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Advisors need to be more aware of their shortcomings and do a better job of explaining the value proposition they offer to clients and prospective clients, according to Barry Ritholtz, chairman and chief investment officer of Ritholtz Wealth Management.
"It's important for advisors and their clients to understand what their blind spots are — where they think they have a skill set that perhaps they don't — and how to manage being wrong," he said Friday during an online Riskalyze RIA Roundtable event.
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Jeff Berman
Jeff joined the ThinkAdvisor team as a staff reporter in July 2019. Before joining ThinkAdvisor, he was a freelance reporter for five years, covering mainly technology, business, media and entertainment news for publications including The Miami Herald, Newsday, TheStreet.com, Long Island Press and multiple American City Business Journals websites. He also reported for several consumer electronics publications and was a technology reporter for publications of the Media & Entertainment Services Alliance. Prior to that, he worked as a reporter and editor for Consumer Electronics Daily and other Warren Communications News publications for 15 years. He graduated with an MA in journalism from New York University.
