It’s not a question of if, but when, every advisor will embrace the reality that the world is shrinking. Are you ready?
Globalization. We hear the term over and over nowadays yet it’s often hard to define succinctly because it encompasses myriad issues. At its core, globalization means to make worldwide, and as we know, virtually every industry—particularly financial services—is conducting business around the globe. As part of that financial services community, advisors—whether they’re attuned to it or not—are being touched more and more by globalization. Advisors’ failure to embrace and prepare for the ever-increasing changes that globalization will present to their businesses will ultimately determine their future success.
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