PODCAST · business
Big Picture In Practice
by Morningstar
Big Picture In Practice breaks down the latest trends for investing advisors with Morningstar experts and industry professionals. Whether you're creating portfolios, bespoke financial plans, or constructing tech stacks for financial professionals, this podcast is for you. Join us for biweekly roundtable discussions which make relevant trends accessible and help you thrive amidst evolving investor expectations.
Episodes
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Ritholtz Wealth Management: “Tax Advice is Financial Advice"
Bill Sweet, chief financial officer, and Bill Artzerounian, director of tax services at Ritholtz Wealth Management, say that a thousand dollars saved in taxes creates more client satisfaction than six-figure investment gains. That’s why it’s more important than ever for firms to embed tax…
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Stephanie Drescher: The Case for Adding Private-Market Exposure to 401(k) Plans
Stephanie Drescher, chief client and product development officer at Apollo Global Management, says it’s up to advisors to educate clients on how to strategically tap into the potential of this market. In this episode, Stephanie talks with Ben and Julie about: Making the most of the...
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How Fixed-Income ETFs Transformed Bond Markets: Lessons from BlackRock’s Steve Laipply
Are bonds boring? That’s their reputation—and it’s a big part of why investors embrace them. But Steve Laipply, global co-head of iShares fixed-income ETFs at BlackRock, thinks there’s also a lot more excitement to bonds than we give them credit for. In this episode, Steve talks with Ben and…
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Planning First: Redefining Retirement Income with Schwab’s Inga Rachwald and Rob Williams
Schwab’s Rob Williams and Inga Rachwald join Ben and Julie to unpack why retirement income is first and foremost a planning challenge—one that demands balancing emotional biases, clear goals, and smart investment choices. Together, they explore how advisors can reframe conversations around…
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Live from MIC: Anna Snider on Private Market Opportunities
Visit the Big Picture in Practice website: https://www.morningstar.com/business/insights/podcasts Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
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Jim Caron on Volatile Market Strategy and Global Portfolio Diversification
Morgan Stanley CIO Jim Caron explains how Trump’s tariff-funded fiscal policy could impact market volatility, sector trends, and investor portfolios. Visit the Big Picture in Practice website: https://www.morningstar.com/business/insights/podcasts Hosted by Simplecast, an AdsWizz company. See...
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Navigating Opportunity in Volatile Markets
Explore with BNY Wealth’s Sinead Colton Grant how private markets, risk tolerance, and asset allocation shape wealth strategies in today’s volatile market. Visit the Big Picture in Practice website: https://www.morningstar.com/business/insights/podcasts Hosted by Simplecast, an AdsWizz company.…
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The Crypto Adoption Curve: Lessons From ETFs With Grayscale Leaders
Grayscale’s Dave LaValle and John Hoffman share how advisors can navigate crypto’s rapid evolution, from understanding the technology and ETF parallels to preparing for regulatory shifts and AI-driven innovation as digital asset adoption accelerates. Visit the Big Picture in Practice website:...
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How Financial Advisors Can Deliver Tax-Savvy, Evidence-Driven Value
Additional resources: Read a summary of this episode: https://www.morningstar.com/business/insights/blog/podcasts/big-picture-in-practice/evidence-driven-financial-advisor-value Catch up on previous episodes: https://www.morningstar.com/views/podcasts/big-picture-in-practice Questions or ideas?...
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How Advisor Engagement Strategies and Investment Solutions Are Driving Stronger Client Relationships
Additional resources: Read a summary of this episode: https://www.morningstar.com/business/insights/blog/podcasts/big-picture-in-practice/advisor-engagement-strategies Catch up on previous episodes: https://www.morningstar.com/views/podcasts/big-picture-in-practice Subscribe to our newsletter:...
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The Evolution of Model Portfolios: A Deep Dive with Envestnet
In this episode The red flags to watch for when evaluating model portfolios. How private markets could strengthen model portfolios—and the risks involved. Why technology will drive personalization, but human connection with remain key. Additional resources: Catch up on previous episodes:...
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Unlocking the Power of 351 Conversion: ETFs, Tax Efficiency & the Future of Investing
In this episode: The tax advantages of ETFs and how they compare to other investment vehicles. How Section 351 conversions enable tax-efficient transitions from SMAs to ETFs. Potential regulatory risks and what they mean for the future of ETF tax benefits. Additional resources: Read a summary of...
