event and webcast series.

In addition, Mr. Bruno is overseeing strategic partnerships and acquisitions to accelerate Informa’s growth within the financial advisor and wealth management communities. Mr. Bruno brings over 20 years of experience in the wealth management and asset management industries to Informa, including prominent leadership roles in industry media, research, and consulting organizations.

Before joining Informa Connect, Mr. Bruno was a Managing Director at ECHELON Partners, where he provided investment banking, consulting and valuation services to wealth managers. Mr. Bruno specialized in helping RIAs with a range of strategic initiatives, and his areas of expertise include organizational design and assessments, compensation consulting and succession and continuity solutions.

Prior to joining ECHELON, Mr. Bruno was the Managing Director and Associate Publisher at InvestmentNews, where he was responsible for overseeing a wide range of businesses, including IN’s research, content strategy, digital, custom publishing and sales groups. Mr. Bruno was with InvestmentNews for 12 years and helped establish the company as the leading B2B media brand in the wealth management industry. He played an integral role in the sale of InvestmentNews from Crain Communication to Bonhill Plc in 2018.

Mr. Bruno is an award-winning journalist, author and researcher who has written and edited for a number of financial publications over the past two decades, including InvestmentNews, Financial Week, Pensions & Investments and U.S. Banker. Mr. Bruno has also been featured in the Wall Street Journal, Forbes and the Chicago Tribune for his expertise in wealth and investment management. Mr. Bruno has received numerous accolades for his writing and reporting, including the American Business Media's prestigious Jesse H. Neal Award, and for his breaking news coverage and analysis of the financial services industry by The Society of American Business Editors and Writers. Mr. Bruno is the author of Save Now or Die Trying: Achieving Long-Term Wealth In Your 20s and 30s, one of the top-selling retirement planning books of 2007.