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Money Market Funds, Explained
Deborah is the chief investment officer of global liquidity markets at Federated Hermes. She joined the Big Picture in Practice hosts to discuss this humble, yet sizable corner of the asset management industry. Listen now for: A one-minute history of money market funds. The role of money market...
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New Tech and the Future of Financial Advice
Additional resources: Read a summary of this episode: https://www.morningstar.com/business/insights/blog/podcasts/big-picture-in-practice/asset-management-new-tech-stack Catch up on previous episodes: https://www.morningstar.com/views/podcasts/big-picture-in-practice Subscribe to our newsletter:...
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Why AI Can’t Replace Human Financial Advisors
In this episode, Brent Beardsley, head of advisor solutions at Vanguard, explains how modern advisory firms can add value for clients and coexist with new technology. Listen now for: How financial advice has evolved over the last 25 years. What advisors can outsource to free up time for client...
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How Active ETFs Are Revolutionizing Investment Strategies
AllianceBernstein’s Global Head of ETFs, Noel Archard, joins Big Picture in Practice to discuss the evolution of ETFs, their adaptability to changing markets, and the rising demand for tailored investment solutions. From the emergence of active ETFs to the integration of alternative wrappers like...
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Creative Planning's Vision for the RIA Industry
In this episode: Understand the importance of aligning growth strategies with client needs and preferences. Learn practical techniques to enhance client engagement while pursuing new business opportunities. Explore how prioritizing client satisfaction can lead to sustainable growth in the wealth...
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The Growing Importance of Alternative Assets
In this episode: Alternative investments offer unique diversification opportunities. Interval funds provide liquidity and access to private assets. Tokenization could reshape access to alternative markets. Additional resources: Read a summary of the episode:...
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Lessons on Adaptability and Client-Focused Solutions with Capital Group’s CEO Mike Gitlin
In this episode: How advisors can focus on services over products to meet client needs. Why holistic guidance and treating the practice like a small business can help drive success. How staying informed on global trends and embracing continuous learning fosters long-term success. You can listen…
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Unified Managed Accounts and SMAs, Compared
Dimensional Fund Advisors’ Katie Hendrix and Bryce Skaff dive into the firm’s new UMA platform. In this episode: Differences between unified managed accounts, separate accounts, and direct indexing. A look inside UMA platform technology. How UMAs address tax considerations. You can listen to this...
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Tax-Managed Separate Accounts, Explained
Schwab’s Jason Diefenthaler breaks down the inner workings of tax-exempt investment strategies. In this episode: The basics of tax-managed fixed income. Tax management tactics for separate accounts. Tips to measure client outcomes and manage expectations. You can listen to this and other episodes...
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Understanding and Meeting the Unique Needs of Different Investor Segments
In the complex world of financial advising, one size doesn't fit all. The diversity among investors is vast, with hybrid investors, millennials, Gen X, and women each bringing unique preferences, concerns, and goals to the table. This presents a powerful yet perplexing challenge to financial...
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Hightower’s Bob Oros: What's Ahead for RIA Rollups
In this episode: Benefits and drawbacks of RIA consolidation. What investors want from financial advisors. How financial advisors can explain their value in a sea of sameness. You can listen to this and other episodes of Big Picture in Practice wherever you stream podcasts. Additional resources:...
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The Evolution and Popularity of Model Portfolios: A Conversation with BlackRock
In this episode: • The benefits of model portfolios for advisors and investors. • BlackRock's approach to model portfolios. • How technology is transforming portfolio management. You can listen to this and other episodes of Big Picture in Practice wherever you stream podcasts. Additional…
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What Financial Advisors Don’t Know About Bitcoin ETFs
Matt Hougan, Bitwise chief investment officer, joined the Big Picture in Practice podcast to explain how advisors should think about bitcoin ETFs and their place in a diversified portfolio. In this episode: How to value bitcoin. How bitcoin ETFs affect the wider crypto landscape. What's next for...
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Demystifying the Escalating Cost of Education and the Power of 529 Plans with Tricia Scarlata
In this episode: The rising costs of high education The importance of saving and investing early The versatility of 529 college savings plans You can listen to this and other episodes of Big Picture in Practice wherever you stream podcasts. Additional resources: Read a summary of this episode:...
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Tokenization of Real-World Assets: Definitions, Pros, Use Cases
Will Peck, the head of digital assets at WisdomTree, defines tokenized funds and explains their impact on the industry. In this episode: Benefits and drawbacks of real-world asset tokenization. The difference between cryptocurrency funds and tokenized funds. The future of tokenized funds. You can...
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The Ever-Changing Face of Finance with Jen Abate
Lazard Asset Management’s Head of Financial Institutions Group, Jen Abate, sat down with Morningstar to discuss the future of investments, the status of intermediary business, and how a solutions-first approach is the foundation of good, long-term client relationships. In this episode: The...
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What Advisors Need to Know About Interval Funds
Interval funds have found a foothold in the U.S. private markets, accumulating $48.9 billion in assets under management. PIMCO’s Christian Clayton explains some of the benefits and risks of this complex new investment vehicle. In this episode: A clear definition of interval funds. Benefits and...
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The Future of Investments: A Conversation with New Edge Weath
New Edge Wealth’s CIO, Cameron Dawson, sat down with Morningstar to discuss the future of investments, the status of active management, and how a holistic, customized approach is the foundation of a good investment philosophy that ensures each decision, whether risk or return, is balanced and…
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The Role of Private-Market Investments in Today’s Portfolios
Alternative investment strategies have become more accessible than ever before with product innovations. Are alternatives a fad or here to stay? According to Franklin Templeton’s Tony Davidow, the right education and content can help advisors uncover overlooked opportunities in the private…
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How to Grow a Family Office Without Losing the Personal Touch
In this episode of Big Picture in Practice, our hosts sit down with Chris to understand Rockefeller Global Family Office and their approach to sustainable practice growth. The value of personal touch in a digital world. Strategies to recruit advisor talent. Approaches to a consistent company...
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2024 Trends in Retirement Savings and Spending With BlackRock
In this episode, the Big Picture in Practice podcast breaks down retirement spending and saving trends. KC Boas, the head of retirement marketing at BlackRock, shares her outlook on emerging retirement solutions including: Life expectancy and retirement planning. Access and inclusion issues in...
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How Have Broker-Dealer Practices Evolved, and What’s Coming Next?
The world of investments today isn’t the same as what it was 20 years ago. Back then, the services that financial advisors provided their clients were much more 1:1 matched. As Rob Pettman, EVP and head of wealth management solutions at LPL Financial can attest, it was “a bit like being a Home...
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Decode AI Uses in Wealth Management With Fidelity’s Head of Data Strategy
Even if you live under a rock, you’ve probably heard the recent buzz around artificial intelligence. In the financial services industry, AI has sparked enthusiasm with its promise to automate tedious tasks and revolutionize efficiency, products, and services. But it’s also raised concerns, as...
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How mistakes and discoveries led ETFs to reshape capital markets
Want to dive deeper? Check out these additional resources: Subscribe to the Big Picture in Practice newsletter and get each episode delivered straight to your inbox: https://www.morningstar.com/business/insights/research/big-picture-in-practice-newsletter Read our blog summary:...
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The SEC’s 2024 Rulemaking Agenda: What’s Ahead for Climate and AI Proposals
Want to dive deeper? Check out these additional resources: Subscribe to the Big Picture in Practice newsletter and get each episode delivered straight to your inbox: https://www.morningstar.com/business/insights/research/big-picture-in-practice-newsletter Read our blog summary:...
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The three common factors driving the highest-growth advisor practices
How can advisors keep up with the evolving expectations of investors? In this episode of Big Picture in Practice, our hosts, Ben and Julie, sit down with Mike Van Wyk, director of customer research and insights at Capital Group, to explore what financial advisor firms need to target to see high...
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Rise of the Machines: Disruptive Technology and Advice
In the season 1 finale of Big Picture in Practice, Julie Willoughby and Syl Flood interview Sandy Kaul about how disruptive technology like digital assets and AI will impact the future of the investment and wealth management industry. Sandy is the senior vice president of Franklin Templeton.…
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Diving Deep into Direct Indexing and Separately Managed Accounts
As the demand for personalization at scale increases, direct indexing and separately managed accounts are also becoming more popular. Tune into the latest episode of Big Picture in Practice to hear Syl Flood and Julie Willoughby discuss these strategies with guests Kaitlin Hendrix and Shawn...
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How Behavioral Finance Impacts Wealth Management
In this episode of Big Picture in Practice, Julie Willoughby and Syl Flood discuss the role of behavioral finance as a science in managing wealth client relationships. Joining them are guests Sarah Newcomb, Director of Financial Psychology for Morningstar, and Stan Treger, a behavioral insights...
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Future Proof Your Business With the Next Generation of Investors
In this episode of Big Picture in Practice, Julie Willoughby and Syl Flood discuss how advisors can reach the next generation of investors. Joining them are guests Chanelle Pattinson, a Chartered Financial Planner and cofounder of Money Means, a financial planning subscription platform, and Ollie...
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ESG Regulation: Coming Up or Catching Up?
In this episode of Big Picture in Practice, Julie Willoughby and Syl Flood dive into ESG regulations with guests Aron Szapiro and Bryan McGannon. Aron is the head of retirement studies and public policy at Morningstar, and Bryan is the director of policy and programs at US SIF: The Forum for...
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Winter Is Coming, but Cryptocurrency Isn’t Going Anywhere
In this special two-part episode of Big Picture in Practice, Julie Willoughby and Syl Flood discuss the impact of cryptocurrency and digital financial assets on advice. First, they interview Morningstar Research Services analyst Madeline Hume on the current cryptocurrency landscape. Next, they...
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It’s Time to Have the Talk ... About Sustainability
Matt and Julie interview Shila Wattamwar and Danika Waddell about sustainability. Shila is the Global Head of Retail and Wealth ESG Strategy and Strategic Partnerships at Morningstar Sustainalytics. Danika is the founder and president of Xena Financial Planning. Hosted by Simplecast, an AdsWizz...
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Interviewing Tanja Hester: Advising a New Generation of Wallet Activists
In this special, live episode of Big Picture in Practice, Julie Willoughby and new co-host Syl Flood interview Tanja Hester on sustainability, wallet activism, and advice for advisors who want to engage with the new generation of investors. Tanja Hester is an award-winning author and activist....
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Not Your Grandfather's Advertising Rule
Matt and Julie interview Eric Purple and Shreya Matt, partner at Stradley Ronon and director of product management at Morningstar respectively, about the impacts of the SEC marketing rule and how advisors can position transparency as a competitive advantage. Hosted by Simplecast, an AdsWizz...
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Omnichannel Engagement, Because One Channel Is Never Enough
Harness the power of data and analytics to deliver a consistent and personalized experience across different mediums. Matt and Julie interview Rich Smith, the COO of global distribution from American Century Investments, about omnichannel engagement. Hosted by Simplecast, an AdsWizz company. See...
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Making Portfolios Personal
What’s driving demand for direct indexing and how advisors are embracing technology to balance personalization at scale. Matt and Julie interview Cindy Galiano and Zach Hamilton about direct indexing. Cindy is the head of product, investment management at Morningstar. Zach serves as a financial...
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Introducing Big Picture In Practice
Featuring Matthew Radgowski, Head of Morningstar's Advisor Solutions, and Julie Willoughby, Head of Enterprise Sales and Integrated Client Coverage, Americas. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
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ABOUT THIS SHOW
Big Picture In Practice breaks down the latest trends for investing advisors with Morningstar experts and industry professionals. Whether you're creating portfolios, bespoke financial plans, or constructing tech stacks for financial professionals, this podcast is for you. Join us for biweekly roundtable discussions which make relevant trends accessible and help you thrive amidst evolving investor expectations.
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Morningstar
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How many episodes does Big Picture In Practice have?
Big Picture In Practice currently has 50 episodes available on PodParley. New episodes are automatically indexed when they're published to the podcast feed.
What is Big Picture In Practice about?
Big Picture In Practice breaks down the latest trends for investing advisors with Morningstar experts and industry professionals. Whether you're creating portfolios, bespoke financial plans, or constructing tech stacks for financial professionals, this podcast is for you. Join us for biweekly...
How often does Big Picture In Practice release new episodes?
Big Picture In Practice has 50 episodes. Check the episode list to see recent publication dates and frequency.
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You can listen to Big Picture In Practice on PodParley by clicking any episode. We provide an embedded audio player for direct listening, and you can also subscribe via your preferred podcast app using the RSS feed.
Who hosts Big Picture In Practice?
Big Picture In Practice is created and hosted by Morningstar.
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